Personal & Home Care Services Franchise opportunities to start in Lincoln
What can Lincoln offer to new businesses?
Discover the opportunities waiting for you in Lincoln, situated in the East Midlands. On this page you'll find a selection of brands recruiting franchisees in the Lincoln area. Franchising is an opportunity to operate your own business, complete with training and marketing assistance. To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
According to recent census data, 99,000 people live in Lincoln. The majority of the population sits within the 20-39 age range. The 6.1% unemployment rate among the 50,600 economically active people in the area is slightly higher than the national average. For the Lincoln area, the average salary is £24,278, which is lower than the UK average income of just over £30,500.
The Personal & Home Care Services sector and its investment options
There are 185 brands offering franchise options in the Personal & Home Care Services sector. In fact, you can pick from 14 Kids & Childrens franchises, three Plumbing franchises, three Funeral franchises, three Photography franchises and nine Nursery franchises today.
Three brands worth your attention
The Personal & Home Care Services sector offers a range of brands to choose from, including Sherpa Kids. By joining its current 12 franchisees, you would become a part of a growing brand network. You will need an initial investment of £20,000 to start your own Sherpa Kids business. Your personal investment should account for at least £15,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these low startup costs, this option could be suitable for first-time franchisees.
Tutor Doctor is an interesting franchising opportunity in the Personal & Home Care Services sector. First launched in 2003, the company now has 17 years of experience, making it a leader in the field. The brand runs in 500 franchise locations which make up a well-established business community. Starting a Tutor Doctor franchise will require you to invest a minimum of £34,700. At least £33,000 of this should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't afford the startup costs on your own, you could see if you qualify for financial aid.
Right at Home is a third interesting franchise option in the Personal & Home Care Services sector. This brand is expanding, counting 49 locations across the United Kingdom. A total of £120,000, a significant initial investment, is required to open a Right at Home franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. If you can't cover the startup costs on your own, you may qualify for financial aid. See our website for details.
The Personal & Home Care Services sector offers many interesting franchising opportunities, including our 185 franchise options. Point Franchise currently has a total of almost 250 brands recruiting franchisees across a variety of sectors. Have a browse to see which other sectors you might want to invest in.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.