Home Care Franchise opportunities to start in Barnstaple
Investing in a franchise in Barnstaple
If you want to open your own business, you may find that Barnstaple has a lot to offer. Several companies are currently recruiting franchisees in the North Devon area. Keep reading to see if running a franchise could be a good option for you! If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, have a browse and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.
The North Devon area has a population of 96,000 residents. The 60+ age range makes up the majority of the population. The average annual salary across the United Kingdom is just over £30,500. With a gross income averaging £22,123, residents of North Devon have a lower salary than the national average.
Home Care services could be the right choice for you
Are you interested in Home Care services? If so, there are nine available brands to choose from across the United Kingdom. Many brands offer franchise opportunities in other sectors within the Personal & Home Care Services sector. For instance, there are two Electrical franchises, nine Nursery franchises, three Photography franchises, 14 Kids & Childrens franchises and two Security franchises. You'll find options to suit many different career goals and aspirations.
Three examples of available franchise business possibilities
If you're planning to invest in Home Care services, check out Heritage Healthcare, a brand that launched in 2013. This business opportunity requires a significant initial investment of £95,994. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Heritage Healthcare requires a minimum personal investment of £35,994. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Heritage Healthcare also offers training and support to help you run your business successfully.
Right at Home is an interesting investment opportunity in Home Care services. By joining its current 49 franchisees, you would become a part of a growing brand network. To start your business, you will need an initial investment of £120,000. 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 generally be required. For Right at Home, the minimum personal investment is £40,000. It is thus less appropriate for new investors. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid. See eligibility details on our website. This brand also provides its franchisees with full training and support.
Lastly, another brand worth considering is Kare Plus. First opened in 1989, Kare Plus has grown a devoted following since opening 31 years ago. The brand is expanding, with 70 outlets currently in operation, and a desire to expand further. This business requires a reasonable initial investment of £75,000. 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 Kare Plus business is £25,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Training and assistance provided by Kare Plus will help you lead your business in the right direction.
Many businesses are already operating in Home Care services. We currently have nine franchise opportunities available in the sector. Point Franchise has almost 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.