Senior Care Franchise opportunities to start in Haverhill
Why should you invest in Haverhill?
Have you ever considered opening a franchise in Haverhill? This could be your opportunity to manage your own business while receiving comprehensive training and marketing support, since many brands in the Suffolk area are currently recruiting franchisees. By browsing the sectors that appeal to you the most, you will find the franchises that best suit your interests and business objectives.
According to recent census data, 759,000 people live in Suffolk. The majority of the population sits within the 60+ age group. The area has an economically active population of 350,800 people, or 80.2% of the total population. The unemployment rate (2.4%) is very low compared to the rest of the UK. The local income averages £29,129 per year, which is in line with the close to £31,000 average salary in the United Kingdom as a whole.
Does the Senior Care sector appeal to you?
Across the United Kingdom, you will find 12 franchises operating in the Senior Care sector. The Senior Care sector is part of the Personal & Home Care Services sector, which also offers 17 Healthcare franchises, 17 Education franchises, three Funeral franchises, nine Home Care franchises and two Electrical franchises. The right business to suit your career goals and aspirations might just be among them. If you are thinking about opening a business in Health Care, Suffolk could be a good place to do it. Indeed, 39,000 people have already made the decision to work in this sector in the Suffolk area.
Want to know more? Read about these three brands
If you are interested in opening a franchise in the Senior Care sector, Promedica24 could be an option for you. This brand is developing, counting 100 outlets across the United Kingdom. Starting a Promedica24 business requires a reasonable initial investment of £40,000. At least £1,000 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Have a look at SylvianCare. There are three locations open so far, and the network is expanding. In order to open a SylvianCare business, an initial investment of £62,500 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. SylvianCare requires a personal investment of at least £30,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. Visit our website for details.
Finally, Home Instead is another interesting brand operating in the Senior Care sector. The first franchise opened in 2005. The company is now mature and a leader within the sector, having grown its franchise network for 15 years. A total of £90,000, a significant 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. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If working in the Senior Care sector appeals to you, take a look at our 12 available investment opportunities in the sector. If you are still not sure which sector best suits your needs, have a look through our range of close to 250 franchising opportunities across a variety of sectors on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.