Personal & Home Care Services Franchise opportunities to start in Plymouth
What to consider when opening a franchise in Plymouth
If you want to start a business in Plymouth, working for yourself but not on your own, then check out our franchising options in South West England. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Plymouth area and across the UK. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and business objectives.
Plymouth has an estimated population of 263,000 people. The most prevalent age range in the population is 20 to 39 years old. The local unemployment rate of 4.6% is high compared to the UK average of 4%. The local labour force consists of 129,300 people, representing 77.6% of the population. Across the United Kingdom, the annual gross salary is close to £31,000 on average. In the region of Plymouth, it is £24,371.
Does the Personal & Home Care Services sector appeal to you?
There are 185 brands offering franchise opportunities in the Personal & Home Care Services sector. You will find a lot of interesting new business investment options, including three Photography franchises, 19 Care franchises, three Funeral franchises, 17 Education franchises and 18 Child Care franchises. Take a look at the available brands to see if your perfect match is among them.
Want to know more? Read about these three brands
If working in the Personal & Home Care Services sector appeals to you, have a look at Radfield Home Care. This brand is growing, counting 13 outlets across the country. You will need to invest £90,000 to start operating your own Radfield Home Care business, which is a substantial initial investment. Your personal investment should account for at least £27,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Another brand worth considering is Swimtime. The brand is developing, with 28 locations currently in operation, and a desire to expand further. This business requires a reasonable initial investment of £10,000. If you intend to get 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 open a Swimtime business is £8,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial assistance can be provided in some circumstances.
Lastly, another option worth considering is Choice Home Tutoring. There are four locations open so far, and the network is expanding. In order to open a Choice Home Tutoring business, an affordable initial investment of £17,500 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. Choice Home Tutoring requires a personal investment of at least £6,000. Given these low startup costs, this option could be suitable for first-time franchisees. Financial support is available for eligible franchisees. Visit our website for details.
If working in the Personal & Home Care Services sector appeals to you, check out our 185 available franchising opportunities in the sector. Plus, with almost 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.