Home Based Franchise opportunities to start in Torquay
Investing in Torquay could be your next move
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our selection of brands in Torquay, located in the Torbay area in South West England, where many businesses are currently recruiting. Starting a business should be exciting! Have a look at our range of franchising opportunities, starting with the sectors that you feel most passionate about.
Recent figures show that Torbay has a population of 136,000 people. When broken down by age group, the majority of the population sits within the 60+ category. The community has 59,400 economically active people, representing 78.1% of the population, with an unemployment rate of 4.1%. This rate is in line with the country's 4% national average. Across the United Kingdom, the average gross income is £30,629. In the Torbay area, it is £23,343.
The Home Based business sector: An interesting opportunity for franchisees
Are you interested in the Home Based business sector? If so, there are 30 available franchises to choose from across the country.
Three franchise businesses worth reading about
The Home Based business sector offers a variety of brands to choose from, including Secure Locker Rentals. By joining its current six franchisees, you would become a part of a growing brand network. An affordable initial investment of £20,500 will enable you to open your own Secure Locker Rentals business. In most cases, your personal investment should represent 30 to 50% of the total amount. Secure Locker Rentals requires you to personally invest at least £10,000. You could potentially get a loan to cover the remaining costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
If the Home Based business sector appeals to you, Jam Coding is another option you could consider. The brand is growing, with one outlet currently in operation, and a desire to expand further. You will need to invest £19,950 to begin running your own Jam Coding business, which is an affordable initial investment. Your personal investment should account for at least £4,000 of the total amount. These low startup costs make this a good franchising option for first-time franchisees. Financial assistance can be provided in some circumstances.
Finally, take a look at Pestforce, another competitive Home Based franchise that launched in 2014. This brand is expanding quickly, counting 70 locations in the UK. If you can't cover the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
Many businesses are already operating in the Home Based business sector. We currently have 30 franchise options available in the sector. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.