Estate Agent & Property Franchise opportunities to start in Portsmouth
Portsmouth is an attractive town to invest in
The Portsmouth area offers many interesting business opportunities. If you are interested in opening your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Portsmouth. With your interests and career objectives in mind, have a look at our selection of franchising options.
There are an estimated 215,000 people in the Portsmouth area. Residents aged 20 to 39 years old make up the prevalent age range within the population. Portsmouth has an unemployment rate of 4.1% within its labour force of 106,700 people. This rate is comparable to the national average. The region's average gross annual income of £25,913 is slightly lower than the average income of just over £30,500 across the UK.
Why choose to open a business in the Estate Agent & Property sector?
There are 14 brands offering franchise opportunities in the Estate Agent & Property sector. In fact, the Estate Agency & Property sector as a whole offers a wide variety of franchises to invest in, including seven Online Estate Agent franchises and one Mortgage franchise. Check out our available brands to find a potential match.
Read about these three brands to see what franchise opportunities exist
The Estate Agent & Property sector offers a range of brands to choose from, including Century 21. Franchisees benefit from this company's wide network, which operates across 8,000 franchise locations. Starting a Century 21 business requires a substantial initial investment of £100,000. If you plan on getting a loan to cover the startup costs, Century 21 asks for a personal investment of at least £60,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't cover the startup costs alone, you may be entitled to financial aid.
Another option to consider is Nicholas Humphreys Estate Agent, a brand that was first established in 1999. Nicholas Humphreys Estate Agent has acquired valuable experience in the field in its 21 years since first opening. By joining its 28 franchises already in operation, you could contribute to this brand's expansion. In order to start a Nicholas Humphreys Estate Agent business, a reasonable initial investment of £31,200 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Nicholas Humphreys Estate Agent asks for a personal investment of at least £15,000. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, No Letting Go is another attractive brand operating in the Estate Agent & Property sector. To start your own No Letting Go business, you will need an initial investment of £17,950. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If eligible, you might be able to benefit from financial aid. Visit our website for details.
If you are interested in the Estate Agent & Property sector and want to discover more franchising opportunities, have a look at the 14 brands available in this sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect business opportunity.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.