Business Franchise opportunities to start in Paignton
Paignton is waiting for you to begin a franchise business
Discover the business opportunities waiting for you in Paignton, situated in South West England. On this page you'll find a range of brands that could make you a franchisee in the Torbay area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
The population of Torbay is made up of 136,000 people. The majority of the population falls within the 60+ age group. The local unemployment rate of 4.1% is comparable to the national average of 4%. The local labour force consists of 59,400 people, representing 78.1% of the population. Torbay has an average annual income of £23,343, which is lower than the national average salary of £30,629.
The Professional Services sector and its franchising options
There are 41 brands currently recruiting franchisees in the Professional Services sector. If this sector appeals to you, check them out. Bear in mind that the B2B Services sector offers many investment opportunities in addition to those in the Professional Services sector. Have a look through our two Business Coaching franchise, five Graphic Design franchises, two Consulting franchises, six Courier & Delivery franchises and 10 Marketing franchises to see if any suit your career goals and aspirations.
Eager to know more? Here are three franchise business examples
CPA Online is a competitive franchise operating in the Professional Services sector. By joining its network of 10 franchisees, you could contribute to this brand's success. To start your business, you will need an initial investment of £14,750. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For CPA Online, the minimum personal investment is £7,375. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. CPA Online also provides training and assistance to help you run your business efficiently.
Another option to consider is Driver Hire, a brand that was first established in 1983. Driver Hire has been operating for 37 years and has gained many loyal customers as a result. By joining its 100 franchises already in operation, you could contribute to this company's expansion. This business opportunity requires an initial investment of £40,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Driver Hire requires a minimum personal investment of £32,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Driver Hire could be a good option for you, as the company provides comprehensive training and support. Also, if you can't cover the startup costs alone, you may be entitled to financial aid.
The Professional Services sector has many brands worth considering. As a final example, check out Bartercard UK. The brand is developing, with 75 locations already in operation, and a desire to expand further. You will need an initial investment of £6,000 to start your own Bartercard UK business. Your personal investment should account for at least £2,000 of the total amount. You may want to consider getting a loan to open a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could be eligible for financial aid. Visit our website for details.
Eager to read more about business opportunities in the Professional Services sector? Explore our 41 available options. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.