Home Care Franchise opportunities to start in Reading
Investing in a franchise in Reading
Reading, located in South East England, has many opportunities for people looking to open their own business. There are several brands currently recruiting franchisees in the Reading area. This could mean working for yourself while receiving the comprehensive support of an established brand. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
Recent figures show that Reading has a population of 163,000 residents. The population's most prevalent age group is made up of 20-39 year olds. The community has a 3% unemployment rate, which is lower than the national average of 4%. There are 90,700 economically active people in the area, representing 81.7% of the total population. The gross annual salary in Reading amounts to £32,730, which is slightly higher than the national average of close to £31,000.
Investment opportunities in Home Care services
If you wish to run a Home Care franchise, you are likely to find one that appeals to you among nine available across the United Kingdom. Home Care services is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include five Drainage franchises, 14 Kids & Childrens franchises, two AC franchises, 19 Care franchises and three Funeral franchises. See if any catch your eye.
Three franchise businesses worth reading about
If you're interested in Home Care services, have a look at Heritage Healthcare. It has been operating since 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Kare Plus is another interesting franchise option if you plan to invest in Home Care services. Launched in 1989, Kare Plus is a recognized leader in the field, with 31 years of experience under its belt this brand is developing, counting 70 locations across the country. You will need to invest £75,000 to start running your own Kare Plus business, which is a reasonable initial investment. Your personal investment should account for at least £25,000 of the total amount. 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.
As a final example, check out Apollo Care. The brand is growing, with nine outlets currently in operation, and a desire to expand further. You will need to invest £26,000 to start your own Apollo Care business. At least £5,000 of this affordable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees.
If you are interested in Home Care services and would like to know more about its available franchising options, look into the nine businesses currently recruiting franchisees in the sector. Point Franchise has 236 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 collected from NOMIS and the ONS.