Home Care Franchise opportunities to start in Whitley Bay
Is Whitley Bay a good place to be a franchisee?
You could start your own business by becoming a franchisee in Whitley Bay. There are a number of possibilities to choose from in North Tyneside, located in North East England. Check out our range of brands and start running your own business with a team behind you. Explore our different franchising opportunities to find the sectors and brands that most appeal to you.
The population of North Tyneside is made up of 206,000 residents. The 40-59 age group makes up the majority of the population. The 3% unemployment rate among 102,600 economically active people in the region is lower than the national average. In the United Kingdom, the average gross income is close to £31,000; in the North Tyneside area, it is £27,665.
Home Care services and its investment options
Across the United Kingdom, there are currently nine opportunities to open your own franchise in Home Care services. Home Care services is just one example of the options available in the Personal & Home Care Services sector. Other options include 19 Care franchises, 14 Kids & Childrens franchises, five Drainage franchises, two Wedding franchises and four Medical franchises. Have a browse, the perfect business opportunity for you could be a few clicks away.
Three franchise businesses worth reading about
If you're planning to invest in Home Care services, take a look at Heritage Healthcare, a brand that 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 usually need to cover 30 to 50% of the total investment. Heritage Healthcare requires a minimum personal investment of £35,994. It is thus less appropriate for new investors.
Kare Plus is an interesting franchising opportunity in Home Care services. First launched in 1989, Kare Plus, now a leader in the field, has gained 31 years of experience since first opening. There are 70 locations open so far, and the network is expanding. A total of £75,000, a reasonable initial investment, is required to start a Kare Plus franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £25,000 of the total investment should come from your personal funds. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you.
Lastly, another possibility to consider is Apollo Care. By joining its network of nine franchisees, you could contribute to this brand's success. To start your own Apollo Care franchise, you will need to invest £26,000, of which at least £5,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
There are nine franchises waiting to be discovered in Home Care services. You will find a total of 236 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.