Estate Agent & Property Franchise opportunities to start in Wolverhampton
What to consider when starting a business in Wolverhampton
If you're thinking about running your own business in Wolverhampton, located in the West Midlands, you should explore franchising options. Several brands are currently recruiting in the Wolverhampton area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business goals.
According to recent census data, 262,000 people live in Wolverhampton. The majority of the population sits within the 20-39 age category. The 7% unemployment rate among 118,500 economically active people in the area is slightly higher than the national average. Residents in the area earn £24,784 per year on average. This income is slightly lower than the national average gross salary, which reaches just over £30,500.
Why Estate Agent & Property businesses appeal to franchisees
Are you interested in the Estate Agent & Property sector? You're likely to find a franchise worth considering among 14 brands across the United Kingdom. Other brands recruiting in this industry include seven Online Estate Agent franchises and one Mortgage franchise. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations.
Eager to know more? Here are three franchise business examples
Belvoir could be a great option for you if you're planning to invest in the Estate Agent & Property sector. Open since 1998, Belvoir now has over 22 years of experience under its belt. The brand operates in 195 franchise locations which make up a strong business network. You will need to invest £150,000 to open your own Belvoir business. At least £45,000 of this significant amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Take a look at Platinum Property Partners, another attractive Estate Agent & Property franchise that launched in 2012. By joining its network of 370 franchisees, you would become a part of a well-established business community. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Finally, you could also consider Nicholas Humphreys Estate Agent, which has been running since 1999. The brand has acquired valuable experience and expertise over the past 21 years. By joining its 28 franchises already in operation, you could contribute to this company's expansion. This business requires a reasonable initial investment of £31,200. 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 start a Nicholas Humphreys Estate Agent business is £15,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Also, if you can't cover the startup costs alone, you may be entitled to financial aid. Visit our website for details.
There are currently 14 available franchise options in the Estate Agent & Property sector. Have a look at these businesses to find out if there's a good fit for you. Point Franchise currently has a total of 236 brands recruiting franchisees across a range of sectors. Have a browse to see which other sectors you might want to invest in.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.
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