Senior Care Franchise opportunities to start in Southampton

Investing in a franchise in Southampton

The Southampton area offers many interesting business opportunities. If you like the idea of opening your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Southampton. We offer a variety of realistic new business investment opportunities, so that you can find one you like.

There are 253,000 people living in the Southampton area. The population's most prevalent age group is made up of 20-39 year olds. In terms of employment, the region has an economically active population of 138,000 people (79.5%), of which the unemployment rate is 5.7%. This figure is slightly higher than the average unemployment rate across the country. The local income averages £26,049 per year, which is slightly lower than the close to £31,000 average income in the UK as a whole.

Could the Senior Care sector be the right choice for you?

If you wish to run a business in the Senior Care sector, have a look at our 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 nine Home Care franchises, two Wedding franchises, three Plumbing franchises, five Gardening & Lawn Care franchises and five Baby franchises. Check out the brands to see if your perfect match is among them. Health Care is a well-established industry, providing work for 23,000 people in Southampton alone.

Three franchise business examples worth looking at

If working in the Senior Care sector appeals to you, take a look at Promedica24. By joining its 100 franchises already in operation, you could contribute to this company's expansion. This business requires an affordable initial investment of £40,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Promedica24 business is £1,000. These low startup costs make this a good franchising option for first-time franchisees. When investing in this franchise, you could qualify for financial assistance.

Have a look at SylvianCare, another attractive Senior Care franchise. This brand is developing, counting three outlets in the UK. 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 generally need to cover 30 to 50% of the total investment. SylvianCare requires a minimum personal investment of £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You could also benefit from financial aid, if eligible. Visit our website for details.

Finally, Home Instead is an interesting franchise option in the Senior Care sector. First launched in 2005, Home Instead has proved itself to be a successful business and leader in the field in its 15 years since opening. The brand has grown over time and now operates in 1,200 different locations. Starting a Home Instead business requires a significant initial investment of £90,000. If you intend to get a loan to cover the startup costs, Home Instead asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors.

There are 12 franchises waiting to be discovered in the Senior Care sector. You will find a total of almost 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.

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