Estate Agent & Property Franchise opportunities to start in Morecambe
Starting a new business in Morecambe
Are you considering opening a franchise? Morecambe, in the North West 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 running your own business. Have a look at the brands currently recruiting in Lancaster. Why not have a browse through our selection of franchising options? There are opportunities to suit various needs and business goals.
Lancaster has a population of approximately 144,000 people. Residents in the 20-39 age category make up the largest portion of the population. The local unemployment rate of 4.7% is high compared to the national average of 4%. The local labour force consists of 62,900 people, representing 69.5% of the population. Across the United Kingdom, the annual gross salary is just over £30,500 on average. In the region of Lancaster, it is £27,639.
Why the Estate Agent & Property sector might be a good option for you
If you want to manage your own business in the Estate Agent & Property sector, the good news is that there are 14 franchises currently recruiting new franchisees across the country. Bear in mind that the Estate Agency & Property sector offers many investment opportunities in addition to those in the Estate Agent & Property sector. Have a look through our one Mortgage franchise and seven Online Estate Agent franchise to find out if any suit your career goals and aspirations.
Three brands worth your attention
If you'd like to open your own Estate Agent & Property business, Belvoir could be a great option for you. In operation since 1998, the company is now mature and a leader within the sector, having grown its franchise network for 22 years. The brand operates in 195 franchise locations which make up a well-established business community. You will need to invest £150,000 to start operating your own Belvoir business, which is a substantial initial investment. Your personal investment should account for at least £45,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Nicholas Humphreys Estate Agent is another successful brand that has been operating in the Estate Agent & Property sector since 1999. Nicholas Humphreys Estate Agent has acquired valuable experience in the field in its 21 years since first opening. The brand is developing, with 28 locations currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £31,200. If you intend to get 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 Nicholas Humphreys Estate Agent, the minimum personal investment is £15,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. When investing in this franchise, you could qualify for financial aid.
Lastly, check out Platinum Property Partners, another attractive Estate Agent & Property franchise that launched in 2012. The brand's network is important, counting 370 outlets across the UK.
If you would like to know more about franchise opportunities in the Estate Agent & Property sector, have a browse through our 14 available options. With 236 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.