Home Care Franchise opportunities to start in Bootle
Investing in a franchise in Bootle
If you're interested in running your own business in Bootle, located in North West England, you should explore franchising options. Several companies are currently recruiting in the Eden area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Browsing our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
According to recent census data, 53,000 people live in Eden. When broken down by age group, 60+ year olds represent the largest portion of the population. With an average gross annual income of £23,017, salaries in Eden are lower than the average salary of just over £30,500 across the UK.
Why Home Care businesses appeal to franchisees
There are nine UK-based franchises available in Home Care services. Home Care services is actually part of the Personal & Home Care Services sector which offers a wider selection. There are currently four Medical franchises, two AC franchises, three Photography franchises, two Security franchises and five Gardening & Lawn Care franchises recruiting at this time. Amongst these opportunities, there is likely to be one to suit your career goals and aspirations.
Three franchise business examples worth looking at
If you like the idea of opening a franchise in Home Care services, Radfield Home Care could be an option for you. By joining its 13 franchises already in operation, you could contribute to this brand's expansion. Starting a Radfield Home Care business requires a significant initial investment of £90,000. If you plan on getting 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible.
Another interesting investment opportunity is Right at Home. The brand is expanding, with 49 locations currently in operation, and a desire to expand further. Opening a Right at Home franchise will require you to invest a minimum of £120,000. At least £40,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, you could also have a look at Heritage Healthcare, which has been in business since 2013. A substantial initial investment of £95,994 will enable you to open your own Heritage Healthcare business. In most cases, your personal investment should represent 30 to 50% of the total amount. Heritage Healthcare requires you to personally invest at least £35,994. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Eager to read more about business opportunities in Home Care services? Check out our nine available options. With 236 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.