Senior Care Franchise opportunities to start in Plymouth
What to consider when opening a business in Plymouth
If you're interested in running your own business in Plymouth, located in South West England, you should explore franchising options. Several companies are currently recruiting in the Plymouth area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Browsing our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
The Plymouth area has a population of 263,000 residents. The most prevalent age group in the population is 20 to 39 years old. Unemployment affects 4% of the UK population. With a rate of 4.6%, unemployment in this area is slightly higher than the national average. The labour force amounts to 129,300 people, making up 77.6% of the population. Across the United Kingdom, the average gross salary is close to £31,000. In the Plymouth area, it amounts to £24,371.
The Senior Care sector could be the right choice for you
If you're considering becoming a franchisee in the Senior Care sector, have a look at our 12 franchise options currently available in the field. In fact, the Personal & Home Care Services sector as a whole offers a wide variety of franchises to invest in, including two Wedding franchises, five Gardening & Lawn Care franchises, three Photography franchises, 17 Healthcare franchises and nine Nursery franchises. Check out our available brands to find a potential match. In the Plymouth area, the Health Care sector provides employment for 21,000 people.
Check out three available franchise opportunities
If you would like to invest in a Senior Care business, you could consider Home Instead. 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. You will need to invest £90,000 to start your own Home Instead business. At least £30,000 of this significant amount should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Take a look at Promedica24. The brand is growing, with 100 outlets currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £40,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Promedica24, the minimum personal investment 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.
Finally, another possibility to consider is SylvianCare. By joining its network of three franchisees, you could contribute to this brand's success. 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 recommended for first-time franchisees. You may be eligible for financial aid. See our website for details.
Many businesses are already operating in the Senior Care sector. We currently have 12 franchise opportunities available in the sector. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 franchising opportunities across a variety of sectors on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.