Senior Care Franchise opportunities to start in Coalville
Coalville: A great location to start a business
Coalville, located in the East Midlands, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the North West Leicestershire area. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career objectives.
The North West Leicestershire area has a population of 102,000 residents. The most prevalent age group in the population is 40 to 59 years old. The economically active population in North West Leicestershire amounts to 48,100 people, with an unemployment rate of 6.2%. This rate is slightly higher than the national average. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £28,742, residents of North West Leicestershire have a slightly lower salary than the national average.
Could the Senior Care sector be the right choice for you?
There are 12 brands currently recruiting franchisees in the Senior Care sector. If this sector appeals to you, check them out. The Senior Care sector is part of the Personal & Home Care Services sector, which also offers 17 Education franchises, five Baby franchises, two AC franchises, two Security franchises and 19 Care franchises. The perfect business to suit your career goals and aspirations might just be among them.
Three examples of available franchise business opportunities
If you'd like to open your own Senior Care business, Seniors Helping Seniors might be a great option for you. The brand's network is made up of 300 franchisees, which promote its exposure. Good to know: you won't need any premises as you can work from home. If eligible, you might be able to benefit from financial aid.
The Senior Care sector has many brands worth considering. Check out Home Instead. In business since 2005, Home Instead has gained valuable experience in the sector in its 15 years since first opening. With a significant network of 1,200 outlets, the brand knows how to support its franchisees. This business opportunity requires a substantial initial investment of £90,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Home Instead requires a minimum personal investment of £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Promedica24 is a third interesting investment opportunity in the Senior Care sector. This brand is expanding, counting 100 locations in the UK. You will need to invest £40,000 to open your own Promedica24 business. At least £1,000 of this affordable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees.
The Senior Care sector offers 12 franchising options. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we have a total of 236 franchising opportunities to help you find the right fit.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.