Home Care Franchise opportunities to start in Hoddesdon
Hoddesdon is waiting for you to open a franchise business
You could start your own business by becoming a franchisee in Hoddesdon. There are a number of possibilities to choose from in Broxbourne, located in the East of England. Take a look at our range of brands and start managing your own business with a team behind you. By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and business objectives.
Recent figures show that 97,000 people live in Broxbourne. Residents aged 40 to 59 years old are the most represented within the population. The region has a labour force of 50,400 people, or 79.5% of the total population. The unemployment rate (5.2%) is high compared to the rest of the United Kingdom. The gross annual salary in Broxbourne amounts to £34,070, which is higher than the national average of £30,629.
Why start a business in Home Care services?
If you're interested in becoming a franchisee in Home Care services, have a look at our nine franchise options currently available in the field. Bear in mind that the potential for exciting investment opportunities in the Personal & Home Care Services sector is not limited to Home Care services. Other available investment opportunities include 12 Senior Care franchises, three Photography franchises, three Plumbing franchises, two Security franchises and five Drainage franchises. See if there's one to suit your career goals.
Eager to find out more? Here are three franchise business examples
If you are interested in opening a franchise in Home Care services, Radfield Home Care could be an option for you. By joining its network of 13 franchisees, you could contribute to this brand's success. A significant initial investment of £90,000 will enable you to start your own Radfield Home Care business. In most cases, your personal investment should represent 30 to 50% of the total amount. Radfield Home Care requires you to personally invest at least £27,000. You could potentially get a loan to cover the remaining costs. 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. Financial assistance is available for eligible franchisees.
Heritage Healthcare is another successful brand that has been operating in Home Care services since 2013. In order to start a Heritage Healthcare business, a substantial initial investment of £95,994 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Heritage Healthcare requires a personal investment of at least £35,994. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Finally, if Home Care services appeal to you, Right at Home is another option you could consider. By joining its current 49 franchisees, you would be joining a growing brand network. To open 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 apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
There are currently nine franchising opportunities available in Home Care services. If you're curious about franchising options in other sectors, Point Franchise offers almost 250 brands to pick from.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.