Estate Agent & Property Franchise opportunities to start in Taunton
What to consider when opening a business in Taunton
If you want to start a business in Taunton, working for yourself but not on your own, then check out our franchising opportunities in the North West of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Tameside area and across the UK. We offer a number of realistic new business investment options, so that you can find one you like.
According to recent census data, 225,000 people live in Tameside. The 40-59 age group makes up the majority of the population. Tameside has an unemployment rate of 4.1% within its labour force of 109,600 people. This rate is comparable to the national average. Residents in the area earn £24,496 per year on average. This income is lower than the country's average gross salary, which reaches just over £30,500.
Does the Estate Agent & Property sector appeal to you?
If the idea of running a business in the Estate Agent & Property sector appeals to you, take a look at the 14 brands currently recruiting franchisees in the field. Bear in mind that the potential for exciting business plans in the Estate Agency & Property sector is not limited to the Estate Agent & Property sector. Other available investment options include seven Online Estate Agent franchises and one Mortgage franchise. See if there's one to suit your business goals.
Three franchise business examples
The Estate Agent & Property sector offers a variety of brands to choose from, including Belvoir. Launched in 1998, the company is now mature and a leader within the sector, having expanded its franchise community for 22 years. The brand's network is made up of 195 franchisees, which promote its exposure. You will need to invest £150,000 to start your own Belvoir business. At least £45,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Another possibility to consider is Century 21. It is now firmly rooted in the market, counting 8,000 franchise locations. This business requires a substantial initial investment of £100,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Century 21 business is £60,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. By investing in this franchise, you may qualify for financial support.
Lastly, Nicholas Humphreys Estate Agent is another competitive brand operating in the Estate Agent & Property sector. The first franchise launched in 1999. The company now has 21 years of experience, making it a leader in the sector. A reasonable initial investment of £31,200 will enable you to start your own Nicholas Humphreys Estate Agent business. In most cases, your personal investment should represent 30 to 50% of the total amount. Nicholas Humphreys Estate Agent requires you to personally invest at least £15,000. You could potentially apply for a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You could also benefit from financial assistance, if eligible. See our website for details.
Eager to read more about business opportunities in the Estate Agent & Property sector? Check out our 14 available options. Point Franchise has close to 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.