Senior Care Franchise opportunities to start in Paignton
Why should you invest in Paignton?
Would you like to run your own business? Paignton, located in South West England, could be a good place to start. There are many brands currently recruiting franchisees in the Torbay area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. 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.
A recent census found that 136,000 people live in Torbay. Residents in the 60+ age category make up the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 4.1%, unemployment in this area is in line with the national average. The labour force amounts to 59,400 people, representing 78.1% of the population. Torbay has an average annual salary of £23,343, which is lower than the national average income of just over £30,500.
Running a franchise 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 field. In fact, we have a wide range of options in the Personal & Home Care Services sector including the franchises in the Senior Care sector. You can pick from three Funeral franchises, 14 Kids & Childrens franchises, 17 Education franchises, two AC franchises and nine Preschool franchises today.
Three franchise business examples
The Senior Care sector offers a variety of brands to choose from, including Promedica24. By joining its network of 100 franchisees, you could contribute to this brand's success. Starting a Promedica24 franchise will require you to invest a minimum of £40,000. At least £1,000 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. When investing in this franchise, you could qualify for financial aid.
Another interesting franchising opportunity is SylvianCare. The brand is developing, with three outlets currently in operation, and a desire to expand further. A total of £62,500 is required to open a SylvianCare franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £30,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you make the decision to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Finally, if the Senior Care sector appeals to you, Seniors Helping Seniors is another option you could consider. 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. You may be eligible for financial aid. See our website for details.
If you want to work in the Senior Care sector, the perfect business opportunity could be waiting for you among our 12 available franchises in the sector. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.