The Everycare UK Franchise Opportunity!
Everycare UK is an established, highly successful Domiciliary Care and Nursing business that provides the highest quality of health and social care through tailor made services for their clients. Due to the remarkable success of the pilot Everycare business in 1993, with a first-year turnover of over half a million GBP, the franchise was launched in 1994. The network has grown to 21 offices, with several having annual turnovers in excess of £2million.
What Does Everycare Do?
Everycare UK prides itself in providing health and social care staff to private and Local Authority service users in the privacy of their own homes. They also offer qualified Nursing staff to public and private sector organisations, and have a tried and tested business system that successfully develops and takes care of administration of these services.
The domiciliary care and Nursing services markets are flourishing, and in the UK are estimated to be in excess of £18 billion annually. These markets have also remained generally unaffected during economic swings, since government policy encourages people to remain at home as long as possible. It is estimated that between 400,000 and 500,000 additional people in the UK will require privately funded care as a result of the latest changes the government intends to make to Social Care funding over the next few years.
The domiciliary care side of the business requires the franchisee to recruit a team of health and social care assistants (home carers) that can provide support services to clients so they have a better quality of life in their own home.
The Nursing agency service allows Everycare franchisees to supply Nurses (either Qualified or un-qualified) to hospitals, care homes, industry, and private service users and contractors. By providing fully trained Nurses registered with the Nursing & Midwifery Council means clients are getting reliable service. With the growing population of older UK residents, Everycare UK ensures that they are not only “adding years to life,” but also focuses on the “quality of those years.”
Timing is everything!
As with every industry there are good and bad times. In the case of the care market this is not driven by a lack of work as there is always a demand for our service, however, recruitment of staff has traditionally been our biggest challenge.
This is why we have only chosen to actively franchise when we believe the market will give our new franchisees the very best chance of success. In these difficult times, as many businesses struggle to survive and are laying off their staff, we recognize that this is one of those times. As a result we are now actively looking for people who like us can see when the time is right!
The Everycare UK Franchise Package
This comprehensive package includes:
- A comprehensive initial 2-week training course at the Head Office and Premier Franchisees Offices, which will cover all aspects of the business operation and ensure a fast start to the business.
- Dedicated pre-launch support from a Premier franchisee.
- Premier franchisee mentoring for the first 12 months.
- A branded computer with operational software, manuals and accounts & payroll package.
- Training for operators on the operation and use of software.
- Hosted email service.
- Complete business stationery and marketing package.
- Staff training materials.
- Full assistance with government registration and accreditation with local purchasers.
- Active assistance with advertising for and recruiting key personnel (i.e. Care Manager/Nurse Manager).
- Advice and help on sourcing premises for the office.
- Support with recruitment of initial care and Nursing staff.
- Initial stock of Staff Uniforms.
- A large, market leading, exclusive territory with a population of at least 300,000.
- Local marketing advice and promotional materials.
- The lowest ongoing fee in the industry of 4% which reduces with turnover to 2% and is capped.
- A 10-year license agreement. (Free to renew)
What Kind of Support Do I Get?
The Everycare team ensures that franchisees get the support they need to establish their own domiciliary care and Nursing business. Our Head Office support team is experienced in the administration of day-to-day operations, and will be instrumental in helping make sure your business is a success. With guidance on marketing, setting up initial contracts, as well as ongoing staff training and Internet and telephone support during office hours, you will never feel alone!
Uniquely, you will also receive dedicated support from an experienced Premier franchisee. They will be available, along with head office, to help with the recruitment of your key personnel and of your initial care and Nursing staff to ensure that your business gets off to a fast start.
There are biannual franchisee conferences (some are held abroad) and continual support from other franchisees will also benefit your new business.
What Is My Role with Everycare?
As a franchisee, you will have a management and administrative role. Your responsibilities include: recruitment of staff to deliver the exceptional care services you provide, organising the workforce, dealing with customers, marketing the business and performing HR functions. The franchisee will also be responsible for training and staff development, and this will include interesting day-to-day experiences and challenges!
What Kind of Investment Do I Need to Make?
The franchise package costs £24,950 + VAT. The total investment required will generally be around £100,000 depending on personal drawing requirements, which includes the franchise fee, all start-up costs (including set-up, equipping an office, initial marketing etc.) and necessary cash flow. Funding is available through both Lloyds TSB and Nat West (Security will normally be required) although other forms of funding are also available and this can be discussed with your premier franchisee.
A typical offices second year profit would be a turnover of £403,747. Total costs including staff wages and all overheads £322,826 and a net profit of £80,921. N.B. this is based on an existing franchisee audited accounts for their first full accounting year.
The Next Step
You don’t need a care background to join the Evercare’s UK Franchise Network. Although a background in social work, Nursing or residential care management would be helpful, it is not necessary as many of our existing franchisees are from very diverse backgrounds. If you are an entrepreneur, administrator or business person that wants to invest in the health and social care market with good organisational and interpersonal skills, Everycare is waiting to hear from you!
Initial Franchise Fee: £25,000 + VAT
Royalty Rate: 4% – 2%