Business Franchise opportunities to start in Barnstaple
Barnstaple: A great location to start a business
If you want to start a business in Barnstaple, working for yourself but not on your own, then check out our franchising opportunities in the South West. On this page, you will find a range of brands to choose from for becoming a franchisee in the North Devon area and across the United Kingdom. Browsing our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
North Devon has a population of approximately 96,000 people. The 60+ age group is the most represented within the population. Residents in the area earn £22,123 per year on average. This income is lower than the national average gross salary, which reaches close to £31,000.
What the Professional Services sector could offer you
If you're thinking about becoming a franchisee in the Professional Services sector, take a look at our 41 franchise options currently available in the sector. The Professional Services sector is just one sector among many in the B2B Services sector. Its three Legal & Solicitor franchises, two Consulting franchises, three Media franchises, 38 Management franchises and 41 Business franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business opportunity.
Three franchises that might interest you
The Professional Services sector offers a variety of brands to choose from, including Driver Hire. Launched in 1983, Driver Hire has grown a loyal following since opening 37 years ago. By joining its current 100 franchisees, you would be joining a growing brand network. In order to open a Driver Hire business, an initial investment of £40,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Driver Hire asks for a personal investment of at least £32,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You may feel more secure in opening a Driver Hire franchise knowing that franchisees can benefit from full training, assistance and support. Eligible candidates may also apply for financial aid.
Check out Bartercard UK, another interesting Professional Services franchise. The brand is expanding, with 75 locations currently in operation, and a desire to expand further. This business requires a reasonable initial investment of £6,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Bartercard UK business is £2,000. Given these low startup costs, this option could be suitable for first-time franchisees.
As a final example, have a look at CPA Online. By joining its network of 10 franchisees, you could contribute to this brand's success. To start your own CPA Online franchise, you will need to invest £14,750, of which at least £7,375 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make it a good option to pursue for first-time franchisees. If you decide to invest in this franchise, you will be offered comprehensive training and support, giving your business the best possible chance to thrive.
The Professional Services sector currently has 41 franchising opportunities. If you're curious about franchising opportunities in other sectors, Point Franchise offers close to 250 brands to choose from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.