Personal & Home Care Services Franchise opportunities to start in Paignton
Is Paignton a good place to become a franchisee?
Have you ever considered opening a franchise in Paignton? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many businesses in the Torbay area are currently recruiting franchisees. With your interests and career goals in mind, have a look at our range of franchising opportunities.
A recent census found that 136,000 people live in Torbay. Residents aged over 60 years old make up the prevalent age group within the population. Torbay has an unemployment rate of 4.1% within its labour force of 59,400 people. This rate is comparable to the national average. In the United Kingdom, the average gross income is close to £31,000; in the Torbay area, it is £23,343.
Could the Personal & Home Care Services sector be the right choice for you?
Are you interested in the Personal & Home Care Services sector? If so, there are 185 available brands to choose from in the UK. We offer five Baby franchises, 18 Child Care franchises, 14 Kids & Childrens franchises, 19 Care franchises and two Security franchises. Have a look at the brands to find out if your perfect match is among them.
Read about these three brands to see what franchise options exist
If you would like to invest in a Personal & Home Care Services business, you could consider Banana Moon. First established in 2010, there are 10 locations open so far, and the network is expanding. To start your own Banana Moon franchise, you will need to invest £60,000, of which at least £47,500 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Have a look at Home Instead. First established in 2005, the company now has 15 years of experience, making it a leader in the field. Franchisees benefit from this brand's wide network, which operates across 1,200 franchise locations. To start your business, you will need an initial investment of £90,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Home Instead, the minimum personal investment is £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
The Personal & Home Care Services sector has many brands worth considering. As a final example, take a look at Mathnasium. The brand's network is made up of 800 franchisees, which increase its exposure. Opening a Mathnasium business requires an affordable initial investment of £77,000. At least £24,000 should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't afford the startup costs alone, you may be entitled to financial assistance. See our website for details.
The Personal & Home Care Services sector offers 185 franchising options. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.