Estate Agent & Property Franchise opportunities to start in Chadderton
Why should you invest in Chadderton?
Chadderton, located in North West England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Oldham area. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business objectives.
According to recent census data, 236,000 people live in Oldham. The most prevalent age group in the population is 0 to 19 years old. Approximately 105,000 people are economically active in the region, representing 73.2% of the population. The unemployment rate (3.6%) is below par compared to the national average (4%). For the Oldham area, the average income is £23,879, which is lower than the UK average salary of just over £30,500.
The Estate Agent & Property sector and its investment opportunities
There are 14 UK-based franchises available in the Estate Agent & Property sector. The Estate Agent & Property sector is just one sector among many in the Estate Agency & Property sector. Its one Mortgage franchise and seven Online Estate Agent franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting business venture.
Three franchise business examples worth looking at
If you plan to invest in the Estate Agent & Property sector, Belvoir could be a good option. First established in 1998, the brand has acquired valuable experience and expertise over the past 22 years. The brand operates in 195 franchise locations which make up a well-established business network. Starting a Belvoir franchise will require you to invest a minimum of £150,000. At least £45,000 of this should come from your own personal investment. It is thus less appropriate for new investors.
Century 21 is an interesting franchise option in the Estate Agent & Property sector. Franchisees benefit from this company's wide network, which operates across 8,000 franchise locations. You will need to invest £100,000 to start running your own Century 21 business, which is a substantial initial investment. Your personal investment should account for at least £60,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this established brand, you could be eligible for financial assistance.
Finally, Nicholas Humphreys Estate Agent is another competitive brand operating in the Estate Agent & Property sector. The first franchise opened in 1999. The company is now mature and a leader within the sector, having expanded its franchise community for 21 years. To start your own Nicholas Humphreys Estate Agent franchise, you will need to invest £31,200, of which at least £15,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these low startup costs, this option could be suitable for first-time franchisees. Financial support is available for eligible franchisees. See eligibility details on our website.
The Estate Agent & Property sector offers 14 franchising options. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of close to 250 franchising possibilities.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.