Prestige Nursing (Franchise)
Summary of Operation:
Management franchise in recruitment, specialising in the related fields of homecare services and healthcare staffing.
Ideal Franchise Owner:
Management, business development, energetic, positive, caring and entrepreneurial. No experience in healthcare is necessary.
Training Provided:
Four weeks’ initial then six month induction programme.
Training Location:
Surrey and branch-based.
Support Services:
Central support serices include, invoicing and payroll preparation service, central recruitment administration. Home care specialist knowledge centre and regular business analysis and development reviews.
Year Established: 1945
Year of First Franchise: 1998
Number of Company Outlets: 25
Number of Franchised Outlets: 15
Franchises Planned: 25
Areas of Priority Development: Across the UK.
Overseas Opportunities Exist: n/a
Overseas Opportunities Planned: n/a
Total Cost of Franchise: £120,000 + VAT
Initial Investment: £30000
Management Service Fees Payable: 7.5%
Breakdown of Package: Full start up package including training, stationery, promotional packages, IT equipment and software.
Financial Assistance Available: All major banks.
BFA Member: No
IFA Member: No
| Projected Turnover | Projected Profit |
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Year 1 | £303,000 | £26,506 |
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Year 2 | £557,000 | £61,524 |
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Year 3 | £788,000 | £94,340 |
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