Personal & Home Care Services Franchise opportunities to start in Sunderland
Investing in a franchise in Sunderland
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Sunderland, located in the Sunderland area in the North East of England, where many companies are currently recruiting. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business objectives.
There are 277,000 people in the Sunderland area. The most represented age group is 40-59 years of age. Sunderland has an unemployment rate of 7.1% within its labour force of 130,000 people. This rate is high compared to the UK average. The region's average gross annual income of £24,167 is lower than the average income of close to £31,000 across the UK.
Why Personal & Home Care Services businesses appeal to franchisees
There are 185 brands offering franchise opportunities in the Personal & Home Care Services sector. In fact, you can pick from five Baby franchises, two Electrical franchises, nine Preschool franchises, three Plumbing franchises and five Drainage franchises today.
Three brands worth your attention
If you are interested in opening a business in the Personal & Home Care Services sector, read about Radfield Home Care. There are 13 outlets open so far, and the network is expanding. This business requires a substantial initial investment of £90,000. If you intend to get 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.
If the Personal & Home Care Services sector appeals to you, SureCare is another option you could consider. A total of £70,000 is required to open a SureCare franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £42,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not advisable for first-time franchisees. By investing in this established brand, you could qualify for financial assistance.
Kip McGrath is a third interesting franchise option in the Personal & Home Care Services sector. The brand has a strong network and good exposure, operating in 500 franchise locations. You could also receive financial aid, if eligible. See our website for more information.
If you want to work in the Personal & Home Care Services sector, the perfect investment opportunity could be waiting for you among our 185 available franchises in the sector. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.