Senior Care Franchise opportunities to start in Lichfield
Opening a franchise business in Lichfield
If you want to start your own business, you may find that Lichfield has a lot to offer. Several brands are currently recruiting franchisees in the Lichfield area. Keep reading to see if running a franchise could be a good option for you! Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
The Lichfield area has 104,000 residents. When broken down by age range, 60+ year olds represent the largest portion of the population. The gross annual income in Lichfield amounts to £33,360, which is higher than the national average of just over £30,500.
Running a Senior Care franchise business
If you would like to run a Senior Care franchise, you are likely to find one that appeals to you among 12 available across the United Kingdom. Bear in mind that the potential for exciting business ventures in the Personal & Home Care Services sector is not limited to the Senior Care sector. Other available investment opportunities include two Electrical franchises, two Wedding franchises, three Plumbing franchises, nine Home Care franchises and nine Nursery franchises. See if there's one to suit your business goals. In Lichfield, the Health Care sector already provides work for nearly 6,000 people, potentially making this path an ideal one for you, too!
Three franchise business examples
If working in the Senior Care sector appeals to you, take a look at Home Instead. In business since 2005, the brand has gained valuable experience and expertise over the past 15 years. It is now firmly rooted in the market, counting 1,200 franchise outlets. 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. It is thus less appropriate for new investors.
Another option worth considering is Promedica24. By joining its network of 100 franchisees, you could play a part in this brand's success. A reasonable initial investment of £40,000 will enable you to open your own Promedica24 business. In most cases, your personal investment should represent 30 to 50% of the total amount. Promedica24 requires you to personally invest at least £1,000. You could potentially apply for a loan to cover the remaining costs. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Finally, another interesting franchise option is SylvianCare. By joining its three franchises already in operation, you could contribute to this company's expansion. A total of £62,500 is required to open a SylvianCare franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Financial support is available for eligible franchisees. See our website for more information.
There are 12 franchises waiting to be discovered in the Senior Care sector. If you are still not sure which sector best suits your needs, have a look through our selection of almost 250 new business investment opportunities across various sectors on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.