Senior Care Franchise opportunities to start in Walton-on-Thames
Investing in Walton-on-Thames could be your next move
Walton-on-Thames, located in the South East of England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Elmbridge area. We offer a range of realistic new business investment opportunities, so that you can find one you like.
There are an estimated 137,000 people in the Elmbridge area. The most prevalent age group in the population falls within the 40-59 age bracket. Approximately 63,600 people are economically active in the area, representing 77.8% of the population. The unemployment rate (4.7%) is high compared to the national average (4%). Residents in the area earn £57,013 per year on average. This income is significantly higher than the country's average gross income, which reaches £30,629.
Why open a business in the Senior Care sector?
Across the UK, there are 12 franchises in the Senior Care sector. The Senior Care sector is part of the Personal & Home Care Services sector, which also offers 12 Tutoring franchises, three Funeral franchises, 17 Education franchises, two Wedding franchises and five Baby franchises. The perfect business to suit your career objectives and aspirations might just be among them. If you're interested in the Health Care sector, you're not alone. In Elmbridge, 6,000 people currently work in the field.
Eager to know more? Here are three franchise business examples
Promedica24 operates in the Senior Care sector. The brand is developing, with 100 locations already in operation, and a desire to expand further. This business requires an affordable initial investment of £40,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to open a Promedica24 franchise is £1,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. Financial assistance can be given in some circumstances.
The Senior Care sector has many brands worth considering. Take a look at Home Instead. First established in 2005, the company now has 15 years of experience, making it a leader in the field. A network of 1,200 franchisees promotes the brand's exposure. To start your business, you will need an initial investment of £90,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Home Instead, the minimum personal investment is £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Lastly, another interesting investment opportunity is Seniors Helping Seniors. The brand's network is made up of 300 franchisees, which promote its visibility. Good to know: you won't need any premises as you can work from home. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid. See our website for more information.
Eager to read more about franchise opportunities in the Senior Care sector? Check out our 12 available options. 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 various sectors on Point Franchise.
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