Home Based Franchise opportunities to start in Royal Leamington Spa
Royal Leamington Spa could be home to your new business
Royal Leamington Spa, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Warwick area. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
Recent figures show that Warwick has a population of 142,000 residents. Residents aged 20 to 39 years old have the highest concentration in the population. The labour force makes up 80.2% of the population, or approximately 71,800 people. The community has an unemployment rate of 1.8% which is significantly lower than the UK average of 4%. Warwick has an average annual income of £36,121. This salary is significantly higher than the rest of the UK, which has an average salary of just over £30,500.
Running a franchise in the Home Based business sector
Across the UK, there are 30 franchises in the Home Based business sector.
Want to know more? Read about these three brands
If you're planning to invest in the Home Based business sector, check out Moving Home Made Easy. Starting a Moving Home Made Easy business requires an initial investment of £70,000. At least £35,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Another option worth considering is Luv4 Marketing. By joining its 16 franchises already in operation, you could contribute to this brand's expansion. Opening a Luv4 Marketing business requires an initial investment of £10,000. Given these low startup costs, this option could be suitable for first-time franchisees.
Finally, Right at Home is another interesting option. By joining its network of 49 franchisees, you could play a part in this brand's success. Opening a Right at Home business requires a significant initial investment of £120,000. If you intend to get a loan to cover the startup costs, Right at Home asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this franchise, you may be eligible for financial assistance. Visit our website for more information.
Opening a franchise in the Home Based business sector has great potential. If you're interested, explore our 30 available opportunities. At Point Franchise, we are proud to offer almost 250 franchise options across different sectors, helping you find the perfect investment opportunities for you.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.