Senior Care Franchise opportunities to start in Chatham
Starting a new business in Chatham
The Medway area offers many interesting business opportunities. If you like the idea of opening your own business, you should consider franchising. This would allow you to work for yourself while receiving the support of an established brand. Have a look on this page to discover the franchise options available to you in Chatham. With your interests and business objectives in mind, have a look at our range of franchising opportunities.
A recent census found that 278,000 people live in Medway. The majority of the population sits within the 20-39 age group. Medway has an unemployment rate of 3.5% within its labour force of 142,200 people. This rate is low compared to the national average. Medway has an average annual salary of £30,459. This salary is in line with the rest of the UK, which has an average income of close to £31,000.
The Senior Care sector could be the right choice for you
Are you interested in the Senior Care sector? You're likely to come across a franchise worth considering among 12 brands across the country. The Senior Care sector is part of the Personal & Home Care Services sector, which also offers 17 Healthcare franchises, five Baby franchises, two Security franchises, 18 Child Care franchises and five Drainage franchises. The perfect business to suit your career goals and aspirations might just be among them.
Check out three available franchise options
If you are interested in opening a franchise in the Senior Care sector, Seniors Helping Seniors could be an option for you. The brand's network is significant, counting 300 outlets across the United Kingdom. Good to know: you won't need any premises as you can work from home. You could also benefit from financial assistance, if eligible.
The Senior Care sector has many brands worth considering. Check out SylvianCare. There are three locations open so far, and the network is expanding. An initial investment of £62,500 will enable you to open your own SylvianCare business. In most cases, your personal investment should represent 30 to 50% of the total amount. SylvianCare requires you to personally invest at least £30,000. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you could qualify for financial aid. See our website for details.
Lastly, another possibility to consider is Home Instead. The company was first established in 2005. The brand is now mature and a leader within the sector, having developed its franchise community for 15 years. With a wide network of 1,200 outlets, the brand knows how to support its franchisees. To start your business, you will need an initial investment of £90,000. If you intend to get 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. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Starting a business in the Senior Care sector has great potential. If you're interested, have a look at our 12 available opportunities. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a variety of sectors. Have a look to see which other sectors you might want to invest in.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.