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

Year 1£303,000£26,506
Year 2£557,000£61,524
Year 3£788,000£94,340