Home Care Franchise opportunities to start in Manchester
What to consider when opening a franchise in Manchester
Are you considering opening a franchise? Manchester, in the North West of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Check out the brands currently recruiting in Manchester. We offer a range of realistic new business investment possibilities, so that you can find one you like.
Recent figures show that Manchester has a population of 548,000 people. The 20-39 age group has the highest concentration in the population. Unemployment in the area (6.3%) is high compared to the United Kingdom as a whole (4%). The labour force represents 71.3% of the local population, or 276,800 people. The UK's annual average income is just over £30,500. Salaries in Manchester are slightly lower in comparison, averaging £25,609 a year.
Running a Home Care franchise business
Across the UK, there are currently nine opportunities to run your own franchise in Home Care services. You will find many business opportunities in the Personal & Home Care Services sector, including those in Home Care services. Other possibilities include three Funeral franchises, 11 Handyman franchises, two Security franchises, five Baby franchises and two Electrical franchises. The perfect business to suit your career goals and aspirations might just be among them.
Read about these three brands to see what franchise options exist
If Home Care services is your area of interest, Radfield Home Care is worth looking at. There are 13 locations open so far, and the network is expanding. You will need to invest £90,000 to start your own Radfield Home Care business. At least £27,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
If Home Care services appeal to you, Right at Home is another option you could have a look at. This brand is expanding, counting 49 outlets in the United Kingdom. A significant initial investment of £120,000 will enable you to open your own Right at Home business. In most cases, your personal investment should represent 30 to 50% of the total amount. Right at Home requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance.
Lastly, take a look at Apollo Care, another competitive Home Care franchise. By joining its nine franchises already in operation, you could contribute to this brand's expansion. To start your business, you will need an initial investment of £26,000. 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 generally be required. For Apollo Care, the minimum personal investment is £5,000. 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. When investing in this franchise, you could be eligible for financial aid. See eligibility details on our website.
There are currently nine franchising opportunities available in Home Care services. If you're interested in exploring franchising opportunities in other sectors, Point Franchise has close to 250 brands to pick from.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.