Estate Agent & Property Franchise opportunities to start in London
London could be home to your new business
Would you like to run your own business? London, located in the London Region, could be a good place to start. There are many businesses currently recruiting franchisees in the London area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
Recent figures show that 8,908,000 people live in London. The population's most prevalent age group is made up of 20-39 year olds. Unemployment affects 4% of the UK population. With a rate of 4.6%, unemployment in this area is slightly higher than the national average. The labour force amounts to 4,739,500 people, making up 78.1% of the population. Across the United Kingdom, the average gross income is just over £30,500. In the London area, it is £41,220.
Running a franchise in the Estate Agent & Property sector
If you would like to operate an Estate Agent & Property franchise, you are likely to find one that appeals to you among 14 available across the UK. The Estate Agent & Property sector is part of the Estate Agency & Property sector, which also offers one Mortgage franchise and seven Online Estate Agent franchises. The right business to suit your career goals and aspirations might just be among them.
Read about these three brands to see what franchise options exist
If you're interested in the Estate Agent & Property sector, check out Belvoir, a brand that opened in 1998. The company is now mature and a leader within the sector, having expanded its franchise network for 22 years. The brand's network is made up of 195 franchisees, which increase its visibility. A substantial initial investment of £150,000 will enable you to start your own Belvoir business. In most cases, your personal investment should represent 30 to 50% of the total amount. Belvoir requires you to personally invest at least £45,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Another interesting franchising opportunity is Platinum Property Partners, which opened in 2012. By joining its network of 370 franchisees, you would become a part of a well-established business community. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Finally, if the Estate Agent & Property sector appeals to you, Nicholas Humphreys Estate Agent is another option you could have a look at. In business since 1999, Nicholas Humphreys Estate Agent has proved itself to be a successful business and leader in the field in its 21 years since opening. There are 28 outlets open so far, and the network is expanding. You will need to invest £31,200 to start running your own Nicholas Humphreys Estate Agent business, which is an affordable initial investment. Your personal investment should account for at least £15,000 of the total amount. 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 support. See eligibility details on our website.
If working in the Estate Agent & Property sector appeals to you, take a look at our 14 available franchising opportunities in the sector. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 new business investment opportunities across various sectors on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.