Home Care Franchise opportunities to start in Bury St Edmunds
Bury St Edmunds is waiting for you to start a franchise business
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Bury St Edmunds, situated in the East of England, could be a good place to start as there are many businesses currently recruiting franchisees in the Forest Heath area. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, have a look and see what other options catch your eye. We have brands to suit all kinds of interests and career objectives.
Forest Heath has a population of approximately 179,000 people. Residents in the 60+ age category make up the largest portion of the population. The average annual income across the United Kingdom is just over £30,500. With a gross salary averaging £30,485, residents of Forest Heath have a salary in line with the national average.
What Home Care services could offer you
If you want to manage your own business in Home Care services, the good news is that there are nine franchises currently recruiting new franchisees across the country. Home Care services is just one example of the options available in the Personal & Home Care Services sector. Other opportunities include five Gardening & Lawn Care franchises, 18 Child Care franchises, 12 Senior Care franchises, 19 Care franchises and 17 Healthcare franchises. Have a browse, the perfect investment opportunity for you could be a few clicks away.
Read about these three brands to see what franchise opportunities exist
If working in Home Care services appeals to you, have a look at Radfield Home Care. The brand is developing, with 13 locations currently in operation, and a desire to expand further. This business requires a substantial initial investment of £90,000. If you plan on getting 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 start a Radfield Home Care business is £27,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. 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 may be eligible for financial aid.
Another possibility to consider is Right at Home. By joining its 49 franchises already in operation, you could contribute to this company's expansion. Opening a Right at Home business requires a substantial initial investment of £120,000. If you intend to get a loan to cover the startup costs, Right at Home asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Finally, you could also consider Apollo Care. There are nine outlets open so far, and the network is expanding. In order to open an Apollo Care business, a reasonable initial investment of £26,000 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. Apollo Care asks for a personal investment of at least £5,000. These low startup costs make it a good option to pursue for first-time franchisees. Financial aid can be provided in some circumstances. See our website for more information.
There are nine franchises waiting to be discovered in Home Care services. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.