Resale
South West
Price:
£550,000 plus £20,500+VAT Franchise Fee
Revenue:
Annual Turnover: £1,318,000
EBITDA:
2024: £111,088
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Home care franchises for resale
Is a resale right for you?
If starting a completely new franchise doesn’t appeal to you, but you still like the idea of being a Home Instead franchisee, a resale is the ideal solution. Buying an existing franchise allows you to start with an established office and use your skills to build on its success.
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Funding a resale
When buying a resale franchise there will already be a viable business in place so you will be able to see the potential rewards before you purchase. The sale price of a franchise office will vary from territory to territory depending on a range of factors, so you will need to ensure you can fund a purchase. Home Instead can assist you regarding funding by utilising our close relationship with banks who understand the franchise sector, as well as supporting you after the resale is complete.
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Resale process
Taking the first steps in a new venture like this can be intimidating. We’ve tried to make the franchise resale process as easy as possible for prospective franchisees. Home Instead will support you throughout the process and will provide you with initial induction support to get you started on owning and running your own franchise.
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Find a resale near you
For some entrepreneurs, taking over an established business is more desirable than a start-up. A resale opportunity aligns perfectly with individuals who aspire to join our mission, ‘to change the face of aging,’ while benefiting from an existing team, office infrastructure, and a well-established organisational structure. Just as we are committed to ensuring that high-quality home care is accessible to all who require it, we understand that aspiring franchisees may find their ideal path through a pre-established venture. This approach allows them to step into a role that already embodies our mission and values, providing a unique opportunity to contribute to our vision with an established support network, office space, and operational framework in place.
- Resale
South West
Price:
£250,000 plus £20,500+VAT Franchise Fee
Revenue:
Annual Turnover: £620,000
EBITDA:
3.34x £74,883 EBITDA
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- Resale
South East
Price:
£290,000 plus £20,500+VAT Franchise Fee
Revenue:
Annual Turnover: £803,763
EBITDA:
2.65x £129,974 EBITDA
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- Resale
South West
Price:
£1,750,000 + £20,500+VAT Franchise Fee
Revenue:
£2,300,000
EBITDA:
2025 predicted: £396,480
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- Resale
East Of England
Price:
£190,000 plus £20,500+VAT Franchise Fee
Revenue:
Annual Turnover: £403,340
EBITDA:
EBITDA 2021 £60,045
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- Resale
South East
Price:
£199,000 plus £20,500+VAT Franchise Fee
Revenue:
Actual turnover for 2023 - £502,727
EBITDA:
EBITDA 2023 £52,361
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- Resale
West Midlands
Price:
£195,000 plus £20,500+VAT Franchise Fee
Revenue:
£573,000
EBITDA:
2024 £43,777
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- Resale
East Midlands
Price:
£320,000 plus £20,500+VAT Franchise Fee
Revenue:
£777,661
EBITDA:
2024 - £136,689
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FAQ's
Why do resale franchises become available fairly frequently?
Home Instead has been established for many years in the UK. This means that some franchise owners have reached the stage where they want to retire, whilst others might have to move on due to a change in their circumstances. Resales are a healthy part of franchising. An established franchisor will typically have 10% of their network for sale at any point.
What skills are needed to run a resale franchise?
A resale franchisee needs to have strong people and leadership skills, with evidenced experience in managing businesses and/or large teams. You’ll be able to identify and resolve business issues and see potential for growing your business and developing your team.
Is there growth potential with a resale?
Yes, because new franchisees often have new ideas and different experiences to draw upon. We ensure every franchise is a viable proposition and we often see a growth spurt once a new franchisee is in place. You can also develop your service offering over time by including options such as Parkinson’s and live-in care.
Why should I choose Home Instead for a franchise in the care sector?
Our services have been tried and tested over many years, so we already have all the ingredients of a successful care business. You’ll benefit from a big international brand with services you can offer on a local level. Home Instead is a national and international thought leader within the home care sector. We’re a driving force in influencing policy on the provision of quality elderly home care.
But even more than all of this, you’ll become part of a family that focuses on relationship-led care. This involves the development of a strong, two-way bond between your Care Professionals and their clients. Both sides are carefully matched beforehand, taking into account their background, culture, hobbies and interests. Unlike other companies, our Care Professionals don’t wear uniforms, as we don’t want to create any barriers to the relationship.
Another particular strength of our approach is that visits last for at least an hour to ensure that we can provide proper, quality care. And this model has been endorsed by both our clients and our Care Professionals.
What ongoing support will I get from the National Office?
With a franchise resale, you’ll enjoy all the support you’d get if you were starting a brand new franchise. That includes all the help and advice you need to establish and grow a successful business. After the initial induction, you’ll receive tailored support over a period of 180 days. National Office will continue to provide you with support throughout your life as a franchisee. This will cover every aspect of your business – including marketing, IT, care quality, legal aspects and accounting.