Business Franchise opportunities to start in Torquay
Investing in a franchise in Torquay
The franchising possibilities in Torquay, located in the South West, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in Torbay. With your interests and career objectives in mind, have a look at our range of new business investment options.
Torbay has a population of approximately 136,000 people. The most prevalent age group in the population falls in the 60+ age bracket. The region has 59,400 economically active people, representing 78.1% of the population, with an unemployment rate of 4.1%. This rate is in line with the country's 4% national average. For the Torbay area, the average income is £23,343, which is lower than the UK average salary of close to £31,000.
Why open a franchise in the Professional Services sector?
Are you interested in running your own business in the Professional Services sector? Have a look at our 41 franchise opportunities available in this field. In fact, we have a wide selection of options in the B2B Services sector including the franchises in the Professional Services sector. You can choose from six Sign franchises, six Courier & Delivery franchises, 41 Business franchises, 38 Management franchises and seven Training franchises today.
Take a look at three franchise business examples
If you're interested in the Professional Services sector, have a look at Driver Hire. This brand is growing, counting 100 locations in the United Kingdom. It has been running since 1983. Driver Hire is a recognized leader in the sector, with 37 years of experience under its belt 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 generally need to cover 30 to 50% of the total investment. Driver Hire asks for a minimum personal investment of £32,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. By investing in this established brand, you could qualify for financial assistance.
Another option to consider is Bartercard UK. The brand is developing, with 75 outlets already in operation, and a desire to expand further. Starting a Bartercard UK franchise will require you to invest a minimum of £6,000. At least £2,000 of this should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. When investing in this franchise, you could be eligible for financial aid.
As a final example, take a look at CPA Online. By joining its current 10 franchisees, you would become a part of a growing brand network. To start your business, you will need an initial investment of £14,750. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For CPA Online, the minimum personal investment is £7,375. These relatively low startup costs make it a good option to pursue for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.
If you would like to know more about franchise opportunities in the Professional Services sector, have a browse through our 41 available options. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.