Senior Care Franchise opportunities to start in Shrewsbury
Shrewsbury and its prospects for new Businesses
Shrewsbury, located in the West Midlands, 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 Shropshire area. We offer a range of realistic new business investment opportunities, so that you can find one you like.
The Shropshire area has a population of 320,000 people. Residents aged over 60 years old make up the majority of the population. The area has 151,100 economically active people, representing 82.9% of the population, with an unemployment rate of 2.7%. This rate is significantly lower than the country's 4% national average. The United Kingdom's annual average income is just over £30,500. Salaries in Shropshire are slightly lower in comparison, averaging £28,225 a year.
Why the Senior Care sector appeals to franchisees
If you wish to run a Senior Care franchise, you are likely to find one that appeals to you among 12 available across the United Kingdom. The Senior Care sector is part of the Personal & Home Care Services sector which offers a wide selection of interesting options. These include three Funeral franchises, two Electrical franchises, 11 Handyman franchises, three Plumbing franchises and five Gardening & Lawn Care franchises. See if any catch your eye.
Three franchises that could interest you
The Senior Care sector has many franchise options available, such as Seniors Helping Seniors. The brand's network is significant, counting 300 locations across the country. 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 aid.
SylvianCare is an interesting franchising opportunity in the Senior Care sector. This brand is expanding, counting three outlets across the UK. This business requires an initial investment of £62,500. If you intend to get 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 open a SylvianCare business is £30,000. It is thus less appropriate for new investors.
Lastly, check out Home Instead, another interesting Senior Care franchise that launched in 2005. The company now has 15 years of experience, making it a leader in the field. A network of 1,200 franchisees promotes the brand's exposure. Opening a Home Instead franchise will require you to invest a minimum of £90,000. At least £30,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
If you are interested in the Senior Care sector and would like to discover more franchising opportunities, have a look at the 12 brands available in this sector. At Point Franchise, we are proud to offer almost 250 franchise options across different sectors, helping you find the perfect business opportunities for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.