Home Care Franchise opportunities to start in Bridgwater
Bridgwater is waiting for you to begin a franchise business
If you want to open your own business, you may find that Bridgwater has a lot to offer. Many brands are currently looking for franchisees in the Sedgemoor area. Read on to see if running a franchise could be a good option for you! To start off with, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
There are 123,000 people living in the Sedgemoor area. The most prevalent age group in the population is over 60 years old. Unemployment in the area (4.6%) is high compared to the UK as a whole (4%). The labour force represents 84.1% of the local population, or 60,100 people. The average annual salary across the UK is close to £31,000. With a gross income averaging £27,365, residents of Sedgemoor have a slightly lower salary than the national average.
Why start a business in Home Care services?
If you want to manage your own business in Home Care services, the good news is that there are nine franchises currently recruiting new franchisees across the country. In fact, the Personal & Home Care Services sector as a whole offers a wide variety of franchises to invest in, including five Drainage franchises, two Security franchises, 12 Senior Care franchises, three Plumbing franchises and three Funeral franchises. Have a look at our available brands to find a potential match.
Three franchise business examples
Right at Home could be a great option for you if you're interested in Home Care services. By joining its current 49 franchisees, you would be joining a growing brand network. You will need to invest £120,000 to start 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. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. By investing in this established brand, you could qualify for financial assistance.
Another option to consider is Radfield Home Care. By joining its network of 13 franchisees, you could contribute to this brand's success. This business requires a substantial 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another option worth considering is Heritage Healthcare, a company that has been in business since 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. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Eager to read more about business opportunities in Home Care services? Explore our nine available options. Point Franchise offers a total of 236 franchising opportunities across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.