Senior Care Franchise opportunities to start in Farnworth
What can Farnworth offer to new businesses?
Farnworth, located in North West England, offers a number of new business investment opportunities, 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 Halton area. Why not have a browse through our range of franchising options? There are opportunities to suit many needs and career objectives.
There are 128,000 people living in the Halton area. Residents aged 40 to 59 years old have the highest concentration in the population. The 2.8% unemployment rate among the 62,400 economically active people in the area is significantly lower than the UK average. Residents of Halton have an annual average income of £26,304. In comparison, the average gross salary in the UK is just over £30,500.
What the Senior Care sector could offer you
There are 12 brands currently recruiting franchisees in the Senior Care sector. If this sector appeals to you, check them out. Multiple brands offer franchise options in other sectors within the Personal & Home Care Services sector. For instance, there are nine Preschool franchises, three Funeral franchises, five Drainage franchises, 11 Handyman franchises and three Photography franchises. You'll find options to suit all kinds of career goals and aspirations. If you want to work in the Health Care sector, you may be interested to know that, in the Halton area, 8,000 people currently work in the industry.
Have a look at three franchise business examples
If you plan to invest in a Senior Care business, you could consider Promedica24. By joining its network of 100 franchisees, you could contribute to this brand's success. Opening a Promedica24 franchise will require you to invest a minimum of £40,000. At least £1,000 of this should come from your own personal investment. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Check out Seniors Helping Seniors, another attractive Senior Care franchise. By joining its network of 300 franchisees, you would become a part of a strong business community. Good to know: you won't need any premises as you can work from home.
As a final example, have a look at Home Instead. First established in 2005, Home Instead has acquired valuable experience in the field in its 15 years since first opening. It is now firmly rooted in the market, counting 1,200 franchise 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 requires a minimum personal investment of £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
There are 12 franchises waiting to be discovered in the Senior Care sector. Point Franchise currently has a total of 236 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.