Home Based Franchise opportunities to start in Rochdale
What to consider when starting a franchise in Rochdale
Rochdale, located in the North West of England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Rochdale area. We offer a number of realistic new business investment opportunities, so that you can find one you like.
There are approximately 220,000 people currently living in Rochdale. When broken down by age group, the majority of the population sits within the 20-39 category. The local unemployment rate of 6.3% among 99,600 economically active people, or 75.0% of the population, is slightly higher than the average in the United Kingdom. Residents of Rochdale have an annual average income of £25,682. In comparison, the average gross salary in the UK is just over £30,500.
What the Home Based business sector could offer you
Are you interested in the Home Based business sector? You're likely to find a franchise worth considering among 30 brands across the country.
Three franchises that could interest you
The Home Based business sector offers a range of brands to choose from, including Moving Home Made Easy. You will need to invest £70,000 to open your own Moving Home Made Easy business. At least £35,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance.
Have a look at Right at Home, another interesting Home Based franchise. The brand is growing, with 49 outlets currently in operation, and a desire to expand further. A substantial initial investment of £120,000 will enable you to start your own Right at Home business. In most cases, your personal investment should represent 30 to 50% of the total amount. Right at Home requires you to personally invest at least £40,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial support is available for eligible franchisees.
As a final example, take a look at Agency Express. Initially established in 1998, Agency Express has acquired valuable experience in the sector in its 22 years since first opening. The brand has a well-established network and good visibility, operating in 117 franchise locations. Opening an Agency Express business requires an affordable initial investment of £24,500. If you plan on getting a loan to cover the startup costs, Agency Express asks for a personal investment of at least £12,500. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for more information.
If working in the Home Based business sector appeals to you, check out our 30 available franchising opportunities in the sector. On Point Franchise, there is plenty of choice in other sectors too. We have almost 250 new business investment opportunities in total to choose from.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.