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Financial Projections for HomeCare and Domiciliary Care Franchises

Laying the Foundation for Long-Term Success

Embarking on your journey as a franchisee can be challenging, but with EdenCare by your side, you won’t face these challenges alone. We are committed to guiding you through every step, reducing the financial risks typically associated with starting a business from scratch. Once your franchise is up and running, you can look forward to a bright and prosperous future. With EdenCare’s proven track record and the continued growth of our brand, we anticipate ongoing increases in revenue. While individual franchisee performance plays a significant role in financial outcomes, we will collaborate with you to develop a robust and realistic business model tailored to your success.

Reaping the Rewards of Your Efforts

What kind of earnings can you expect? At EdenCare, half of our franchisees generate annual turnovers exceeding £1 million, with top performers significantly surpassing this figure. An established franchise office typically achieves an operating profit (before franchise owner compensation) of around 12-18%. With just a 0.5% market share of the elderly population in your territory, you could potentially generate annual revenues of £1.1 million. This demonstrates the substantial earning potential within the EdenCare network.

Transparent Fee Structure

For new franchises, the initial franchise fee is £45,000 (excluding VAT), with an ongoing royalty fee of 6.5% (excluding VAT). The total investment required, including working capital and the franchise fee, ranges between £130,000 and £150,000. If you’re considering a resale, the franchise fee is £20,500 (excluding VAT), with the same ongoing royalty fee of 6.5% (excluding VAT). Additional costs will depend on the price of the existing franchise. For more detailed information, please visit our resales page.

Access to Secure Funding

We understand that securing funding is a crucial step in your franchise journey. EdenCare has established strong partnerships with several leading High Street banks, who have a deep understanding of the franchise sector. Thanks to EdenCare’s solid and proven business model, with many successful franchises, these banks are prepared to finance up to 70% of the total investment required for new franchises, and up to 80% for resales. This is a testament to the strength of the EdenCare brand and the exceptional opportunities our franchises offer.

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