Senior Care Franchise opportunities to start in Leicester
Opening a franchise business in Leicester
If you want to start your own business, you may find that Leicester has a lot to offer. Several brands are currently recruiting franchisees in the Leicester area. Keep reading to see if running a franchise could be a good option for you! Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
Leicester has a population of approximately 355,000 people. When broken down by age group, the 20-39 age range is the most prevalent in the population. The local unemployment rate of 5% is high compared to the UK average of 4%. The local labour force consists of 177,000 people, making up 74.8% of the population. Residents of Leicester have an annual average salary of £23,290. In comparison, the average gross income in the United Kingdom is £30,629.
The Senior Care sector: An interesting opportunity for franchisees
Across the United Kingdom, you will find 12 franchises operating in the Senior Care sector. There are also 18 Child Care franchises, 14 Kids & Childrens franchises, two Wedding franchises, two Security franchises and two Electrical franchises recruiting franchisees in the Personal & Home Care Services sector, alongside the Senior Care options. Have a look to find out whether any fit your career goals and aspirations. In Leicester, the Health Care sector already provides work for nearly 30,000 people, potentially making this path an ideal one for you, too!
Three franchise businesses worth reading about
If you are interested in running a business in the Senior Care sector, read about Home Instead, a brand operating since 2005. Home Instead now has over 15 years of experience under its belt. With a significant network of 1,200 outlets, the brand knows how to support its franchisees. You will need to invest £90,000 to start your own Home Instead business. At least £30,000 of this substantial amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees.
SylvianCare is another interesting brand operating in the Senior Care sector. An initial investment of £62,500 will enable you to start your own SylvianCare business. In most cases, your personal investment should represent 30 to 50% of the total amount. SylvianCare requires you to personally invest at least £30,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Finally, another option worth considering is Promedica24. This brand is developing, counting 100 locations in the United Kingdom. This business requires a reasonable initial investment of £40,000. If you plan on getting 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 Promedica24 business is £1,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance. See our website for details.
If you want to work in the Senior Care sector, the perfect business opportunity could be waiting for you among our 12 available franchises in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.