Senior Care Franchise opportunities to start in Lowestoft
What can Lowestoft offer to new businesses?
The Suffolk area offers many interesting business opportunities. If you are interested in running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Lowestoft. Explore our sectors and brands to find your best options among various franchising opportunities, keeping in mind your personal interests and career objectives.
Suffolk has a population of approximately 759,000 people. The 60+ age group makes up the majority of the population. Approximately 350,800 people are economically active in the community, representing 80.2% of the population. The unemployment rate (2.4%) is very low compared to the national average (4%). Salaries in Suffolk average £29,129 a year, while in the United Kingdom the average salary is just over £30,500.
The Senior Care sector: An interesting opportunity for franchisees
If you want to manage your own business in the Senior Care sector, the good news is that there are 12 franchises currently recruiting new franchisees across the country. The Senior Care sector is just one sector among many in the Personal & Home Care Services sector. Its five Baby franchises, 11 Handyman franchises, nine Home Care franchises, two Wedding franchises and 14 Kids & Childrens franchises are also worth considering. Let our selection of brands be your guide to starting your next exciting investment opportunity. In the Suffolk area, the Health Care sector provides employment for 39,000 people.
Three franchise business examples
If you're planning to invest in the Senior Care sector, have a look at Home Instead, a brand that opened in 2005. Home Instead has gained valuable experience in the field in its 15 years since first opening. With a significant network of 1,200 outlets, the brand knows how to support its franchisees. 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 apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended for first-time franchisees.
The Senior Care sector has many brands worth considering. Take a look at Promedica24. By joining its 100 franchises already in operation, you could contribute to this brand's expansion. Opening a Promedica24 franchise will require you to invest a minimum of £40,000. At least £1,000 of this should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Lastly, check out Seniors Helping Seniors, another interesting Senior Care franchise. The brand has 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. If eligible, you might be able to benefit from financial assistance. Visit our website for more information.
If you want to work in the Senior Care sector, the perfect investment opportunity could be waiting for you among our 12 available franchises in the sector. Point Franchise has 236 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.