Senior Care Franchise opportunities to start in Northampton
Why should you invest in Northampton?
The franchising options in Northampton, located in the East Midlands, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in Northampton. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
The Northampton area has a population of 225,000 residents. Residents in the 20-39 age group make up the largest portion of the population. The region has 120,300 economically active people, representing 83.0% of the population, with an unemployment rate of 5.1%. This rate is slightly higher than the country's 4% national average. The region's average gross annual income of £29,501 is in line with the average income of close to £31,000 across the United Kingdom.
Investment opportunities in the Senior Care sector
Across the United Kingdom, you will find 12 franchises operating in the Senior Care sector. Many brands offer franchise options in other sectors within the Personal & Home Care Services sector. For instance, there are nine Nursery franchises, four Medical franchises, 17 Healthcare franchises, two AC franchises and nine Home Care franchises. You'll find opportunities to suit many different career objectives and aspirations. Interesting fact: companies in Health Care employ 21,000 people in the Northampton area. This could be your opportunity to start a successful business of your own!
Here are three examples of franchise businesses
There are many interesting franchising possibilities in the Senior Care sector. Take Seniors Helping Seniors for example. The brand runs in 300 franchise locations which make up a well-established business network. Good to know: you won't need any premises as you can work from home. By investing in this established brand, you could be eligible for financial assistance.
Another possibility to consider is Home Instead. The company first began operating in 2005. The brand is now mature and a leader within the sector, having expanded its franchise community for 15 years. The brand has developed over time and now operates in 1,200 different locations. You will need an initial investment of £90,000 to open your own Home Instead business. Your personal investment should account for at least £30,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, SylvianCare is an interesting franchising opportunity in the Senior Care sector. By joining its current three franchisees, you would be joining a growing brand network. Opening a SylvianCare business requires an initial investment of £62,500. At least £30,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You could also benefit from financial aid, if eligible. See eligibility details on our website.
If you are interested in the Senior Care sector and would like to learn more about its available franchising options, look into the 12 businesses currently recruiting franchisees in the sector. If you're curious about franchising opportunities in other sectors, Point Franchise has close to 250 brands to choose from.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.