Senior Care Franchise opportunities to start in Burnley

Starting a new business in Burnley

Burnley, located in North West England, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Burnley area. We offer a number of realistic new business investment opportunities, so that you can find one you like.

Recent figures show that Burnley has a population of 89,000 residents. Residents aged 40 to 59 years old are the most represented in the population. The economically active population in Burnley amounts to 39,600 people, with an unemployment rate of 5.7%. This rate is slightly higher than the national average. Across the UK, the annual gross salary is close to £31,000 on average. In the area of Burnley, it is £26,621.

Investment options in the Senior Care sector

If you would like to run a Senior Care franchise, you are likely to find one that interests you among 12 available across the UK. 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 look through our 17 Healthcare franchise, five Drainage franchises, five Baby franchises, 11 Handyman franchises and four Medical franchises to find out if any suit your career goals and aspirations. If you would like to work in the Health Care sector, you may be interested to know that, in the Burnley area, 7,000 people currently work in the industry.

Have a look at three franchise business examples

SylvianCare is a competitive business operating in the Senior Care sector. To start your own SylvianCare franchise, you will need to invest £62,500, of which at least £30,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. Financial assistance is available for eligible franchisees.

Another brand worth considering is Promedica24. The brand is expanding, with 100 locations already in operation, and a desire to expand further. You will need to invest £40,000 to open your own Promedica24 business. At least £1,000 of this reasonable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for more information.

As a final Senior Care franchise option, take a look at Home Instead. Launched in 2005, Home Instead has acquired valuable experience in the field in its 15 years since first opening. The brand has grown over time and now operates in 1,200 different locations. Starting a Home Instead business requires a significant initial investment of £90,000. If you intend to get a loan to cover the startup costs, Home Instead asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees.

If working in the Senior Care sector appeals to you, check out our 12 available franchising options in the sector. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.

This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.