Personal & Home Care Services Franchise opportunities to start in Margate
Margate and its prospects for new Businesses
Discover the business opportunities waiting for you in Margate, situated in South East England. On this page you'll find a range of brands that could make you a franchisee in the Thanet area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. With your interests and business goals in mind, have a look at our selection of franchising options.
The population of Thanet is made up of 142,000 people. The majority of the population falls within the 60+ age range. The local unemployment rate of 3.8% among 60,400 economically active people, or 74.3% of the population, is in line with the average in the UK. The annual income in the UK is close to £31,000 on average. The people of Thanet earn an average annual salary of £24,959, slightly lower than the country's average.
The Personal & Home Care Services sector and its franchising options
Are you interested in the Personal & Home Care Services sector? You're likely to find a franchise worth considering among 185 brands across the UK. Available franchises include nine Preschool franchises, nine Nursery franchises, two Security franchises, five Gardening & Lawn Care franchises and nine Home Care franchises. The perfect business to suit your career objectives and aspirations might just be among them.
Read about these three brands to see what franchise opportunities exist
Banana Moon is a competitive franchise that has been operating in the Personal & Home Care Services sector since 2010. There are 10 outlets open so far, and the network is expanding. This business requires an initial investment of £60,000. If you plan on getting 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 Banana Moon business is £47,500. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Another interesting investment opportunity is Sherpa Kids. This brand is expanding, counting 12 locations in the UK. This business opportunity requires a reasonable initial investment of £20,000. 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. Sherpa Kids requires a minimum personal investment of £15,000. These low startup costs make this a good franchising option for first-time franchisees. By investing in this franchise, you may qualify for financial support.
Finally, Jackson Fire and Security, open since 2014, is another interesting option. By joining its network of 10 franchisees, you could contribute to this up-and-coming brand's success. In order to start a Jackson Fire and Security business, an initial investment of £69,500 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Jackson Fire and Security asks for a personal investment of at least £39,500. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial assistance can be given in some circumstances. See our website for more information.
If you are thinking about opening a franchise business in the Personal & Home Care Services sector, you might be interested to browse our 185 available brands. On Point Franchise, there is plenty of choice in other sectors as well. We have almost 250 new business investment opportunities in total to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.