Senior Care Franchise opportunities to start in Reading
Reading and its prospects for new Businesses
Reading, located in South East England, offers a variety of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Reading area. There are a number of new business investment options available based on your budget and career objectives. Have a look to find the brand that appeals to you most.
There are 163,000 people in the Reading region. The most prevalent age range in the population is 20 to 39 years old. The labour force makes up 81.7% of the population, or approximately 90,700 people. The region has an unemployment rate of 3% which is lower than the UK average of 4%. The average gross salary in the United Kingdom is £30,629. Residents of Reading earn £32,730 a year on average.
Why choose to open a business in the Senior Care sector?
Across the United Kingdom, there are 12 franchises in the Senior Care sector. The Senior Care sector is part of the Personal & Home Care Services sector, which also offers five Gardening & Lawn Care franchises, three Plumbing franchises, two Wedding franchises, 12 Tutoring franchises and two Electrical franchises. The right business to suit your career goals and aspirations might just be among them.
Here are three examples of franchise businesses
If you are interested in opening a franchise in the Senior Care sector, SylvianCare could be an option for you. By joining its current three franchisees, you would be joining a growing brand network. 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 opportunity is less suitable for first-time franchisees. You may qualify for financial assistance.
If the Senior Care sector appeals to you, Home Instead is another option you could have a look at. First established in 2005, the brand has acquired valuable experience and expertise over the past 15 years. With a wide network of 1,200 locations, the brand knows how to support its franchisees. A substantial initial investment of £90,000 will enable you to open your own Home Instead business. In most cases, your personal investment should represent 30 to 50% of the total amount. Home Instead requires you to personally invest at least £30,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Promedica24 is a third interesting investment opportunity in the Senior Care sector. There are 100 outlets open so far, and the network is expanding. You will need to invest £40,000 to open your own Promedica24 business. At least £1,000 of this reasonable amount should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this franchise, you may be eligible for financial support. See our website for more information.
Many businesses are already operating in the Senior Care sector. We currently have 12 franchise opportunities available in the sector. On Point Franchise, there is plenty of choice in other sectors too. We have almost 250 franchising opportunities in total to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.
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