Estate Agent & Property Franchise opportunities to start in Luton
Luton could be home to your new business
Discover the business options waiting for you in Luton, situated in the East of England. On this page you'll find a selection of brands that could make you a franchisee in the Luton area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. Why not have a browse through our range of new business investment options? There are opportunities to suit many needs and business objectives.
The population of Luton is made up of 214,000 people. The 20-39 age group is the most represented within the population. Unemployment affects 4% of the UK population. With a rate of 5%, unemployment in this area is slightly higher than the national average. The labour force amounts to 103,100 people, making up 74.1% of the population. The United Kingdom's annual average salary is close to £31,000. Salaries in Luton are slightly lower in comparison, averaging £28,196 a year.
Could the Estate Agent & Property sector be the right choice for you?
There are 14 franchises in the Estate Agent & Property sector to choose from. The Estate Agent & Property sector offers a wide selection of interesting options. These include one Mortgage franchise and seven Online Estate Agent franchises. See if any catch your eye.
Three franchises that could interest you
The Estate Agent & Property sector has many franchise opportunities available, such as Belvoir, which opened in 1998. The brand has acquired valuable experience and expertise over the past 22 years. The brand's network is vast, counting 195 locations in the UK. You will need to invest £150,000 to begin operating your own Belvoir business, which is a significant initial investment. Your personal investment should account for at least £45,000 of the total amount. Due to the higher startup costs, this option is not recommended for first-time franchisees.
You could also have a look at Platinum Property Partners, which has been operating since 2012. The brand's network is made up of 370 franchisees, which increase its visibility. Financial assistance is available for eligible franchisees.
Lastly, another brand worth considering is Century 21. A network of 8,000 franchisees promotes the brand's exposure. Opening a Century 21 business requires a significant initial investment of £100,000. If you intend to get 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. It is thus less appropriate for new investors. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for details.
If you would like to take a look at more franchising options in the Estate Agent & Property sector, we currently have 14 available opportunities. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.