Home Care Franchise opportunities to start in Peterborough
Investing in a franchise in Peterborough
Are you considering opening a franchise? Peterborough, in the East of England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Have a look at the brands currently recruiting in Peterborough. Explore our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.
The Peterborough area has a population of 201,000 residents. Residents aged 20 to 39 years old make up the majority of the population. Peterborough has an unemployment rate of 6.2% within its labour force of 98,700 people. This rate is high compared to the UK average. The annual income in the United Kingdom is close to £31,000 on average. The people of Peterborough earn an average annual salary of £26,549, slightly lower than the national average.
Home Care services and its franchising options
If you're considering becoming a franchisee in Home Care services, take a look at our nine franchise opportunities currently available in the sector. Home Care services is just one sector among many in the Personal & Home Care Services sector. Its 19 Care franchises, 12 Tutoring franchises, nine Preschool franchises, two Security franchises and nine Nursery franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity.
Here are three examples of franchise businesses
If you'd like to open your own Home Care business, Right at Home could be a great option for you. This brand is growing, counting 49 outlets across the United Kingdom. To start your own Right at Home franchise, you will need to invest £120,000, of which at least £40,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Another option to consider is Radfield Home Care. By joining its 13 franchises already in operation, you could contribute to this company's expansion. A total of £90,000, a significant initial investment, is required to open a Radfield Home Care franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £27,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business.
Finally, you could also have a look at Heritage Healthcare, which has been running since 2013. In order to open a Heritage Healthcare business, a significant initial investment of £95,994 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Heritage Healthcare asks for a personal investment of at least £35,994. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Home Care services offer nine franchising options. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.