IT, High-Tech & Online Franchise opportunities to start in Cambridge
Cambridge is waiting for you to begin a franchise business
Are you considering opening a franchise? Cambridge, in the East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in Cambridge. We offer a number of franchises to suit various budgets and career goals. Have a look at our selection of businesses and sectors to see what might suit you.
Recent figures show that Cambridge has a population of 126,000 people. The most prevalent age group in the population falls in the 20-39 age bracket. Cambridge has an unemployment rate of 1.4% within its labour force of 69,400 people. This rate is very low compared to the national average. Residents of Cambridge have an annual average income of £33,225. In comparison, the average gross salary in the UK is close to £31,000.
Why IT businesses appeal to franchisees
Across the United Kingdom, there are 25 franchises in the IT sector. There are two Mobile Phone franchises, five Computer franchises, seven Online & Internet franchises, three Game franchises and three Video Game franchises offering the opportunity to invest. Explore our available brands to find a potential match.
Read about these three brands to see what franchise options exist
Spoton.net is an interesting franchise operating in the IT sector. The brand is developing, with 30 locations already in operation, and a desire to expand further. This business requires a reasonable initial investment of £14,000. If you plan on getting 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 open a Spoton.net business is £8,000. Given these low startup costs, this option could be suitable for first-time franchisees.
Another option worth considering is GoCruise. By joining its 100 franchises already in operation, you could contribute to this brand's expansion.
As a final example, take a look at Activ Net Marketing. By joining its network of 28 franchisees, you could play a part in this brand's success. You could also receive financial assistance, if eligible. Visit our website for details.
The IT sector currently offers 25 franchising opportunities. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of almost 250 franchising opportunities to help you find the perfect fit.
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