Senior Care Franchise opportunities to start in South Shields

Starting a franchise business in South Shields

Discover the business opportunities waiting for you in South Shields, situated in North East England. On this page you'll find a range of brands that could make you a franchisee in the South Tyneside area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. Starting a business should be exciting! Explore our selection of franchising options, starting with the sectors that you feel most passionate about.

South Tyneside has a population of approximately 150,000 people. Residents aged 40 to 59 years old are the most represented in the population. In terms of employment, the region has a labour force of 67,300 people (74.4%), of which the unemployment rate is 8.2%. This figure is slightly higher than the average unemployment rate across the UK. Residents in the area earn £24,834 per year on average. This income is slightly lower than the country's average gross salary, which reaches close to £31,000.

Running a franchise in the Senior Care sector

Are you interested in the Senior Care sector? You're likely to find a franchise worth considering among 12 brands in the UK. This is just one of the sectors you could choose within the Personal & Home Care Services sector. There are also 11 Handyman franchises, five Drainage franchises, two Electrical franchises, 17 Education franchises and 17 Healthcare franchises. Have a look and see if any are a good fit for you. In South Tyneside, the Health Care sector already provides employment for nearly 7,000 people, potentially making this path an ideal one for you, too!

Three brands worth your attention

If you'd like to open your own Senior Care business, Home Instead could be a great option for you. In operation since 2005, Home Instead has proved itself to be a successful business and leader in the field in its 15 years since opening. With a wide network of 1,200 outlets, the brand knows how to support its franchisees. You will need to invest £90,000 to open your own Home Instead business. At least £30,000 of this substantial amount should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.

Another interesting franchising opportunity is Seniors Helping Seniors. The brand operates in 300 franchise locations which make up a well-established business community. Good to know: you won't need any premises as you can work from home. An investment in this franchise entitles you to financial aid, if eligible.

Lastly, Promedica24 could be another good option for you to invest in. There are 100 locations open so far, and the network is expanding. In order to start a Promedica24 business, a reasonable initial investment of £40,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Promedica24 asks for a personal investment of at least £1,000. Given these low startup costs, this option could be suitable for first-time franchisees. You could also receive financial assistance, if eligible. See eligibility details on our website.

The Senior Care sector currently has 12 new business investment opportunities. At Point Franchise, we have almost 250 franchising opportunities available, giving you plenty to choose from in other sectors too.

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