Senior Care Franchise opportunities to start in Barnstaple
Investing in Barnstaple could be your next move
Have you ever considered opening a franchise in Barnstaple? This could be your opportunity to run your own business while receiving comprehensive training and marketing support, since many businesses in the North Devon area are currently recruiting franchisees. Starting a business should be exciting! Have a look at our range of franchising opportunities, starting with the sectors that you feel most passionate about.
North Devon has a population of approximately 96,000 people. Residents aged over 60 years old have the highest concentration in the population. With an average gross annual income of £22,123, salaries in North Devon are lower than the average salary of close to £31,000 across the United Kingdom.
Investment options in the Senior Care sector
If the idea of running a business in the Senior Care sector appeals to you, take a look at the 12 brands currently recruiting franchisees in the sector. In addition to the business opportunities in the Senior Care sector, the Personal & Home Care Services sector offers three Photography franchises, nine Nursery franchises, two AC franchises, two Electrical franchises and 17 Healthcare franchises. Check out the brands to find out if your perfect match is among them. If you're interested in the Health Care sector, you're not alone. In North Devon, 7,000 people currently work in the field.
Three franchise businesses worth reading about
If you'd like to open your own Senior Care business, SylvianCare might be a great option for you. The brand is developing, with three locations already in operation, and a desire to expand further. In order to start a SylvianCare business, an initial investment of £62,500 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. SylvianCare asks for a personal investment of at least £30,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. SylvianCare provides comprehensive training and support to help you build a successful business of your own. Furthermore, you may qualify for financial aid.
Home Instead is another successful brand that has been operating in the Senior Care sector since 2005. Home Instead has acquired valuable experience in the field in its 15 years since first opening. With a significant network of 1,200 outlets, the brand knows how to support its franchisees. You will need to invest £90,000 to begin operating your own Home Instead business, which is a substantial initial investment. Your personal investment should account for at least £30,000 of the total amount. Due to the higher startup costs, this option is not advisable for first-time franchisees. An investment in this franchise entitles you to expert training and support
Lastly, Seniors Helping Seniors could be another good option for you to invest in. By joining its network of 300 franchisees, you would become a part of a strong business community. Good to know: you won't need any premises as you can work from home. Seniors Helping Seniors could be a good option for you, as the company provides comprehensive training and support. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance. Visit our website for more information.
Eager to read more about business opportunities in the Senior Care sector? Explore our 12 available options. 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.