IT, High-Tech & Online Franchise opportunities to start in Lancaster
Is Lancaster a good place to be a franchisee?
Have you ever considered opening a franchise in Lancaster? This could be your opportunity to run your own business while receiving comprehensive training and marketing support, since many brands in the Lancaster area are currently recruiting franchisees. Have a look at our different franchising options to discover the sectors and brands that most appeal to you.
The Lancaster area has a population of 144,000 people. When broken down by age range, 20-39 year olds represent the largest portion of the population. The labour force constitutes 69.5% of the population, or approximately 62,900 people. The region has an unemployment rate of 4.7% which is slightly higher than the national average of 4%. In the UK, the average gross salary is just over £30,500; in the Lancaster area, it is £27,639.
Why IT businesses appeal to franchisees
In the UK, there are 25 franchises recruiting in the IT sector. There are seven Online & Internet franchises, two Mobile Phone franchises, five Computer franchises, three Game franchises and three Video Game franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations.
Here are three examples of franchise businesses
There are many interesting franchising possibilities in the IT sector. Take Families Magazine for example, a business that was first established in 1992. The company is now mature and a leader within the sector, having grown its franchise network for 28 years. This brand is expanding, counting 35 locations in the United Kingdom. You will need an initial investment of £12,500 to open your own Families Magazine business. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this established brand, you could be eligible for financial aid.
Take a look at Spoton.net. The brand is developing, with 30 outlets currently in operation, and a desire to expand further. Starting a Spoton.net franchise will require you to invest a minimum of £14,000. At least £8,000 of this should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. If eligible, you might be able to benefit from financial assistance.
Lastly, you could also consider Techclean. In order to open a Techclean business, a reasonable initial investment of £19,500 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Techclean asks for a personal investment of at least £6,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid. Visit our website for details.
Eager to read more about business opportunities in the IT sector? Explore our 25 available options. If you're interested in exploring investment options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.