Senior Care Franchise opportunities to start in Totton

Starting a new business in Totton

If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Totton, situated in South East England, could be a good place to start as there are many businesses currently recruiting franchisees in the New Forest area. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and career goals.

There are approximately 180,000 people currently living in New Forest. Residents in the 60+ age category make up the largest portion of the population. The local income averages £29,193 per year, which is in line with the just over £30,500 average salary in the United Kingdom as a whole.

Investment opportunities in the Senior Care sector

Across the UK, there are 12 franchises in the Senior Care sector. The Senior Care sector is part of the Personal & Home Care Services sector which offers a wide selection of interesting options. These include 12 Tutoring franchises, nine Nursery franchises, two Wedding franchises, five Drainage franchises and 18 Child Care franchises. See if any catch your eye. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the New Forest area, 9,000 people are employed by Health Care companies.

Eager to know more? Here are three franchise business examples

SylvianCare is a competitive franchise operating in the Senior Care sector. By joining its current three franchisees, you would become a part of a growing brand network. An initial investment of £62,500 will enable you to open 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. It is thus less appropriate for new investors. You may qualify for financial aid.

Another option worth considering is Home Instead, a brand that was first established in 2005. Home Instead now has over 15 years of experience under its belt. It is now firmly rooted in the market, counting 1,200 franchise outlets. Starting a Home Instead franchise will require you to invest a minimum of £90,000. At least £30,000 of this should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.

Lastly, Seniors Helping Seniors is another attractive brand operating in the Senior Care sector. Good to know: you won't need any premises as you can work from home. If eligible, you might be entitled to financial assistance. See our website for more information.

We offer a total of 12 businesses in the Senior Care sector. If you're interested, see if the right franchising opportunity for you is among them. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.

This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.