Senior Care Franchise opportunities to start in Middleton
Middleton is an attractive town to invest in
Middleton, located in Scotland, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Argyll and Bute area. Have a look at our various franchising options to discover the sectors and brands that most appeal to you.
The Argyll and Bute area has a population of 86,000 people. The majority of the population sits within the 60+ age range. The local unemployment rate of 3.3% is below par compared to the UK average of 4%. The local labour force consists of 38,500 people, representing 77.1% of the population. Residents in the area earn £22,362 per year on average. This income is lower than the country's average gross salary, which reaches close to £31,000.
Why open a business in the Senior Care sector?
There are 12 UK-based franchises available in the Senior Care sector. The Senior Care sector is just one example of the options available in the Personal & Home Care Services sector. Other opportunities include two Security franchises, 17 Education franchise, nine Nursery franchises, 11 Handyman franchise and 19 Care franchise. Have a look, the perfect business opportunity for you could be a few clicks away. In Argyll and Bute, the Health Care sector already provides employment for nearly 5,000 people, potentially making this path an ideal one for you, too!
Three franchise business examples
If you like the idea of opening a business in the Senior Care sector, SylvianCare could be an option for you. There are three location open so far, and the network is expanding. To start your own SylvianCare franchise, you will need to invest £62,500, of which at least £30,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. It is thus less appropriate for new investors. If you can't cover the startup costs on your own, you may qualify for financial aid.
The Senior Care sector has many brands worth considering. Check out Home Instead. In business since 2005, the company now has 15 years of experience, making it a leader in the field. A network of 1,200 franchisees promotes the brand's visibility. In order to open a Home Instead business, a substantial initial investment of £90,000 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. Home Instead requires a personal investment of at least £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Lastly, Seniors Helping Seniors is another interesting brand operating in the Senior Care sector. Good to know: you won't need any premises as you can work from home. An investment in this franchise entitles you to financial assistance, if eligible. Visit our website for more information.
The Senior Care sector offers 12 franchising options. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.