Senior Care Franchise opportunities to start in Exmouth
Investing in Exmouth could be your next move
Located in South West England, Exmouth is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising opportunities in East Devon and take the first step towards managing your own business. Exploring our selection of brands and sectors will allow you to pinpoint the type of business that is right for you.
The East Devon area has a population of 144,000 residents. The most prevalent age group in the population falls in the 60+ age bracket. In the UK, the average gross income is just over £30,500; in the East Devon area, it is £26,974.
Why the Senior Care sector might be a good option for you
If the idea of running a business in the Senior Care sector appeals to you, check out the 12 brands currently recruiting franchisees in the field. There are also four Medical franchises, 11 Handyman franchises, three Funeral franchises, five Drainage franchises and two Wedding franchises recruiting franchisees in the Personal & Home Care Services sector, alongside the Senior Care options. Have a browse to see whether any fit your career goals and aspirations. If you want to work in the Health Care sector, it may interest you to know that, in the East Devon area, 6,000 people currently work in the industry.
Three franchise business examples worth looking at
If you are interested in running a business in the Senior Care sector, read about SylvianCare. By joining its three franchises already in operation, you could contribute to this company's expansion. To start your business, you will need an initial investment of £62,500. If you intend to get 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 SylvianCare, the minimum personal investment is £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
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 well-established business community. Good to know: you won't need any premises as you can work from home. By investing in this franchise, you may be eligible for financial assistance. See our website for details.
Lastly, another option to consider is Home Instead, a brand that first began operating in 2005. The company is now mature and a leader within the sector, having developed its franchise community for 15 years. It is now firmly rooted in the market, counting 1,200 franchise outlets. A total of £90,000, a substantial initial investment, is required to open a Home Instead 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 opportunity is less suitable for first-time franchisees.
The Senior Care sector offers many interesting investment opportunities, including our 12 franchise options. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
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