IT, High-Tech & Online Franchise opportunities to start in Cheltenham
Starting a franchise business in Cheltenham
The franchising opportunities in Cheltenham, 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 find out which brands you could work with in Cheltenham. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit many different interests and career goals.
The Cheltenham area has a population of 117,000 residents. The 20-39 age group is the most represented within the population. The local unemployment rate of 3.8% is comparable to the national average of 4%. The local labour force consists of 64,100 people, representing 87.6% of the population. The average gross income in the United Kingdom is £30,629. Residents of Cheltenham earn £36,162 a year on average.
Running an IT franchise business
There are 25 brands currently recruiting franchisees in the IT sector. If this sector appeals to you, check them out. This sector offers a variety of interesting options, including three Game franchises, three Video Game franchises, two Mobile Phone franchises, five Computer franchises and seven Online & Internet franchises. See if any catch your eye.
Want to know more? Read about these three brands
If you are interested in running a business in the IT sector, read about Spoton.net. The brand is expanding, with 30 outlets already in operation, and a desire to expand further. You will need to invest £14,000 to begin operating your own Spoton.net business, which is a reasonable initial investment. Your personal investment should account for at least £8,000 of the total amount. Given these low startup costs, this option could be suitable for first-time franchisees. You could also benefit from financial aid, if eligible.
Another possibility to consider is Families Magazine. The brand has been operating since 1992. The company is now mature and a leader within the sector, having grown its franchise network for 28 years. There are 35 locations open so far, and the network is expanding. To open your own Families Magazine business, you will need an initial investment of £12,500. These relatively low startup costs make it a good option to pursue for first-time franchisees.
Finally, have a look at Techclean, another interesting IT franchise. To start your business, you will need an initial investment of £19,500. 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 typically be required. For Techclean, the minimum personal investment is £6,000. These low startup costs make this a good franchising option for first-time franchisees. You may qualify for financial assistance. See our website for more information.
If you are interested in the IT sector and would like to know more about its available franchising opportunities, explore the 25 companies currently recruiting franchisees in the sector. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a browse 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.