Senior Care Franchise opportunities to start in Redcar
Opening a franchise business in Redcar
Located in North East England, Redcar is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising opportunities in Redcar and Cleveland and take the first step towards managing your own business. If you already know which line of work you'd like to pursue, explore our franchise options in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit many different interests and career objectives.
The Redcar and Cleveland area has a population of 137,000 residents. The most prevalent age group in the population is over 60 years old. The 5.5% unemployment rate among 57,500 economically active people in the area is slightly higher than the national average. The gross annual income in Redcar and Cleveland amounts to £23,062, which is lower than the national average of just over £30,500.
Why the Senior Care sector appeals to franchisees
If you want to run your own business in the Senior Care sector, the good news is that there are 12 franchises currently recruiting new franchisees across the country. The Senior Care sector is a part of the Personal & Home Care Services sector. Other brands recruiting in this industry include 11 Handyman franchises, three Photography franchises, two AC franchises, two Security franchises and nine Preschool franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations. If you're keen on the Health Care sector, you may want to consider how many people already work in the industry. In Redcar and Cleveland, Health Care businesses currently employ 5,000 people.
Read about these three brands to see what franchise opportunities exist
If you like the idea of opening a franchise in the Senior Care sector, Seniors Helping Seniors could be an option for you. 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. If eligible, you might be able to benefit from financial assistance.
If the Senior Care sector appeals to you, SylvianCare is another option you could consider. By joining its three franchises already in operation, you could contribute to this company's expansion. This business opportunity requires an initial investment of £62,500. 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. SylvianCare requires a minimum personal investment of £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Lastly, another brand worth considering is Promedica24. There are 100 locations open so far, and the network is expanding. You will need an initial investment of £40,000 to open your own Promedica24 business. Your personal investment should account for at least £1,000 of the total amount. You may want to think about getting a loan to open a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees. When investing in this franchise, you could be eligible for financial aid. See our website for more information.
If working in the Senior Care sector appeals to you, check out our 12 available franchising options in the sector. If you're curious about franchising opportunities in other sectors, Point Franchise has 236 brands to choose from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.