Home Care Franchise opportunities to start in Newcastle upon Tyne
What can Newcastle upon Tyne offer to new businesses?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Newcastle upon Tyne, located in the Newcastle upon Tyne area in North East England, where many businesses are currently recruiting. Check out our various franchising opportunities to discover the sectors and brands that most appeal to you.
There are approximately 300,000 people currently living in Newcastle upon Tyne. When broken down by age range, 20-39 year olds represent the largest portion of the population. The local unemployment rate of 5.2% among 141,500 economically active people, or 70.9% of the population, is slightly higher than the average in the UK.
Home Care services: An interesting opportunity for franchisees
Across the UK, there are nine franchises in Home Care services. Could a starting business in Home Care services, or in the Personal & Home Care Services sector more widely, help you reach your career goals and aspirations? Take a look at the 19 Care franchises, three Funeral franchises, three Photography franchises, 17 Healthcare franchises and nine Nursery franchises recruiting at this time.
Check out three available franchise options
If working in Home Care services appeals to you, have a look at Apollo Care. By joining its current nine franchisees, you would become a part of a growing brand network. A total of £26,000, an affordable initial investment, is required to open an Apollo Care franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £5,000 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this franchise, you may qualify for financial assistance.
You could also consider Radfield Home Care. By joining its network of 13 franchisees, you could contribute to this brand's success. Opening a Radfield Home Care business requires a substantial initial investment of £90,000. If you intend to get a loan to cover the startup costs, Radfield Home Care asks for a personal investment of at least £27,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business.
Finally, Heritage Healthcare is another interesting brand operating in Home Care services. The first franchise launched in 2013. This business opportunity requires a significant initial investment of £95,994. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Heritage Healthcare asks for a minimum personal investment of £35,994. Due to the higher startup costs, this option is not advisable for first-time franchisees.
There are nine franchises waiting to be discovered in Home Care services. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.