Senior Care Franchise opportunities to start in Colchester
Colchester and its prospects for new Businesses
Would you like to start a business in Colchester, located in the East of England? Would you like to work for yourself but not on your own? If so, check out our franchising opportunities. On this page, you'll find various companies offering the training and support you need to run your own business in the Colchester area. We offer a number of franchises to suit a variety of budgets and career objectives. Have a look at our range of brands and sectors to see what might suit you.
A recent census found that 193,000 people live in Colchester. Residents aged 20 to 39 years old have the highest concentration within the population. The economically active population in Colchester amounts to 93,800 people, with an unemployment rate of 3.6%. This rate is lower than the national average. The average annual income across the UK is close to £31,000. With a gross salary averaging £33,390, residents of Colchester have a higher salary than the national average.
Running a Senior Care franchise business
If you would like to run a Senior Care franchise, you are likely to find one that interests you among 12 available across the United Kingdom. In fact, the Personal & Home Care Services sector as a whole offers a wide variety of franchises to invest in, including 19 Care franchises, nine Preschool franchises, five Gardening & Lawn Care franchises, five Baby franchises and three Funeral franchises. Have a look at our available brands to find a potential match.
Take a look at three franchise business examples
SylvianCare is a competitive business operating in the Senior Care sector. The brand is expanding, 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 usually need to cover 30 to 50% of the total investment. SylvianCare requires a minimum personal investment of £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. An investment in this franchise entitles you to financial assistance, if eligible.
Seniors Helping Seniors is an interesting franchising opportunity in the Senior Care sector. The brand's network is made up of 300 franchisees, which increase its exposure. Good to know: you won't need any premises as you can work from home. If you can't afford the startup costs on your own, you may be eligible for financial aid. See our website for details.
Finally, Home Instead is another interesting brand operating in the Senior Care sector. The first franchise launched in 2005. Home Instead has acquired valuable experience in the sector in its 15 years since first opening. To start your own Home Instead franchise, you will need to invest £90,000, of which at least £30,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
There are 12 franchises waiting to be discovered in the Senior Care sector. At Point Franchise, we are proud to offer close to 250 franchise options across many sectors, helping you find the perfect business opportunities for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.