Estate Agent & Property Franchise opportunities to start in Oldham
What can Oldham offer to new businesses?
Oldham, located in the North West of England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Oldham area. Explore our different franchising options to find the sectors and brands that most appeal to you.
Recent figures show that 236,000 people live in Oldham. Residents aged 0 to 19 years old have the highest concentration in the population. The area has 105,000 economically active people, representing 73.2% of the population, with an unemployment rate of 3.6%. This rate is lower than the country's 4% national average. The average annual income across the UK is close to £31,000. With a gross salary averaging £23,879, residents of Oldham have a lower salary than the national average.
The Estate Agent & Property sector could be the right choice for you
Are you interested in the Estate Agent & Property sector? If so, there are 14 available franchises to choose from in the United Kingdom. Many brands offer franchise opportunities in other sectors within the Estate Agency & Property sector. For instance, there are one Mortgage franchise and seven Online Estate Agent franchises. You'll find options to suit all kinds of career objectives and aspirations.
Three franchise business examples
Belvoir is a competitive franchise that has been operating in the Estate Agent & Property sector since 1998. The brand has acquired valuable experience and expertise over the past 22 years. The brand's network is significant, counting 195 outlets across the country. This business opportunity requires a significant initial investment of £150,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Belvoir asks for a minimum personal investment of £45,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Century 21 is another interesting brand operating in the Estate Agent & Property sector. Opening a Century 21 business requires a substantial initial investment of £100,000. If you plan on getting 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you could qualify for financial aid.
Lastly, another option to consider is Nicholas Humphreys Estate Agent, a brand that was first established in 1999. Nicholas Humphreys Estate Agent has gained valuable experience in the field in its 21 years since first opening. By joining its 28 franchises already in operation, you could contribute to this company's expansion. To start your business, you will need an initial investment of £31,200. 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 generally be required. For Nicholas Humphreys Estate Agent, the minimum personal investment is £15,000. 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. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance. See our website for more information.
If you would like to find out more about franchise opportunities in the Estate Agent & Property sector, have a look through our 14 available options. Point Franchise has close to 250 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.