Home Care Franchise opportunities to start in Stockton-on-Tees
Stockton-on-Tees is an attractive town to invest in
The Stockton-on-Tees area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Stockton-on-Tees. Starting a business should be exciting! Explore our range of franchising opportunities, focusing on the sectors that you feel most passionate about.
The Stockton-on-Tees area has a population of 197,000 people. Residents aged 40 to 59 years old make up the majority of the population. In terms of employment, the region has a labour force of 91,500 people (75.9%), of which the unemployment rate is 6%. This figure is slightly higher than the average unemployment rate across the country. For the Stockton-on-Tees area, the average income is £26,850, which is slightly lower than the national average salary of £30,629.
Could Home Care services be the right choice for you?
Are you interested in Home Care services? If so, there are nine available franchises to choose from in the UK. The Personal & Home Care Services sector offers a variety of options in addition to those in Home Care services. These include two Wedding franchises, 14 Kids & Childrens franchises, 19 Care franchises, nine Nursery franchises and 17 Education franchises. Have a look at the brands available to find out which could be your perfect match.
Three franchise business examples
Home Care services has many franchise options available, such as Heritage Healthcare, which was first established in 2013. You will need an initial investment of £95,994 to start your own Heritage Healthcare business. Your personal investment should account for at least £35,994 of the total amount. You may want to consider getting a loan to open a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. The training and assistance provided by Heritage Healthcare give you the tools to manage your own business successfully.
Home Care services have many brands worth considering. Take a look at Kare Plus. Initially established in 1989, the company has built strong customer loyalty over the past 31 years. There are 70 locations open so far, and the network is expanding. In order to open a Kare Plus business, an affordable initial investment of £75,000 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. Kare Plus requires a personal investment of at least £25,000. These low startup costs make it a good option to pursue for first-time franchisees. Kare Plus also provides training and assistance to help you run your business efficiently.
Finally, if Home Care services appeal to you, Right at Home is another option you could have a look at. By joining its current 49 franchisees, you would become a part of a growing brand network. A total of £120,000, a significant initial investment, is required to open a Right at Home franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. When investing in this franchise, you can benefit from the assistance and support of an established brand and you could even be eligible for financial aid. Visit our website for more information.
If you are thinking about opening a franchise business in Home Care services, you might be interested to browse our nine available brands. Point Franchise offers a total of almost 250 franchising options across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.