Senior Care Franchise opportunities to start in Hinckley
What can Hinckley offer to new businesses?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our selection of brands in Hinckley, located in the Hinckley and Bosworth area in the East Midlands, where many companies are currently recruiting. There are a number of new business investment opportunities available based on your budget and career goals. Have a look to find the brand that appeals to you most.
A recent census found that 112,000 people live in Hinckley and Bosworth. The most prevalent age range in the population is 40 to 59 years old. The community has 60,800 economically active people, representing 91.0% of the population, with an unemployment rate of 3.7%. This rate is in line with the country's 4% national average. With an average gross annual income of £27,471, salaries in Hinckley and Bosworth are slightly lower than the average income of close to £31,000 across the UK.
Have you considered the Senior Care sector?
Are you interested in the Senior Care sector? You're likely to come across a franchise worth considering among 12 brands in the United Kingdom. The Senior Care sector is a part of the Personal & Home Care Services sector. Other brands recruiting in this industry include 17 Education franchises, nine Preschool franchises, two Electrical franchises, 14 Kids & Childrens franchises and three Funeral franchises. Among these franchising options, there will likely be one that fits your career goals and aspirations. You may be interested to know that businesses in the Hinckley and Bosworth area currently employ 3,500 people in the Health Care sector.
Three franchise businesses worth reading about
There are many interesting franchising possibilities in the Senior Care sector. Take Promedica24 for example. By joining its current 100 franchisees, you would become a part of a growing brand network. An affordable initial investment of £40,000 will enable you to start 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. Given these low startup costs, this option could be suitable for first-time franchisees. Eligible candidates may apply for financial assistance.
Another option to consider is Home Instead. The brand first opened in 2005. Home Instead now has over 15 years of experience under its belt. Franchisees benefit from this company's wide network, which operates across 1,200 franchise locations. 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, another option worth considering is SylvianCare. By joining its three franchises already in operation, you could contribute to this brand's expansion. This business opportunity requires an initial investment of £62,500. 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. SylvianCare requires a minimum personal investment of £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
If you are interested in the Senior Care sector and want to discover more franchising options, have a look at the 12 brands available in this sector. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect business 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.