Senior Care Franchise opportunities to start in Wigan
Why should you invest in Wigan?
If you're interested in running your own business in Wigan, located in the North West of England, you should look at franchising options. Several brands are currently recruiting in the Wigan area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. We offer a range of realistic new business investment possibilities, so that you can find one you like.
A recent census found that 326,000 people live in Wigan. The age group with the highest concentration is 40-59. The area has 161,600 economically active people, representing 79.5% of the population, with an unemployment rate of 2.9%. This rate is significantly lower than the country's 4% national average. For the Wigan area, the average salary is £26,009, which is slightly lower than the national average income of £30,629.
Why open a business in the Senior Care sector?
There are 12 brands currently recruiting franchisees in the Senior Care sector. If this sector appeals to you, check them out. In addition to the business opportunities in the Senior Care sector, the Personal & Home Care Services sector offers five Drainage franchises, nine Preschool franchises, nine Nursery franchises, two Electrical franchises and three Photography franchises. Have a look at the brands to see if your perfect match is among them.
Three franchises that could interest you
Seniors Helping Seniors is an interesting business operating in the Senior Care sector. Good to know: you won't need any premises as you can work from home. By investing in this franchise, you may be eligible for financial assistance.
Take a look at Home Instead, another competitive Senior Care franchise that launched in 2005. The company is now mature and a leader within the sector, having expanded its franchise network for 15 years. The brand has grown over time and now operates in 1,200 different locations. This business opportunity requires a substantial initial investment of £90,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Home Instead asks for a minimum personal investment of £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
As a final example, check out SylvianCare. By joining its three franchise already in operation, you could contribute to this brand's expansion. Opening a SylvianCare business requires an initial investment of £62,500. If you plan on getting a loan to cover the startup costs, SylvianCare asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. If eligible, you might be able to benefit from financial aid. Visit our website for more information.
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 almost 250 franchising opportunities across a variety of sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.