Estate Agent & Property Franchise opportunities to start in Smethwick
Starting a franchise business in Smethwick
Smethwick, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Sandwell area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
According to recent census data, 327,000 people live in Sandwell. When broken down by age group, the 20-39 age range is the most prevalent in the population. The local unemployment rate of 5.3% is high compared to the UK average of 4%. The local labour force consists of 153,400 people, representing 74.7% of the population. The annual salary in the United Kingdom is £30,629 on average. The people of Sandwell earn an average annual salary of £23,823, lower than the national average.
Why the Estate Agent & Property sector appeals to franchisees
There are currently 14 opportunities to invest in the Estate Agent & Property sector. If you would like to run a business in this field, keep reading. The Estate Agent & Property sector is part of the Estate Agency & Property sector, which also offers seven Online Estate Agent franchises and one Mortgage franchise. The right business to suit your career goals and aspirations might just be among them.
Here are three examples of franchise businesses
If you like the idea of starting a business in the Estate Agent & Property sector, No Letting Go could be an option for you. The brand is developing, with 65 outlets already in operation, and a desire to expand further. Initially, you would need to invest £17,950 to get your own No Letting Go business up and running. These relatively low startup costs make it a good option to pursue for first-time franchisees. This investment entitles you to training, assistance and support from No Letting Go. You could also benefit from financial aid, if eligible.
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 developed a comprehensive support package, based on 21 years of experience in the business. By joining its 28 franchises already in operation, you could contribute to this company's expansion. In order to open a Nicholas Humphreys Estate Agent business, an affordable initial investment of £31,200 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Nicholas Humphreys Estate Agent asks for a personal investment of at least £9,360. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. The training and assistance provided by Nicholas Humphreys Estate Agent give you the tools to manage your own business successfully. Financial assistance can also be given in some circumstances. See eligibility details on our website.
Lastly, Century 21 is another attractive brand operating in the Estate Agent & Property sector. A total of £100,000, a substantial initial investment, is required to open a Century 21 franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £60,000 of the total investment should come from your personal funds. It is thus less appropriate for new investors. Comprehensive training and support are available when you choose to invest in this franchise.
Eager to read more about business opportunities in the Estate Agent & Property sector? Check out our 14 available options. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.