Home Based Franchise opportunities to start in London
London is waiting for you to start a franchise business
Have you ever considered opening a franchise in London? This could be your opportunity to run your own business while receiving comprehensive training and marketing support, since many brands in the London area are currently recruiting franchisees. We offer a number of franchises to suit different budgets and career goals. Take a look at our selection of businesses and sectors to see what might suit you.
The London region has 8,908,000 residents. The majority of the population sits within the 20-39 age category. The 4.6% unemployment rate among 4,739,500 economically active people in the region is slightly higher than the national average. Residents of London have an annual average salary of £41,220. In comparison, the average gross income in the United Kingdom is £30,629.
Running a franchise in the Home Based business sector
There are 30 brands offering franchise opportunities in the Home Based business sector.
Check out three available franchise options
There are many interesting franchising possibilities in the Home Based business sector. Take Veeno for example. The brand is expanding, with eight outlets already in operation, and a desire to expand further. You will need to invest £80,000 to open your own Veeno franchise. At least £35,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a large premises to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
The Alternative Board is another competitive brand operating in the Home Based business sector. In order to start an Alternative Board business, an affordable initial investment of £64,500 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. The Alternative Board requires a personal investment of at least £20,000. These low startup costs make it a good option to pursue for first-time franchisees.
Finally, another interesting franchise option is Local Eats. By joining its network of 27 franchisees, you could contribute to this brand's success. Opening a Local Eats business requires an initial investment of £5,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Eligible candidates may apply for financial aid. See our website for details.
The Home Based business sector offers 30 franchising options. At Point Franchise, we are proud to offer almost 250 franchise options across many sectors, helping you find the perfect investment opportunities for you.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.