Personal & Home Care Services Franchise opportunities to start in Heywood
Heywood and its prospects for new Businesses
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our selection of brands in Heywood, located in the Rochdale area in the North West of England, where many companies are currently recruiting. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career goals.
Rochdale has an estimated population of 220,000 people. The 20-39 age group has the highest concentration within the population. The local labour force consists of 99,600 people, or 75.0% of the total population. With an unemployment rate of 6.3%, recent data indicates that employment in this area is slightly higher than in the rest of the UK. The local income averages £25,682 per year, which is slightly lower than the close to £31,000 average salary in the UK as a whole.
Why Personal & Home Care Services businesses appeal to franchisees
Across the United Kingdom, there are currently 185 opportunities to open your own franchise in the Personal & Home Care Services sector. You can choose an investment opportunity from 12 Senior Care franchises, five Drainage franchises, two Electrical franchises, four Medical franchises and three Funeral franchises. Let our selection of brands be your guide to starting your next exciting franchising opportunity.
Three franchise businesses worth reading about
Choice Home Tutoring is a competitive brand operating in the Personal & Home Care Services sector. The brand is growing, with four outlets currently in operation, and a desire to expand further. Starting a Choice Home Tutoring business requires a reasonable initial investment of £17,500. If you plan on getting a loan to cover the startup costs, Choice Home Tutoring asks for a personal investment of at least £6,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this established brand, you could qualify for financial aid.
Another option worth considering is Banana Moon, a company that launched in 2010. By joining its current 10 franchisees, you would be joining a growing brand network. An initial investment of £60,000 will enable you to open your own Banana Moon business. In most cases, your personal investment should represent 30 to 50% of the total amount. Banana Moon requires you to personally invest at least £47,500. You could potentially get a loan to cover the remaining costs. It is thus less appropriate for new investors.
Lastly, you could also have a look at Venture Studios. This brand is developing, counting 21 locations in the UK. This business requires an initial investment of £70,000. 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 open a Venture Studios business is £35,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. By investing in this franchise, you may be eligible for financial support. See our website for details.
The Personal & Home Care Services sector offers 185 franchising options. On Point Franchise, there is plenty of choice in other sectors too. We have close to 250 franchising opportunities in total to choose from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
Top Personal & Home Care Services franchise to start
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Blossom Home Care
Established 2015 | Prime territory available across the UK | Boutique care business
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