Senior Care Franchise opportunities to start in Bury St Edmunds
What to consider when starting a business in Bury St Edmunds
You could open your own business by becoming a franchisee in Bury St Edmunds. Forest Heath, located in the East of England, offers a variety of new business investment opportunities. On this page, you'll find a range of brands looking for franchisees. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
The population of Forest Heath is made up of 179,000 residents. The 60+ age group has the highest concentration within the population. The gross annual salary in Forest Heath amounts to £30,485, which is in line with the national average of close to £31,000.
The Senior Care sector: An interesting opportunity for franchisees
The Senior Care sector currently offers 12 franchise opportunities. If this sector appeals to you, check out our options. The Senior Care sector is part of the Personal & Home Care Services sector, which also offers four Medical franchises, 19 Care franchises, two AC franchises, 17 Education franchises and three Plumbing franchises. The perfect business to suit your career goals and aspirations might just be among them.
Have a look at three franchise business examples
The Senior Care sector has many franchise options available, such as Home Instead, which was first established in 2005. The company now has 15 years of experience, making it a leader in the field. It is now firmly rooted in the market, counting 1,200 franchise outlets. This business opportunity requires a significant initial investment of £90,000. 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. Home Instead asks for a minimum personal investment of £30,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Seniors Helping Seniors could be another good option for you to invest in. The brand benefits from a well-established network and good exposure, operating in 300 franchise locations. 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.
Lastly, Promedica24 is another successful business operating in the Senior Care sector. The brand is developing, with 100 locations already in operation, and a desire to expand further. You will need an initial investment of £40,000 to open your own Promedica24 business. Your personal investment should account for at least £1,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for more information.
The Senior Care sector offers many interesting investment opportunities, including our 12 franchise options. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.