Travel & Leisure Franchise opportunities to start in Basingstoke

Investing in a franchise in Basingstoke

If you want to open your own business, you may find that Basingstoke has a lot to offer. Several brands are currently looking for franchisees in the Basingstoke and Deane area. Read on to find out if running a franchise could be a good option for you! Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.

Basingstoke and Deane has a population of approximately 176,000 people. The 40-59 age group makes up the majority of the population. Unemployment in the area (2.5%) is very low compared to the UK as a whole (4%). The labour force represents 85.1% of the local population, or 94,900 people. The average annual income across the UK is just over £30,500. With a gross salary averaging £34,367, residents of Basingstoke and Deane have a higher salary than the national average.

Why Travel & Leisure businesses appeal to franchisees

Across the United Kingdom, there are 19 franchises operating in the Travel & Leisure industry. You will find a lot of interesting franchising options, including two Dance Studio franchises, five Art franchises and seven Recreation franchises. Check out the available brands to see if your perfect match is among them.

Three franchise business examples

If you're interested in the Travel & Leisure industry, have a look at Jo Jingles, a brand that launched in 1995. The brand has gained valuable experience and expertise over the past 25 years. By joining its current 90 franchisees, you would become a part of a growing brand network.

Red Herring Games is another interesting option. The brand is expanding, with one location currently in operation, and a desire to expand further. Initially, you would need to invest £8,495 to get your own Red Herring Games business up and running. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid.

As a final example, take a look at DIGI-SPORTS ® NETWORK. There are 54 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £16,200. If you plan on getting 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 DIGI-SPORTS ® NETWORK, the minimum personal investment is £9,000. These low startup costs make this a good franchising option for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support. Visit our website for more information.

The Travel & Leisure industry currently has 19 new business investment opportunities. On Point Franchise, there is plenty of choice in other sectors as well. We have almost 250 franchising opportunities in total to choose from.

This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.