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Become a Team24 Care Franchise Partner
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Phone : 020 3916 5105
Email : franchise@team24care.co.uk
Location : Unit 415e, Margaret Powell House, 401 Midsummer Boulevard, Milton Keynes, MK9 3BN.
What is the cost to become a Team24 Care franchisee?
The company also charges a management support fee (MSF) of 5% (plus VAT).
Built on care
Initial Training
Before the launch of your business, our experienced team will provide support to help you navigate essential setup tasks including CQC registration, securing suitable premises, and recruiting your Registered Manager. Additionally, we place emphasis on marketing and networking during this stage.
Ongoing Training
Built on care
Initial Training
Before the launch of your business, our experienced team will provide support to help you navigate essential setup tasks including CQC registration, securing suitable premises, and recruiting your Registered Manager. Additionally, we place emphasis on marketing and networking during this stage.
Ongoing Training
How much does it cost to become a Team24 Care franchisee?
The franchise fee is £20,500 plus VAT, in addition to a franchise license fee of £6,000 plus VAT. It is recommended that potential franchisees have at least £20,000 in available liquid capital. Financing options may be pursued through various high street banks, subject to their approval. Alternatively, qualified individuals may be eligible for the Government-backed Business Start-Up Scheme, which offers the opportunity to borrow up to £25,000 without requiring personal investment. This borrowing limit is doubled if the business has two directors.
The company also charges a management support fee (MSF) of 5% (plus VAT).
Empowering Highly Successful Businesses
- An exclusive franchise territory
- Sales and marketing support, including a marketing literature pack
- Professional guidance to secure financing, if needed
- Ongoing support, training and development package
- Assistance with staff recruitment and training
- The Team24 Care management system
- Support with CQC Registration
- Assistance with premises
- Collaborative business support with regular operational review meetings.
- Professional business planning
Your Next Step: A Conversation That Can Change Lives
Team24 Franchise Fees Structure
Many leading high street banks have specialised franchise teams that can effectively meet your funding needs. Since franchise failure rates are as low as 1% per year, these banks are generally more willing to lend to potential franchisees compared to those seeking to start independent businesses.
Starting your own business can be an exciting journey, and support is available throughout.
For £10,000 plus VAT, a comprehensive package includes:
- Unique territory for franchisees
- Detailed Operations Manual
- Comprehensive training (induction and refresher sessions)
- Ongoing support from Head Office
- Complete branded stationery pack
- Dedicated telephone number and email address
- Optimised web page
- Professionally designed leaflets
- The aim is to empower entrepreneurs and help make their business dreams a reality.
Monthly Service Fees
Team24 Care offers competitive service fees designed to enhance your chances of success. The first three months of trading are completely free, and service fees of £200 + VAT will only be charged starting from the 4th month. After your first year, fees will rise to £300 + VAT per month or 5% of your revenue, whichever is higher. Discounts may be available when you reach your performance targets.
It is crucial to understand that funding depends on creating a detailed business plan and varies according to individual circumstances. Franchisees following the Team24 Care operational model can expect to achieve a respectable net profit within their first year of operation. Team24 Care offers a compelling investment opportunity, with potential for business growth through team recruitment and expansion into multiple territories, ultimately making it a valuable asset for sale.
