Personal & Home Care Services Franchise opportunities to start in Stoke-on-Trent
Starting a franchise business in Stoke-on-Trent
Stoke-on-Trent, located in the West Midlands, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Stoke-on-Trent area. Browsing our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
There are 256,000 people in the Stoke-on-Trent area. Residents aged 20 to 39 years old have the highest concentration in the population. The labour force constitutes 75.8% of the population, or approximately 120,500 people. The region has an unemployment rate of 4.3% which is in line with the UK average of 4%. Residents of Stoke-on-Trent have an annual average income of £25,185. In comparison, the average gross salary in the United Kingdom is just over £30,500.
Why choose to open a business in the Personal & Home Care Services sector?
There are 185 UK-based franchises available in the Personal & Home Care Services sector. Could your ideal business be among our nine Nursery franchises, two AC franchises, two Electrical franchises, four Medical franchises and three Photography franchises? Have a look to find out.
Three franchise business examples
There are many interesting franchising options in the Personal & Home Care Services sector. Take Jackson Fire and Security for example, a brand that was first established in 2014. This brand is expanding quickly, counting 10 locations in the UK. This business requires an initial investment of £69,500. 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 Jackson Fire and Security business is £39,500. Due to the higher startup costs, this option is not recommended for first-time franchisees. You could also receive financial assistance, if eligible.
Take a look at Tutor Doctor. Launched in 2003, Tutor Doctor now has over 17 years of experience under its belt. The brand's network is made up of 500 franchisees, which increase its visibility. Opening a Tutor Doctor business requires an initial investment of £34,700. At least £33,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible.
Finally, another option to consider is Full Circle Funerals Partners. By joining its network of four franchisees, you could play a part in this brand's success. To open your own Full Circle Funerals Partners franchise, you will need to invest £65,000, of which at least £20,000 should be your own personal investment. You could get a loan to help cover the remaining startup 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. By investing in this established brand, you could qualify for financial aid. See our website for details.
The Personal & Home Care Services sector offers many interesting investment opportunities, including our 185 franchise options. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a variety of sectors to help you find your perfect business opportunity.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.