Home Care Franchise opportunities to start in Newark-on-Trent
Newark-on-Trent is waiting for you to begin a franchise business
You could start your own business by becoming a franchisee in Newark-on-Trent. There are a number of franchise options to choose from in Newark and Sherwood, located in the East Midlands. Take a look at our range of brands and start running your own business with a team behind you. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career objectives.
There are approximately 122,000 people currently living in Newark and Sherwood. The population's most prevalent age group is made up of 60+ year olds. The 6% unemployment rate among the 57,000 economically active people in the area is slightly higher than the UK average. Across the United Kingdom, the average gross income is close to £31,000. In the Newark and Sherwood area, it is £28,564.
Why Home Care services might be a good option for you
In the UK, you will find nine franchises recruiting in Home Care services. Numerous brands offer franchise opportunities in other sectors within the Personal & Home Care Services sector. For instance, there are three Plumbing franchises, nine Nursery franchises, 14 Kids & Childrens franchises, nine Preschool franchises and 11 Handyman franchises. You'll find options to suit all kinds of career goals and aspirations.
Three examples of available franchise business possibilities
If you'd like to open your own Home Care business, Radfield Home Care might be a great option for you. There are 13 outlets open so far, and the network is expanding. This business requires a significant initial investment of £90,000. 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 a Radfield Home Care business is £27,000. 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. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Another option to consider is Apollo Care. 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 intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually 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. You could also benefit from financial assistance, if eligible. See eligibility details on our website.
Lastly, you could also consider Heritage Healthcare, which has been in business since 2013. You will need to invest £95,994 to start operating your own Heritage Healthcare business, which is a substantial initial investment. Your personal investment should account for at least £35,994 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
If you would like to work in Home Care services, the perfect business opportunity could be waiting for you among our nine available franchises in the sector. But you also have plenty of investment options in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.