Quality of life
Cumbria scores high on the Quality of Life Index, with Carlisle scoring a 197.26 out of 240 on the scale.
Cumbria
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Develop a property maintenance business in Cumbria
While just under half a million residents, Cumbria is a county where a lot of the UK’s biggest businesses reside. This is great for property maintenance companies, as providing services to other businesses is one of the most lucrative opportunities.
For the number crunchers
Current population: around 500,000
Population growth: 2.1% growth rate since 2003
Average net income per year: approximately £26,500
Invest in a franchise business in Cumbria
Bring the Fantastic Services name to Carlisle, Workington, Millom, Barrow-in-Furness or even the whole county! As some of the west-coast towns are rapidly growing, currently this is the best opportunity to develop a business.
Cleaning business for sale in Cumbria
Turnover: POR Net profit: POR Investment: PORStart a cleaning franchise in Cumbria and bring a range of cleaning services such as office cleaning, regular and deep cleaning, carpet cleaning, window cleaning and other related services to homes and businesses alike.
Gardening & Landscaping business opportunity in Cumbria
Turnover: POR Net profit: POR Investment: PORWith the largest amounts of homes in Cumbria having a lawn, investing your time and money in gardening and landscaping businesses is a lucrative opportunity. With our know-how, you’ll be sure to dominate the market.
Tradesmen business in Cumbria for sale
Turnover: POR Net profit: POR Investment: PORInvest in plumbing, handyman, electrician, painting or even repairs and installations franchise in Cumbria! Fantastic Services can help you offer a wide range of services and help you grow a business in the niche.
Pest Control business opportunities in Cumbria county
Turnover: POR Net profit: POR Investment: PORGrow your pest control franchise in Cumbria or any of the local towns under a proven and trusted name. A Fantastic Services pest control franchise can help you quickly establish your business.
Removals franchise in Cumbria
Turnover: POR Net profit: POR Investment: PORWith Cumbria experiencing steady population growth, starting a removals business is a business-savvy decision. Help people and businesses relocate and grow your removals business.
Here’s why we think Cumbria is a lucrative place to start a business.
As one of the few counties in the United Kingdom with a population of around 500,000, Cumbria is a beautiful, thriving community and that’s what it makes it such a lucrative place to start a business. But let’s get even more detailed.
*Quality of Life Index (higher is better) is an estimation of overall quality of life by using an empirical formula.
Population growth
While Cumbria isn’t the fastest-growing county in the UK, it’s growing slowly and steadily. With a population growth rate of around 2.3% since 2003, Cumbria enjoys more of stable, positive growth, rather than a quick and unstable one. Which is a perfect opportunity for building a sustainable business.
Social grade and occupation
Social grade shows the population, based on occupation and it divides the members of a household, according to the job of the main income earner.
- AB - Higher and intermediate managerial, administrative, professional occupations
- C1 - Supervisory, clerical and junior managerial, administrative, professional occupations
- C2 - Skilled manual occupations
- DE - Semi- and unskilled manual occupations, unemployed and lowest grade occupations
Property ownership vs rental
The graph below displays the percentages of all home ownerships and rented accommodations. Cumbria enjoys a slightly higher homeownership rate, which is favourable for home maintenance business.
- Owned - What percentage of the properties in Cumbria are owned
- Mortgage - What percentage of the properties in Cumbria are mortgaged
- Rented - What percentage of the properties in Cumbria are rented
- Other - The percentage of properties in Cumbria that are social rented, rent-free, shared, etc.