Senior Care Franchise opportunities to start in Rotherham
Starting a new business in Rotherham
Located in Yorkshire and the Humber, Rotherham is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising possibilities in Rotherham and take the first step towards running your own business. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.
There are approximately 265,000 people currently living in Rotherham. Residents aged 40 to 59 years old make up the majority of the population. The area has a labour force of 121,500 people, or 75.6% of the total population. The unemployment rate (6%) is high compared to the rest of the UK. For the Rotherham area, the average income is £25,222, which is slightly lower than the national average salary of £30,629.
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 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 nine Preschool franchises, 18 Child Care franchises, 12 Tutoring franchises, two Security franchises and nine Nursery franchises. See if there's one to suit your business goals.
Here are three examples of franchise businesses
Promedica24 is a competitive business operating in the Senior Care sector. The brand is developing, with 100 locations currently in operation, and a desire to expand further. 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 get a loan to cover the remaining costs. 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. An investment in this franchise entitles you to financial aid, if eligible.
Seniors Helping Seniors is an interesting franchising opportunity in the Senior Care sector. The brand has a strong network and good visibility, operating in 300 franchise outlets. Good to know: you won't need any premises as you can work from home. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. See eligibility details on our website.
Lastly, another option to consider is Home Instead. The company has been in business since 2005. Home Instead has gained valuable experience in the field in its 15 years since first opening. A network of 1,200 franchisees promotes the brand's exposure. To start your business, you will need an initial investment of £90,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Home Instead, the minimum personal investment is £30,000. It is thus less appropriate for new investors.
The Senior Care sector offers many interesting investment opportunities, including our 12 franchise options. 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 page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.