Home Care Franchise opportunities to start in Torquay
Starting a franchise business in Torquay
Located in the South West, Torquay is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Torbay and take the first step towards running your own business. Exploring our range of brands and sectors will allow you to pinpoint the type of business that is right for you.
Recent figures show that 136,000 people live in Torbay. When broken down by age group, the 60+ age range is the most prevalent in the population. Approximately 59,400 people are economically active in the community, representing 78.1% of the population. The unemployment rate (4.1%) is comparable to the UK average (4%). Across the United Kingdom, the average gross income is £30,629. In the Torbay area, it amounts to £23,343.
What Home Care services could offer you
Across the United Kingdom, there are nine franchises in Home Care services. Home Care services are part of the Personal & Home Care Services sector, which also offers two Electrical franchises, 18 Child Care franchises, 17 Healthcare franchises, nine Preschool franchises and 14 Kids & Childrens franchises. The right business to suit your career objectives and aspirations might just be among them.
Have a look at three franchise business examples
There are many interesting franchising opportunities in Home Care services. Take Heritage Healthcare for example, a business that was first established in 2013. Opening a Heritage Healthcare business requires a substantial initial investment of £95,994. If you plan on getting a loan to cover the startup costs, Heritage Healthcare asks for a personal investment of at least £35,994. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Apollo Care is an interesting investment opportunity in Home Care services. There are nine locations open so far, and the network is expanding. To open your own Apollo Care franchise, you will need to invest £26,000, of which at least £5,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial assistance can be provided in some circumstances. Visit our website for details.
Finally, you could also consider Kare Plus, which has been running since 1989. Kare Plus has gained many dedicated customers over the past 31 years. By joining its network of 70 franchisees, you could contribute to this brand's success. A total of £75,000, a reasonable initial investment, is required to start a Kare Plus franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £25,000 of the total investment should come from your personal funds. These relatively low startup costs make it a good option to pursue for first-time franchisees.
Home Care services currently has nine franchising opportunities. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.