Estate Agent & Property Franchise opportunities to start in Billericay
What to consider when opening a business in Billericay
Located in the East of England, Billericay is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising options in Basildon and take the first step towards managing your own business. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
The population of Basildon is 186,000. The majority of the population falls within the 40-59 age category. The local unemployment rate of 3.5% is below par compared to the national average of 4%. The local labour force consists of 91,700 people, representing 81.0% of the population. For the Basildon area, the average income is £32,823, which is slightly higher than the UK average salary of £30,629.
The Estate Agent & Property sector and its franchising opportunities
There are 14 franchises in the Estate Agent & Property sector to choose from. The Estate Agent & Property sector is just one example of the options available in the Estate Agency & Property sector. Other opportunities include one Mortgage franchise and seven Online Estate Agent franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away.
Three franchise business examples
Initially established in 1999, Nicholas Humphreys Estate Agent operates in the Estate Agent & Property sector. Nicholas Humphreys Estate Agent has gained valuable experience in the sector in its 21 years since first opening. This brand is developing, counting 28 locations in the United Kingdom. A total of £31,200, an affordable initial investment, is required to start a Nicholas Humphreys Estate Agent franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £15,000 of the total investment should come from your personal funds. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may qualify for financial support.
Belvoir is another interesting franchise option if you plan to invest in the Estate Agent & Property sector. Launched in 1998, the brand has acquired valuable experience and expertise over the past 22 years. By joining its network of 195 franchisees, you would become a part of a well-established business community. To start your business, you will need an initial investment of £150,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Belvoir, the minimum personal investment is £45,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Century 21 is a third interesting franchising opportunity in the Estate Agent & Property sector. With a wide network of 8,000 outlets, the brand knows how to support its franchisees. You will need to invest £100,000 to start operating your own Century 21 business, which is a substantial initial investment. Your personal investment should account for at least £60,000 of the total amount. It is thus less appropriate for new investors. When investing in this franchise, you could be eligible for financial assistance. Visit our website for details.
The Estate Agent & Property sector currently offers 14 investment options. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.