Senior Care Franchise opportunities to start in Accrington
Investing in Accrington could be your next move
Accrington, located in the North West of England, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Hyndburn area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. We offer a range of realistic new business investment opportunities, so that you can find one you like.
There are 81,000 people living in the Hyndburn area. The most prevalent age group in the population falls within the 40-59 age bracket. The region's average gross annual income of £26,452 is slightly lower than the average income of just over £30,500 across the United Kingdom.
Running a franchise in the Senior Care sector
There are 12 franchises in the Senior Care sector to choose from. Bear in mind that the Personal & Home Care Services sector offers many investment opportunities in addition to those in the Senior Care sector. Have a browse through our four Medical franchise, nine Preschool franchises, 17 Education franchises, 14 Kids & Childrens franchises and three Plumbing franchises to see if any suit your career goals and aspirations. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Hyndburn area, 3,500 people are employed by Health Care businesses.
Three franchise businesses worth reading about
If you're planning to invest in the Senior Care sector, have a look at SylvianCare. This brand is growing, counting three locations across the country. This business requires an initial investment of £62,500. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a SylvianCare business is £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. SylvianCare could be a good option for you, as the company provides comprehensive training and support. Also, if you can't afford the startup costs alone, you may be able to benefit from financial aid.
Hallows Care is another interesting franchise option if you plan to invest in the Senior Care sector. Opening a Hallows Care franchise will require you to invest a minimum of £118,000. At least £34,950 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. By investing in this established brand, you can gain access to expert training and support and could even qualify for financial assistance. Visit our website for details.
Finally, Home Instead could be another good option for you to invest in. Initially established in 2005, this brand has developed a comprehensive support package, drawing on its 15 years of experience in the field. It is now firmly rooted in the market, counting 1,200 franchise outlets. To open your own Home Instead franchise, you will need to invest £90,000, of which at least £30,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. This brand also provides its franchisees with full training and support.
The Senior Care sector currently offers 12 franchising options. At Point Franchise, we have almost 250 franchising opportunities available, giving you plenty to choose from in other sectors as well.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.