Senior Care Franchise opportunities to start in Whitley Bay
Whitley Bay: A great location to start a business
The franchising possibilities in Whitley Bay, located in the North East of England, 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 find out which brands you could work with in North Tyneside. Why not have a look through our range of franchising options? There are opportunities to suit various needs and career objectives.
The population of North Tyneside is 206,000. Residents in the 40-59 age group make up the largest portion of the population. In terms of employment, the area has a labour force of 102,600 people (80.4%), of which the unemployment rate is 3%. This figure is lower than the average unemployment rate across the United Kingdom. In the UK, the average gross income is just over £30,500; in the North Tyneside area, it is £27,665.
Why the Senior Care sector appeals to franchisees
There are 12 brands offering franchise options in the Senior Care sector. In fact, the Personal & Home Care Services sector as a whole offers a wide variety of franchises to invest in, including 11 Handyman franchises, nine Preschool franchises, two Wedding franchises, two AC franchises and two Security franchises. Check out our available brands to find a potential match.
Here are three examples of franchise businesses
If you're interested in the Senior Care sector, have a look at SylvianCare. By joining its current three franchisees, you would be joining a growing brand network. 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. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
The Senior Care sector has many brands worth considering. Take a look at Home Instead. First established in 2005, Home Instead now has over 15 years of experience under its belt. With a vast network of 1,200 locations, the brand knows how to support its franchisees. You will need to invest £90,000 to begin operating 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. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Finally, Promedica24 is another interesting franchise option if you plan to invest in the Senior Care sector. By joining its 100 franchises already in operation, you could contribute to this company's expansion. To start your own Promedica24 franchise, you will need to invest £40,000, of which at least £1,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. 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 could see if you qualify for financial assistance. See our website for details.
There are 12 franchises waiting to be discovered in the Senior Care sector. You will find a total of close to 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.