Home Care Franchise opportunities to start in St Albans
St Albans is an attractive town to invest in
St Albans, located in the East of England, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the St Albans area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business objectives.
There are 147,000 people living in the St Albans area. The majority of the population sits within the 40-59 age range. Approximately 73,000 people are economically active in the community, representing 79.9% of the population. The unemployment rate (7%) is high compared to the UK average (4%). The local income averages £47,507 per year, which is significantly higher than the close to £31,000 average income in the UK as a whole.
Home Care services: An interesting opportunity for franchisees
There are nine UK-based franchises available in Home Care services. There are also two Wedding franchises, nine Preschool franchises, 11 Handyman franchises, two Security franchises and three Plumbing franchises recruiting franchisees in the Personal & Home Care Services sector, alongside the Home Care options. Have a look to find out whether any fit your career goals and aspirations.
Eager to know more? Here are three franchise business examples
If you're interested in Home Care services, have a look at Radfield Home Care. By joining its 13 franchises already in operation, you could contribute to this company's expansion. This business requires a substantial initial investment of £90,000. If you intend to get 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 open a Radfield Home Care business is £27,000. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance. See our website for details.
If Home Care services appeal to you, Kare Plus is another option you could consider. In business since 1989, the brand's extensive experience, good reputation and wide exposure are valuable assets. By joining its current 70 franchisees, you would become a part of a growing brand network. Starting a Kare Plus business requires an affordable initial investment of £75,000. At least £25,000 should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees.
Finally, take a look at Heritage Healthcare, another attractive Home Care franchise that launched in 2013. This business opportunity requires a substantial 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 asks for a minimum personal investment of £35,994. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Home Care services offer nine franchising options. Plus, with 236 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.