Personal & Home Care Services Franchise opportunities to start in Stretford

Investing in a franchise in Stretford

Located in the North West of England, Stretford 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 opportunities in Trafford 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 browse and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.

There are 236,000 people living in the Trafford region. The age group with the highest concentration is 40-59. The labour force makes up 82.4% of the population, or approximately 120,100 people. The area has an unemployment rate of 4.5% which is slightly higher than the UK average of 4%. Residents in the area earn £35,667 per year on average. This income is higher than the country's average gross income, which reaches £30,629.

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. Available franchises include 11 Handyman franchises, four Medical franchises, two Electrical franchises, three Photography franchises and 17 Education franchises. The perfect business to suit your career goals and aspirations might just be among them.

Check out these three business examples

Moonstone Day Care could be a great choice for you if you're interested in the Personal & Home Care Services sector. By joining its five franchises already in operation, you could contribute to this company's expansion. You will need an initial investment of £100,000 to start your own Moonstone Day Care business. Your personal investment should account for at least £40,000 of the total amount. You may want to think about 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. If you can't cover the startup costs on your own, you may qualify for financial assistance.

Home Instead could be another good option for you to invest in. In business since 2005, the brand is now mature and a leader within the sector, having grown its franchise community for 15 years. Franchisees benefit from this company's wide network, which operates across 1,200 franchise locations. This business opportunity requires a substantial initial investment of £90,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Home Instead requires a minimum personal investment of £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.

Lastly, another possibility to consider is Full Circle Funerals Partners. There are four locations open so far, and the network is expanding. An affordable initial investment of £65,000 will enable you to start your own Full Circle Funerals Partners business. In most cases, your personal investment should represent 30 to 50% of the total amount. Full Circle Funerals Partners requires you to personally invest at least £20,000. You could potentially get a loan to cover the remaining costs. Given these low startup costs, this option could be suitable for first-time franchisees. A small premises will also be required to operate this business. Eligible candidates may apply for financial aid. See our website for details.

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. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 new business investment opportunities across a variety of sectors on Point Franchise.

This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.