Business Franchise opportunities to start in Great Yarmouth
Why should you invest in Great Yarmouth?
Many brands are currently looking for franchisees in Great Yarmouth, located in the East of England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Great Yarmouth area. We offer a range of realistic new business investment possibilities, so that you can find one you like.
There are 99,000 people living in the Great Yarmouth region. The majority of the population falls within the 60+ age category. The local unemployment rate of 3.8% among 44,700 economically active people, or 75.3% of the population, is in line with the average in the United Kingdom. Residents of Great Yarmouth have an annual average income of £23,743. In comparison, the average gross salary in the UK is £30,629.
Why open a business in the Professional Services sector?
If you wish to operate a Professional Services franchise, you are likely to find one that appeals to you among 41 available across the UK. The Professional Services sector is just one sector among many in the B2B Services sector. Its two Consulting franchises, five Graphic Design franchises, 27 B2B franchises, 10 Marketing franchises and three Media franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting franchising opportunity.
Three franchise businesses worth reading about
If you plan to invest in the Professional Services sector, Business Partnership could be a good option. By joining its current 19 franchisees, you would be joining a growing brand network. This business requires a reasonable initial investment of £34,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Business Partnership business is £20,000. These low startup costs make it a good option to pursue for first-time franchisees. Good to know: you won't need any premises as you can work from home. When investing in this franchise, you could be eligible for financial aid.
Chrysalis Partners is an interesting investment opportunity in the Professional Services sector. There are 10 locations open so far, and the network is expanding. A reasonable initial investment of £34,950 will enable you to open your own Chrysalis Partners business. In most cases, your personal investment should represent 30 to 50% of the total amount. Chrysalis Partners requires you to personally invest at least £20,000. You could potentially get a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial support is available for eligible franchisees.
Finally, another option to consider is Driver Hire, a brand that was first established in 1983. Driver Hire has gained many dedicated customers over the past 37 years. By joining its network of 100 franchisees, you could contribute to this brand's success. You will need an initial investment of £40,000 to open your own Driver Hire business. Your personal investment should account for at least £32,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid. See our website for details.
There are currently 41 new business investment opportunities available in the Professional Services sector. If you're curious about investment options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.