Home Care Franchise opportunities to start in Shrewsbury
Shrewsbury and its prospects for new Businesses
Would you like to run your own business? Shrewsbury, located in the West Midlands, could be a good place to start. There are many brands currently recruiting franchisees in the Shropshire area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to starting your own business.
Recent figures show that 320,000 people live in Shropshire. When broken down by age group, 60+ year olds represent the largest portion of the population. Unemployment in the area (2.7%) is very low compared to the United Kingdom as a whole (4%). The labour force represents 82.9% of the local population, or 151,100 people. In the United Kingdom, the average gross income is £30,629; in the Shropshire area, it is £28,225.
Running a franchise in Home Care services
Across the United Kingdom, there are currently nine opportunities to run your own franchise in Home Care services. There are also 17 Healthcare franchises, nine Preschool franchises, three Plumbing franchises, two Electrical franchises and four Medical franchises recruiting franchisees in the Personal & Home Care Services sector, alongside the Home Care options. Have a browse to find out whether any fit your career goals and aspirations.
Have a look at three franchise business examples
If you're interested in Home Care services, check out Heritage Healthcare. It has been operating since 2013. To start your business, you will need an initial investment of £95,994. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Heritage Healthcare, the minimum personal investment is £35,994. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Kare Plus, open since 1989, is another interesting option. This brand is developing, counting 70 outlets across the country. The company has built strong customer loyalty over the past 31 years. This business opportunity requires a reasonable initial investment of £75,000. 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. Kare Plus requires a minimum personal investment of £25,000. These low startup costs make it a good option to pursue for first-time franchisees.
Lastly, another opportunity worth considering is Radfield Home Care. By joining its current 13 franchisees, you would be joining a growing brand network. You will need to invest £90,000 to open your own Radfield Home Care business. At least £27,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you may qualify for financial assistance. See our website for details.
If you are interested in Home Care services and would like to discover more franchising options, take a look at the nine brands available in this sector. On Point Franchise, there is plenty of choice in other sectors as well. We have 236 new business investment opportunities in total to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.