Our franchise offices in the UK are extremely successful and have enjoyed sustained growth.
An increasing number of our franchise owners report turnover levels in excess of £1,000,000 per annum, some are achieving in excess of £2,000,000 per annum.
Based on the experience of Home Instead Senior Care in other countries, we anticipate that as our brand becomes more established, the potential exists to significantly increase revenues beyond this achievement. We would expect an established office to achieve an operating profit (before franchise owner earnings and finance costs) of c.15-20%.
A market share of less than 1% of the older people in your territory can potentially produce annual revenues of £1,500,000 per annum.
Please note that we are unable to guarantee any level of financial achievement, as individual franchisee performance will have a significant influence on the success of the franchise. We will work with you to develop a detailed business model for your chosen franchise area.
For a new franchise our franchise fee is £41,000 (ex. VAT) with an ongoing royalty fee of 6.5% (ex. VAT).
We anticipate that the total investment required is in the region of £90,000 to £110,000 which includes working capital and the franchise fee. We have established relationships with high street banks that will look to fund up to 70% of the total investment required.
If you are considering a resale then the franchise fee is £20,500 (ex. VAT) with an on going royalty fee of 6.5% (ex. VAT).
This will be additional to the price the current franchise owner is selling their business for. We have a number of resales available throughout the UK. See our Resales.
The banking partners we work with will look to fund up to 80% of the total investment over a longer period of time for a resale – which is a great testament to the brand and the opportunity.