Senior Care Franchise opportunities to start in Washington

Washington and its prospects for new Businesses

If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Washington, situated in the North East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Sunderland area. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.

Approximately 277,000 people currently live in Sunderland. The majority of the population sits within the 40-59 age range. In terms of employment, the region has an economically active population of 130,000 people (74.5%), of which the unemployment rate is 7.1%. This figure is slightly higher than the average unemployment rate across the United Kingdom. Sunderland has an average annual salary of £24,167. This salary is lower than the rest of the UK, which has an average income of close to £31,000.

Could the Senior Care sector be the right choice for you?

Are you interested in the Senior Care sector? If so, there are 12 available franchises to choose from across the UK. Many brands offer franchise options in other sectors within the Personal & Home Care Services sector. For instance, there are 17 Healthcare franchises, two Security franchises, four Medical franchises, 11 Handyman franchises and 17 Education franchises. You'll find opportunities to suit many different career goals and aspirations.

Take a look at these three business examples

If you would like to invest in a Senior Care business, you could consider SylvianCare. The brand is developing, with three outlets already in operation, and a desire to expand further. You will need to invest £62,500 to start your own SylvianCare business. At least £30,000 of this should come from your own personal investment. It is thus less appropriate for new investors. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.

You could also consider Seniors Helping Seniors. The brand operates in 300 franchise locations which make up a strong business network. Good to know: you won't need any premises as you can work from home. If eligible, you might be entitled to financial aid. Visit our website for more information.

Lastly, another brand worth considering is Home Instead. First launched in 2005, the company is now mature and a leader within the sector, having expanded its franchise community for 15 years. Franchisees benefit from this company's wide network, which operates across 1,200 franchise locations. You will need to invest £90,000 to start running your own Home Instead business, which is a substantial initial investment. Your personal investment should account for at least £30,000 of the total amount. It is thus less appropriate for new investors.

The Senior Care sector offers many interesting investment opportunities, including our 12 franchise options. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across a variety of sectors. Enjoy exploring your options.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.