Estate Agent & Property Franchise opportunities to start in Cambridge
Cambridge and its prospects for new Businesses
The Cambridge area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Cambridge. With your interests and business goals in mind, have a look at our selection of new business investment options.
Recent figures show that 126,000 people live in Cambridge. Residents aged 20 to 39 years old have the highest concentration in the population. In terms of employment, the region has a labour force of 69,400 people (81.8%), of which the unemployment rate is 1.4%. This figure is significantly lower than the average unemployment rate in the United Kingdom. Salaries in Cambridge average £33,225 a year, while in the United Kingdom the average income is just over £30,500.
The Estate Agent & Property sector: An interesting opportunity for franchisees
If the idea of running a business in the Estate Agent & Property sector appeals to you, check out the 14 brands currently recruiting franchisees in the field. Bear in mind that the Estate Agency & Property sector offers many investment opportunities in addition to those in the Estate Agent & Property sector. Have a look through our one Mortgage franchise and seven Online Estate Agent franchise to see if any suit your career goals and aspirations.
Check out three available franchise opportunities
The Estate Agent & Property sector offers a variety of brands to choose from, including Nicholas Humphreys Estate Agent. Launched in 1999, the company is now mature and a leader within the sector, having developed its franchise network for 21 years. This brand is expanding, counting 28 outlets across the United Kingdom. Starting a Nicholas Humphreys Estate Agent franchise will require you to invest a minimum of £31,200. At least £15,000 of this should come from your own personal investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. You may be eligible for financial aid.
Century 21 is another interesting option. With a significant network of 8,000 locations, the brand knows how to support its franchisees. You will need to invest £100,000 to open your own Century 21 business. At least £60,000 of this substantial amount should come from your own personal investment. It is thus less appropriate for new investors.
Finally, No Letting Go is another interesting brand operating in the Estate Agent & Property sector. Opening a No Letting Go business requires an initial investment of £17,950. These relatively low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See our website for more information.
The Estate Agent & Property sector currently has 14 franchising opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a range of sectors to help you find your perfect investment opportunity.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.