Home Care Franchise opportunities to start in Watford
Watford and its prospects for new Businesses
Are you thinking about opening a franchise? Watford, in the East of England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Take a look at the brands currently recruiting in Watford. We offer a variety of realistic new business investment possibilities, so that you can find one you like.
A recent census found that 97,000 people live in Watford. The majority of residents are aged 20 to 39 years old. Watford has an average annual salary of £32,481, which is slightly higher than the national average income of close to £31,000.
Do Home Care services appeal to you?
If you're interested in becoming a franchisee in Home Care services, check out our nine franchise options currently available in the field. The Personal & Home Care Services sector offers a range of options in addition to those in Home Care services. These include two Wedding franchises, three Funeral franchises, nine Preschool franchises, 14 Kids & Childrens franchises and 12 Tutoring franchises. Have a look at the brands available to see which could be your perfect match.
Here are three examples of franchise businesses
Home Care services has many franchise opportunities available, such as Heritage Healthcare, which has been in business since 2013. To start your own Heritage Healthcare franchise, you will need to invest £95,994, of which at least £35,994 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Another option worth considering is Right at Home. There are 49 locations open so far, and the network is expanding. You will need an initial investment of £120,000 to open your own Right at Home business. Your personal investment should account for at least £40,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Financial assistance can be provided in some circumstances.
Finally, Radfield Home Care is another interesting option. By joining its 13 franchises already in operation, you could contribute to this company's expansion. You will need to invest £90,000 to start your own Radfield Home Care business. At least £27,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. Financial support is available for eligible franchisees. See our website for more information.
If working in Home Care services appeals to you, take a look at our nine available franchising opportunities in the sector. If you're curious about investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
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