Senior Care Franchise opportunities to start in Scarborough
Starting a franchise business in Scarborough
Many brands are currently recruiting franchisees in Scarborough, located in Yorkshire and the Humber. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing assistance. Keep reading to explore the options in the Scarborough area. Starting a business should be exciting! Check out our selection of franchising options, starting with the sectors that you feel most passionate about.
Recent figures show that 109,000 people live in Scarborough. When broken down by age range, 60+ year olds represent the largest portion of the population. Approximately 49,600 people are economically active in the region, representing 82.1% of the population. The unemployment rate (2.6%) is very low compared to the national average (4%). The annual income in the United Kingdom is just over £30,500 on average. The people of Scarborough earn an average annual salary of £22,858, lower than the country's average.
Could the Senior Care sector be the right choice for you?
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. This is just one of the sectors you could choose within the Personal & Home Care Services sector. There are also three Funeral franchises, 18 Child Care franchises, nine Home Care franchises, two Wedding franchises and nine Nursery franchises. Have a look and see if any are a good fit for you. Interesting fact: companies in Health Care employ 8,000 people in the Scarborough area. This could be your opportunity to open a successful business of your own!
Three brands worth your attention
If you're interested in the Senior Care sector, take a look at Seniors Helping Seniors. 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. By investing in this established brand, you could qualify for financial aid.
Another interesting franchise option is Promedica24. This brand is growing, counting 100 locations across the UK. Opening a Promedica24 business requires a reasonable initial investment of £40,000. If you intend to get a loan to cover the startup costs, Promedica24 asks for a personal investment of at least £1,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid. See our website for details.
Finally, Home Instead is an interesting franchising opportunity in the Senior Care sector. First opened in 2005, the brand has acquired valuable experience and expertise over the past 15 years. A network of 1,200 franchisees promotes the brand's visibility. This business requires a substantial initial investment of £90,000. If you plan on getting 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 start a Home Instead business is £30,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you would like to know more about franchise opportunities in the Senior Care sector, have a browse through our 12 available options. If you are still not sure which sector best suits your needs, have a look through our selection of 236 franchising opportunities across different sectors on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.