Personal & Home Care Services Franchise opportunities to start in Jarrow
Jarrow is an attractive town to invest in
Located in the North East of England, Jarrow is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising possibilities in South Tyneside and take the first step towards managing your own business. If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, have a look and see what other options catch your eye. We have brands to suit many different interests and career goals.
Recent figures show that 150,000 people live in South Tyneside. The 40-59 age group is the most represented within the population. South Tyneside has an unemployment rate of 8.2% within its labour force of 67,300 people. This rate is high compared to the national average. In the UK, the average gross salary is just over £30,500; in the South Tyneside area, it is £24,834.
Why the Personal & Home Care Services sector might be a good option for you
If the idea of running a business in the Personal & Home Care Services sector appeals to you, check out the 185 brands currently recruiting franchisees in the sector. Among the business opportunities in this field, you will find 17 Education franchises, two Electrical franchises, three Funeral franchises, five Drainage franchises and nine Home Care franchises. There might be one worth considering among them.
Have a look at three franchise business examples
If you would like to invest in a Personal & Home Care Services business, you could consider Tutor Doctor. First established in 2003, Tutor Doctor now has over 17 years of experience under its belt. The brand operates in 500 franchise locations which make up a well-established business community. You will need an initial investment of £34,700 to open your own Tutor Doctor business. Your personal investment should account for at least £33,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. You could also benefit from financial assistance, if eligible.
Another possibility to consider is Jackson Fire and Security. The company has been in business since 2014. This brand is growing quickly, counting 10 locations across the UK. You will need to invest £69,500 to begin running your own Jackson Fire and Security business. Your personal investment should account for at least £39,500 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another interesting franchise option is Banana Moon, which has been operating since 2010. By joining its network of 10 franchisees, you could play a part in this brand's success. Opening a Banana Moon business requires an initial investment of £60,000. If you plan on getting a loan to cover the startup costs, Banana Moon asks for a personal investment of at least £47,500. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
There are currently 185 new business investment opportunities available in the Personal & Home Care Services sector. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of 236 franchising options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.