Home Care Franchise opportunities to start in Prescot
Starting a new business in Prescot
You could start your own business by becoming a franchisee in Prescot. Knowsley, located in the North West of England, offers a number of new business investment opportunities. On this page, you'll find a selection of brands looking for franchisees. To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The Knowsley area has a population of 150,000 residents. The majority of the population falls within the 40-59 age range. The local unemployment rate of 2.9% among 72,200 economically active people, or 77.9% of the population, is significantly lower than the average in the United Kingdom. Across the UK, the average gross income is £30,629. In the Knowsley area, it is £25,844.
Running a Home Care franchise business
There are nine brands currently recruiting franchisees in Home Care services. If this sector appeals to you, check them out. Home Care services is a part of the Personal & Home Care Services sector. Other brands recruiting in this industry include 19 Care franchises, 17 Education franchises, five Gardening & Lawn Care franchises, three Photography franchises and four Medical franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations.
Read about these three brands to see what franchise options exist
If you're planning to invest in Home Care services, take a look at Heritage Healthcare, a brand that opened in 2013. Starting a Heritage Healthcare franchise will require you to invest a minimum of £95,994. At least £35,994 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Another option worth considering is Kare Plus, a company that opened in 1989. The brand's extensive experience, good reputation and wide exposure are valuable assets. There are 70 locations open so far, and the network is expanding. Opening a Kare Plus business requires an affordable initial investment of £75,000. If you intend to get a loan to cover the startup costs, Kare Plus asks for a personal investment of at least £25,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees.
Home Care services have many brands worth considering. As a final example, have a look at Right at Home. 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 start 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 advisable for first-time franchisees.
If you would like to check out more franchising options in Home Care services, we currently have nine available opportunities. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.