Home Care Franchise opportunities to start in Margate
Why should you invest in Margate?
If you want to start a business in Margate, working for yourself but not on your own, then check out our franchising opportunities in the South East of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Thanet area and across the United Kingdom. By exploring the sectors that appeal to you the most, you will find the brands that best suit your interests and business objectives.
Recent figures show that 142,000 people live in Thanet. The most prevalent age group in the population is over 60 years old. The local labour force includes 60,400 people, or 74.3% of the total population. With an unemployment rate of 3.8%, recent data shows that employment in this area is in line with the rest of the United Kingdom. The United Kingdom's annual average income is close to £31,000. Salaries in Thanet are slightly lower in comparison, averaging £24,959 a year.
Investment options in Home Care services
Across the United Kingdom, there are nine franchises in Home Care services. You will find many business opportunities in the Personal & Home Care Services sector, including those in Home Care services. Other possibilities include three Plumbing franchises, 11 Handyman franchises, 17 Education franchises, three Photography franchises and 18 Child Care franchises. There might be one worth considering among them.
Check out three available franchise opportunities
Apollo Care could be a great choice for you if you're interested in Home Care services. By joining its current nine franchisees, you would be joining a growing brand network. You will need an initial investment of £26,000 to open your own Apollo Care business. Your personal investment should account for at least £5,000 of the total amount. You may want to think about getting a loan to open a business in this sector. 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 aid.
Radfield Home Care is another interesting option. By joining its 13 franchises already in operation, you could contribute to this company's expansion. This business opportunity requires a significant initial investment of £90,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Radfield Home Care requires a minimum personal investment of £27,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. By investing in this franchise, you may be eligible for financial support. Visit our website for more information.
Finally, another interesting investment opportunity is Heritage Healthcare, which has been operating since 2013. You will need to invest £95,994 to start operating your own Heritage Healthcare business, which is a significant initial investment. Your personal investment should account for at least £35,994 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Home Care services offer many interesting franchising opportunities, including our nine franchise options. At Point Franchise, we are proud to offer close to 250 franchise options across many sectors, helping you find the perfect investment opportunities for you.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.