Home Care Franchise opportunities to start in Coalville
Coalville: A great location to start a business
Have you ever considered opening a franchise in Coalville? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many businesses in the North West Leicestershire area are currently recruiting franchisees. Explore our different franchising opportunities to discover the sectors and brands that most appeal to you.
There are an estimated 102,000 people in the North West Leicestershire area. The 40-59 age group makes up the majority of the population. The local labour force includes 48,100 people, or 76.3% of the total population. With an unemployment rate of 6.2%, recent data indicates that employment in this area is slightly higher than in the rest of the United Kingdom. North West Leicestershire has an average annual income of £28,742. This salary is slightly lower than the rest of the United Kingdom, which has an average salary of £30,629.
Why Home Care businesses appeal to franchisees
There are nine brands offering franchise options in Home Care services. Home Care services is part of the Personal & Home Care Services sector which offers a wide selection of interesting options. These include five Drainage franchises, three Plumbing franchises, 11 Handyman franchises, 14 Kids & Childrens franchises and 12 Senior Care franchises. See if any catch your eye.
Three franchises that could interest you
If Home Care services is your area of interest, Radfield Home Care is worth considering. There are 13 outlets open so far, and the network is expanding. This business requires a substantial initial investment of £90,000. If you intend to get 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 a Radfield Home Care business is £27,000. 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. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Apollo Care is an interesting franchising opportunity in Home Care services. This brand is growing, counting nine locations across the UK. An affordable initial investment of £26,000 will enable you to open your own Apollo Care business. In most cases, your personal investment should represent 30 to 50% of the total amount. Apollo Care requires you to personally invest at least £5,000. You could potentially get a loan to cover the remaining costs. Given these low startup costs, this option could be suitable for first-time franchisees. By investing in this established brand, you could qualify for financial assistance.
Lastly, Right at Home is another attractive brand operating in Home Care services. Starting 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 opportunity is less suitable for first-time franchisees. When investing in this franchise, you could qualify for financial aid. Visit our website for more information.
Home Care services offer many interesting investment opportunities, including our nine franchise options. On Point Franchise, there is plenty of choice in other sectors too. We have almost 250 new business investment opportunities in total to choose from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.