Senior Care Franchise opportunities to start in Wakefield
What can Wakefield offer to new businesses?
The franchising opportunities in Wakefield, located in Yorkshire and the Humber, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to discover which brands you could work with in West Yorkshire Met County. We offer a number of franchises to suit various budgets and career goals. Have a look at our selection of businesses and sectors to see what might suit you.
The population of West Yorkshire Met County is 2,320,000. The age group with the highest concentration is 20-39. The local unemployment rate of 4.6% is high compared to the national average of 4%. The local labour force consists of 1,100,200 people, representing 75.8% of the population.
What the Senior Care sector could offer you
If the idea of running a business in the Senior Care sector appeals to you, have a look at the 12 brands currently recruiting franchisees in the sector. The Senior Care sector is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include five Drainage franchises, two Wedding franchises, three Funeral franchises, 11 Handyman franchises and 19 Care franchises. See if any catch your eye.
Three franchise business examples
In business since 2005, Home Instead is a competitive brand operating in the Senior Care sector. The company now has 15 years of experience, making it a leader in the field. The brand has grown over time and now operates in 1,200 different locations. You will need an initial investment of £90,000 to open your own Home Instead business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Take a look at SylvianCare, another attractive Senior Care franchise. By joining its three franchises already in operation, you could contribute to this brand's expansion. In order to open a SylvianCare business, an initial investment of £62,500 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. SylvianCare requires a personal investment of at least £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Finally, if the Senior Care sector appeals to you, Promedica24 is another option you could consider. By joining its current 100 franchisees, you would be joining a growing brand network. This business requires an affordable initial investment of £40,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Promedica24 business is £1,000. These low startup costs make this a good franchising option for first-time franchisees. If you can't cover the startup costs on your own, you may qualify for financial assistance. See our website for details.
Eager to read more about business opportunities in the Senior Care sector? Check out our 12 available options. Point Franchise has 236 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.