Home Care Franchise opportunities to start in Burntwood
Why should you invest in Burntwood?
Burntwood, located in the West Midlands, has many opportunities for people looking to open their own business. There are many brands currently recruiting franchisees in the Lichfield area. This could mean working for yourself while receiving the comprehensive support of an established brand. With your interests and career objectives in mind, have a look at our selection of franchising opportunities.
According to recent census data, there are 104,000 people living in Lichfield. When broken down by age group, the 60+ age range is the most prevalent in the population. Across the UK, the average gross income is just over £30,500. In the Lichfield area, it is £33,360.
What Home Care services could offer you
If you would like to operate a Home Care franchise, you are likely to find one that appeals to you among nine available across the United Kingdom. Home Care services is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include three Funeral franchises, five Drainage franchises, 19 Care franchises, two AC franchises and four Medical franchises. See if any catch your eye.
Three franchises that could interest you
If you're interested in Home Care services, have a look at Apollo Care. By joining its network of nine franchisees, you could contribute to this brand's success. This business requires an affordable initial investment of £26,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start an Apollo Care business is £5,000. These low startup costs make this a good franchising option for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.
Right at Home is another interesting option. The brand is expanding, with 49 locations currently in operation, and a desire to expand further. You will need an initial investment of £120,000 to open your own Right at Home business. Your personal investment should account for at least £40,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Radfield Home Care is a third interesting franchising opportunity in Home Care services. By joining its 13 franchises already in operation, you could contribute to this brand's expansion. A total of £90,000, a significant initial investment, is required to start a Radfield Home Care franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £27,000 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. A small premises will also be required to operate this business. When investing in this franchise, you could qualify for financial aid. See our website for more information.
There are currently nine new business investment opportunities available in Home Care services. Whether you've already made the decision to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.