Senior Care Franchise opportunities to start in Sutton Coldfield
Sutton Coldfield: A great location to start a business
Discover the business options waiting for you in Sutton Coldfield, situated in the West Midlands. On this page you'll find a range of brands that could make you a franchisee in the Birmingham area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. Why not have a look through our selection of new business investment options? There are opportunities to suit various needs and career goals.
A recent census found that 1,141,000 people live in Birmingham. The age group with the highest concentration is 20-39. Unemployment in the area (8.8%) is high compared to the UK as a whole (4%). The labour force represents 71.6% of the local population, or 522,400 people. The local income averages £26,786 per year, which is slightly lower than the £30,629 average income in the UK as a whole.
Why Senior Care businesses appeal to franchisees
In the United Kingdom, you will find 12 franchises recruiting in the Senior Care sector. Bear in mind that the Personal & Home Care Services sector offers many investment opportunities in addition to those in the Senior Care sector. Have a browse through our 18 Child Care franchise, three Photography franchises, five Drainage franchises, nine Home Care franchises and two Security franchises to find out if any suit your career goals and aspirations. It may interest you to know that companies in the Birmingham area currently employ 80,000 people in the Health Care sector.
Three franchise business examples
The Senior Care sector has many franchise opportunities available, such as Home Instead, which opened in 2005. The brand has acquired valuable experience and expertise over the past 15 years. 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 typically be required. For Home Instead, the minimum personal investment is £30,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Have a look at Promedica24. By joining its network of 100 franchisees, you could contribute to this brand's success. Starting a Promedica24 business requires a reasonable initial investment of £40,000. If you intend to get a loan to cover the startup costs, Promedica24 asks for a personal investment of at least £1,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make this a good franchising option for first-time franchisees. You may be eligible for financial aid.
Lastly, Seniors Helping Seniors is another interesting franchise option if you plan to invest in the Senior Care sector. The brand's network is significant, counting 300 locations across the UK. Good to know: you won't need any premises as you can work from home. Financial assistance is available for eligible franchisees. See our website for more information.
There are currently 12 franchising opportunities available in the Senior Care sector. If you are still not sure which sector best suits your needs, have a look through our selection of close to 250 new business investment opportunities across different sectors on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.