Senior Care Franchise opportunities to start in Stevenage
Investing in a franchise in Stevenage
Stevenage, located in the East of England, has many opportunities for people looking to start their own business. There are several brands currently recruiting franchisees in the Stevenage area. This could mean working for yourself while benefiting from the comprehensive support of an established brand. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, look around and see what other options catch your eye. We have brands to suit many different interests and career goals.
There are 88,000 people in the Stevenage region. The majority of the population falls within the 20-39 age range. The local unemployment rate of 3% among 46,300 economically active people, or 83.1% of the population, is lower than the average in the UK. With an average gross annual income of £28,369, salaries in Stevenage are slightly lower than the average income of close to £31,000 across the United Kingdom.
Why the Senior Care sector appeals to franchisees
Across the United Kingdom, you will find 12 franchises operating in the Senior Care sector. You will find many business opportunities in the Personal & Home Care Services sector, including those in the Senior Care sector. Other possibilities include three Photography franchises, nine Home Care franchises, 17 Healthcare franchises, five Drainage franchises and 18 Child Care franchises. There might be one worth considering among them. The Health Care sector provides work for many people. In Stevenage, businesses currently employ 9,000 people in the industry.
Check out three available franchise opportunities
If you are interested in opening a business in the Senior Care sector, Home Instead could be an option for you. First established in 2005, Home Instead has acquired valuable experience in the field in its 15 years since first opening. A network of 1,200 franchisees promotes the brand's exposure. To start your business, you will need an initial investment of £90,000. 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 generally be required. For Home Instead, 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.
Another possibility to consider is SylvianCare. The brand is developing, with three outlets currently in operation, and a desire to expand further. 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 typically need to cover 30 to 50% of the total investment. SylvianCare requires a minimum personal investment of £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.
Finally, Promedica24 is another attractive brand operating in the Senior Care sector. To start your own Promedica24 franchise, you will need to invest £40,000, of which at least £1,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may qualify for financial support. Visit our website for details.
If you are interested in the Senior Care sector and would like to know more about its available franchising options, check out the 12 companies currently recruiting franchisees in the sector. Point Franchise has 236 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.