Personal & Home Care Services Franchise opportunities to start in South Shields
Investing in South Shields could be your next move
Are you thinking about opening a franchise? South Shields, in the North East of England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Check out the brands currently recruiting in South Tyneside. Starting a business should be exciting! Explore our selection of franchising options, starting with the sectors that you feel most passionate about.
There are approximately 150,000 people currently living in South Tyneside. When broken down by age range, 40-59 year olds represent the largest portion of the population. The 8.2% unemployment rate among 67,300 economically active people in the community is slightly higher than the national average. Residents in the area earn £24,834 per year on average. This income is slightly lower than the country's average gross income, which reaches just over £30,500.
Does the Personal & Home Care Services sector appeal to you?
There are currently 185 opportunities to invest in the Personal & Home Care Services sector. If you would like to operate a business in this sector, keep reading. This sector offers a number of interesting options, including 14 Kids & Childrens franchises, two AC franchises, nine Nursery franchises, nine Preschool franchises and 17 Healthcare franchises. See if any catch your eye.
Three franchise businesses worth reading about
The Personal & Home Care Services sector has many franchise opportunities available, such as Tutor Doctor, which opened in 2003. The company is now mature and a leader within the sector, having expanded its franchise network for 17 years. The brand has a strong network and good exposure, running in 500 franchise locations. Opening a Tutor Doctor business requires an initial investment of £34,700. If you plan on getting a loan to cover the startup costs, Tutor Doctor asks for a personal investment of at least £33,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Financial support is available for eligible franchisees.
You could also consider Mathnasium. The brand operates in 800 franchise locations which make up a well-established business community. You will need an initial investment of £77,000 to start your own Mathnasium business. Your personal investment should account for at least £24,000 of the total amount. You may want to consider getting a loan to start a business in this sector. These low startup costs make it a good option to pursue for first-time franchisees. You may qualify for financial aid.
The Personal & Home Care Services sector has many brands worth considering. As a final example, take a look at Seniors Helping Seniors. By joining its network of 300 franchisees, you would become a part of a strong business community. Good to know: you won't need any premises as you can work from home. If you can't cover the startup costs on your own, you may be eligible for financial assistance. See eligibility details on our website.
If you are considering running a franchise business in the Personal & Home Care Services sector, you might be interested to have a look at our 185 available brands. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.