Senior Care Franchise opportunities to start in Torquay
Why should you invest in Torquay?
Discover the business opportunities waiting for you in Torquay, situated in South West England. On this page you'll find a range of brands that could make you a franchisee in the Torbay area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. There are a number of new business investment options available based on your budget and career goals. Have a browse to find the brand that appeals to you most.
The population of Torbay is 136,000. The 60+ age group has the highest concentration in the population. The labour force makes up 78.1% of the population, or approximately 59,400 people. The area has an unemployment rate of 4.1% which is in line with the national average of 4%. Torbay has an average annual salary of £23,343. This salary is lower than the rest of the United Kingdom, which has an average income of £30,629.
Does the Senior Care sector appeal to you?
Across the UK, there are currently 12 opportunities to open your own franchise in the Senior Care sector. The Senior Care sector is just one example of a sector you could invest in. Could your ideal business be among our two Electrical franchises, three Photography franchises, 17 Education franchises, five Baby franchises and 12 Tutoring franchises available in the Personal & Home Care Services sector? Have a look to find out.
Read about these three brands to see what franchise opportunities exist
Promedica24 could be a great choice for you if you're planning to invest in the Senior Care sector. The brand is growing, with 100 locations currently in operation, and a desire to expand further. You will need to invest £40,000 to start operating your own Promedica24 business, which is an affordable initial investment. Your personal investment should account for at least £1,000 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Another interesting franchising opportunity is Home Instead, which has been operating since 2005. Home Instead now has over 15 years of experience under its belt. A network of 1,200 franchisees promotes the brand's exposure. Starting a Home Instead business requires a substantial initial investment of £90,000. At least £30,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Lastly, you could also have a look at SylvianCare. By joining its network of three franchisees, you could play a part in this brand's success. 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 usually need to cover 30 to 50% of the total investment. SylvianCare asks for a minimum personal investment of £30,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Financial assistance can be provided in some circumstances. See eligibility details on our website.
If you are thinking about opening a franchise business in the Senior Care sector, you might be interested to browse our 12 available brands. 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.
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