IT, High-Tech & Online Franchise opportunities to start in Portsmouth

Portsmouth is waiting for you to start a franchise business

You could open your own business by becoming a franchisee in Portsmouth. Portsmouth, located in South East England, offers a variety of new business investment opportunities. On this page, you'll find a selection of brands looking for franchisees. We offer a number of realistic new business investment possibilities, so that you can find one you like.

There are 215,000 people living in the Portsmouth area. Residents aged 20 to 39 years old are the most represented in the population. Unemployment in the area (4.1%) is comparable to the United Kingdom as a whole (4%). The labour force represents 73.9% of the local population, or 106,700 people. Salaries in Portsmouth average £25,913 a year, while in the United Kingdom the average salary is close to £31,000.

Why IT businesses appeal to franchisees

The IT sector currently offers 25 franchise opportunities. If this sector appeals to you, take a look at our options. With five Computer franchises, seven Online & Internet franchises, three Game franchises, three Video Game franchises and two Mobile Phone franchises, this sector has great potential for exciting business plans. See if there's a brand to suit your goals and interests.

Three franchise business examples

The IT sector has many franchise options available, such as Computer Xplorers. You will need to invest £14,950 to open your own Computer Xplorers business. If you can't afford the startup costs on your own, you may be eligible for financial assistance.

Families Magazine is another successful business that has been operating in the IT sector since 1992. The company now has 28 years of experience, making it a leader in the field. This brand is developing, counting 35 locations across the country. Opening a Families Magazine business requires an initial investment of £12,500. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.

Finally, another option to consider is Spoton.net. By joining its network of 30 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £14,000. 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 typically be required. For Spoton.net, the minimum personal investment is £8,000. These low startup costs make it a good option to pursue for first-time franchisees. Eligible candidates may apply for financial aid. See our website for details.

If working in the IT sector appeals to you, have a look at our 25 available investment options in the sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a range of sectors to help you find your perfect business opportunity.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.