Home Care Franchise opportunities to start in Wolverhampton
Wolverhampton could be home to your new business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Wolverhampton, located in the Wolverhampton area in the West Midlands, where many companies are currently recruiting. We offer franchise investment opportunities in many different sectors. Why not check out the sector that appeals to you the most?
A recent census found that 262,000 people live in Wolverhampton. When broken down by age range, 20-39 year olds represent the largest portion of the population. The local labour force includes 118,500 people, or 72.2% of the total population. With an unemployment rate of 7%, recent data indicates that employment in this area is slightly higher than in the rest of the UK. Residents of Wolverhampton have an annual average salary of £24,784. In comparison, the average gross income in the UK is close to £31,000.
Why Home Care services appeals to franchisees
Across the UK, there are nine franchises in Home Care services. Home Care services is just one example of the options available in the Personal & Home Care Services sector. Other options include 17 Education franchises, 11 Handyman franchises, five Drainage franchises, two Security franchises and nine Nursery franchises. Have a look, the perfect business opportunity for you could be a few clicks away.
Read about these three brands to see what franchise opportunities exist
Right at Home is an interesting franchise operating in Home Care services. The brand is developing, with 49 locations currently in operation, and a desire to expand further. You will need to invest £120,000 to begin running your own Right at Home business, which is a substantial initial investment. Your personal investment should account for at least £40,000 of the total amount. It is thus less appropriate for new investors. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Take a look at Heritage Healthcare, another competitive Home Care franchise that launched in 2013. Opening a Heritage Healthcare franchise will require you to invest a minimum of £95,994. At least £35,994 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Finally, another option worth considering is Apollo Care. By joining its nine franchises already in operation, you could contribute to this brand's expansion. In order to start an Apollo Care business, an affordable initial investment of £26,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Apollo Care asks for a personal investment of at least £5,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. You could also benefit from financial aid, if eligible. See our website for more information.
If you are interested in Home Care services and would like to learn more about its available franchising opportunities, explore the nine businesses currently recruiting franchisees in the sector. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.