Business Franchise opportunities to start in Andover
What can Andover offer to new businesses?
Discover the business opportunities waiting for you in Andover, situated in the South East of England. On this page you'll find a selection of brands that could make you a franchisee in the Test Valley area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. We offer a range of realistic new business investment possibilities, so that you can find one you like.
An estimated 125,000 people currently live in Test Valley. The 40-59 age group is the most represented within the population. The local unemployment rate of 4% is comparable to the UK average of 4%. The local labour force consists of 60,500 people, making up 80.8% of the population. The gross annual salary in Test Valley amounts to £30,680, which is in line with the national average of close to £31,000.
The Professional Services sector could be the right choice for you
The Professional Services sector currently offers 41 franchise opportunities. If this sector appeals to you, check out our options. The B2B Services sector offers a variety of options in addition to those in the Professional Services sector. These include 27 B2B franchises, two Consulting franchises, six Recruitment franchises, six Sign franchises and seven Training franchises. Have a look at the brands available to see which could be your perfect match.
Have a look at three franchise business examples
CPA Online is a competitive business operating in the Professional Services sector. There are 10 locations open so far, and the network is expanding. This business requires a reasonable initial investment of £14,750. If you intend to get 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 start a CPA Online business is £7,375. These low startup costs make this a good franchising option for first-time franchisees. Comprehensive training and support are available when you choose to invest in this franchise.
If the Professional Services sector appeals to you, Bartercard UK is another option you could consider. By joining its current 75 franchisees, you would be joining a growing brand network. An affordable initial investment of £6,000 will enable you to open your own Bartercard UK business. In most cases, your personal investment should represent 30 to 50% of the total amount. Bartercard UK requires you to personally invest at least £2,000. You could potentially apply for a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial assistance can be provided in some circumstances.
Lastly, another option to consider is Driver Hire, a brand that has been in business since 1983. The brand's extensive experience, good reputation and wide exposure are valuable assets. This brand is growing, counting 100 outlets across the country. You will need to invest £40,000 to open your own Driver Hire business. At least £32,000 of this should come from your own personal investment. It is thus less appropriate for new investors. Training and assistance provided by Driver Hire will help you lead your business in the right direction. And, if eligible, you might be entitled to financial aid. See our website for more information.
Many businesses are already operating in the Professional Services sector. We currently have 41 franchise options available in the sector. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.