Home Care Franchise opportunities to start in Leicester
Leicester is an attractive town to invest in
If you want to start your own business, you may find that Leicester has a lot to offer. Many companies are currently looking for franchisees in the Leicester area. Read on to find out if running a franchise could be a good option for you! Starting a business should be exciting! Explore our selection of franchising options, starting with the sectors that you feel most passionate about.
Recent figures show that 355,000 people live in Leicester. When broken down by age group, the 20-39 age range is the most prevalent in the population. The area has a 5% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 177,000 people or 74.8% of the total population. Residents of Leicester have an annual average income of £23,290. In comparison, the average gross salary in the United Kingdom is just over £30,500.
Why open a business in Home Care services?
Are you interested in Home Care services? If so, there are nine available franchises to choose from across the United Kingdom. Bear in mind that the potential for exciting business ventures in the Personal & Home Care Services sector is not limited to Home Care services. Other available investment opportunities include five Drainage franchises, five Gardening & Lawn Care franchises, 17 Healthcare franchises, nine Preschool franchises and five Baby franchises. See if there's one to suit your business goals.
Three franchise business examples
If you are interested in opening a franchise in Home Care services, Right at Home could be an option for you. By joining its 49 franchises already in operation, you could contribute to this brand's expansion. To start your own Right at Home franchise, you will need to invest £120,000, of which at least £40,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Home Care services have many brands worth considering. Have a look at Radfield Home Care. By joining its network of 13 franchisees, you could contribute to this brand's success. A substantial initial investment of £90,000 will enable you to start your own Radfield Home Care business. In most cases, your personal investment should represent 30 to 50% of the total amount. Radfield Home Care requires you to personally invest at least £27,000. You could potentially get 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. A small premises will also be required to operate this business. Eligible candidates may apply for financial aid. Visit our website for more information.
Finally, you could also consider Kare Plus, which has been in business since 1989. Kare Plus has grown a loyal following since opening 31 years ago. The brand is growing, with 70 locations currently in operation, and a desire to expand further. This business requires an affordable initial investment of £75,000. 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 Kare Plus business is £25,000. These low startup costs make it a good option to pursue for first-time franchisees.
Opening a business in Home Care services has great potential. If you're interested, check out our nine available opportunities. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
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