Senior Care Franchise opportunities to start in Cheshunt
Starting a new business in Cheshunt
If you want to start your own business, you may find that Cheshunt has a lot to offer. Many brands are currently recruiting franchisees in the Broxbourne area. Read on to see if running a franchise could be a good option for you! Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
According to recent census data, there are 97,000 people in Broxbourne. Residents aged 40 to 59 years old have the highest concentration in the population. Broxbourne has an unemployment rate of 5.2% within its labour force of 50,400 people. This rate is high compared to the national average. The gross annual salary in Broxbourne amounts to £34,070, which is higher than the national average of £30,629.
Running a Senior Care franchise business
In the UK, you will find 12 franchises recruiting in the Senior Care sector. In fact, the Personal & Home Care Services sector as a whole offers a wide range of franchises to invest in, including two Wedding franchises, two Electrical franchises, 12 Tutoring franchises, three Funeral franchises and five Gardening & Lawn Care franchises. Check out our available brands to find a potential match.
Three franchise business examples worth looking at
If you're interested in the Senior Care sector, have a look at Home Instead, a brand that launched in 2005. The company is now mature and a leader within the sector, having expanded its franchise network for 15 years. A network of 1,200 franchisees promotes the brand's visibility. A substantial initial investment of £90,000 will enable you to open your own Home Instead business. In most cases, your personal investment should represent 30 to 50% of the total amount. Home Instead requires you to personally invest at least £30,000. You could potentially get a loan to cover the remaining costs. It is thus less appropriate for new investors.
SylvianCare is an interesting franchising opportunity in the Senior Care sector. The brand is growing, with three locations already in operation, and a desire to expand further. You will need an initial investment of £62,500 to open your own SylvianCare business. Your personal investment should account for at least £30,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. By investing in this established brand, you could qualify for financial aid.
Lastly, take a look at Promedica24, another attractive Senior Care franchise. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. 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 option could be suitable for first-time franchisees. Financial assistance can be provided in some circumstances. Visit our website for details.
If you would like to take a look at more franchising options in the Senior Care sector, we currently have 12 available opportunities. If you are still not sure which sector best suits your needs, have a look through our selection of 236 new business investment opportunities across a variety of sectors on Point Franchise.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.