Estate Agent & Property Franchise opportunities to start in Derby
Derby: A great location to start a business
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Derby, situated in the East Midlands, could be a good place to start as there are many brands currently recruiting franchisees in the Derby area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
The Derby area has a population of 257,000 residents. The population's most prevalent age group is made up of 20-39 year olds. The community has a 4.2% unemployment rate, which is in line with the UK average of 4%. There are 124,600 economically active people in the area, representing 77.4% of the total population. For the Derby area, the average salary is £29,895, which is in line with the national average income of just over £30,500.
What the Estate Agent & Property sector could offer you
Are you interested in the Estate Agent & Property sector? You're likely to come across a franchise worth considering among 14 brands across the country. 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 opportunities include one Mortgage franchise and seven Online Estate Agent franchises. See if there's one to suit your business goals.
Check out three available franchise options
Nicholas Humphreys Estate Agent is a competitive business operating in the Estate Agent & Property sector. Initially established in 1999, the company now has 21 years of experience, making it a leader in the sector. 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. These relatively low startup costs make it a good option to pursue for first-time franchisees. If eligible, you might be able to benefit from financial aid.
Another possibility to consider is Platinum Property Partners. The brand has been operating since 2012. The brand's network is vast, counting 370 outlets across the United Kingdom. An investment in this franchise entitles you to financial assistance, if eligible. Visit our website for more information.
Finally, another brand worth considering is Belvoir. First launched in 1998, Belvoir has acquired valuable experience in the field in its 22 years since first opening. The brand has a strong network and good visibility, running in 195 franchise locations. To start your business, you will need an initial investment of £150,000. If you plan on getting 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 Belvoir, the minimum personal investment is £45,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
If you would like to check out more franchising options in the Estate Agent & Property sector, we currently have 14 available opportunities. Plus, with close to 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.