Home Care Franchise opportunities to start in Cambridge
Cambridge: A great location to start a business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Cambridge, located in the Cambridge area in the East of England, where many businesses are currently recruiting. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career goals.
There are an estimated 126,000 people living in the Cambridge area. The most prevalent age group in the population is 20 to 39 years old. The region has a labour force of 69,400 people, or 81.8% of the total population. The unemployment rate (1.4%) is very low compared to the rest of the UK. Across the United Kingdom, the average gross income is £30,629. In the Cambridge area, it amounts to £33,225.
Why Home Care services appeals to franchisees
There are nine franchises in Home Care services to choose from. This is just one of the sectors you could choose within the Personal & Home Care Services sector. There are also 12 Senior Care franchises, five Baby franchises, five Gardening & Lawn Care franchises, nine Nursery franchises and 17 Healthcare franchises. Have a browse and find out if any are a good fit for you.
Want to know more? Read about these three brands
There are many interesting franchising possibilities in Home Care services. Take Kare Plus for example, a brand that was first established in 1989. Kare Plus is a recognized leader in the field, with 31 years of experience under its belt the brand is growing, with 70 locations currently in operation, and a desire to expand further. This business requires a reasonable initial investment of £75,000. 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 Kare Plus business is £25,000. 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.
Right at Home is another successful brand operating in Home Care services. There are 49 outlets open so far, and the network is expanding. You will need to invest £120,000 to start your own Right at Home business. At least £40,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. You could also benefit from financial aid, if eligible.
Lastly, Apollo Care is an interesting franchising opportunity in Home Care services. By joining its network of nine franchisees, you could contribute to this brand's success. To start your business, you will need an initial investment of £26,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Apollo Care, the minimum personal investment is £5,000. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this established brand, you could qualify for financial assistance. Visit our website for details.
Eager to read more about business opportunities in Home Care services? Check out our nine available options. Point Franchise offers a total of close to 250 franchising opportunities across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.