Senior Care Franchise opportunities to start in London

What to know before opening a business in London

If you want to start a business in London, working for yourself but not on your own, then check out our franchising opportunities in the London Region. On this page, you will find a variety of brands to choose from for becoming a franchisee in the London area and across the United Kingdom. There are a number of franchising options available based on your budget and career goals. Have a look to find the brand that appeals to you most.

The London area has a population of 8,908,000 people. The most prevalent age group in the population falls in the 20-39 age bracket. Approximately 4,739,500 people are economically active in the community, representing 78.1% of the population. The unemployment rate (4.6%) is high compared to the national average (4%). The local income averages £41,220 per year, which is significantly higher than the just over £30,500 average income in the United Kingdom as a whole.

Why Senior Care businesses appeal to franchisees

Are you interested in the Senior Care sector? If so, there are 12 available brands to choose from across the United Kingdom. The Senior Care sector is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include two AC franchises, nine Nursery franchises, two Electrical franchises, 12 Tutoring franchises and five Baby franchises. See if any catch your eye. If you are considering joining the Health Care sector, it may interest you to know that 530,000 people have already made the decision to work in this field in the London area.

Read about these three brands to see what franchise opportunities exist

If you are interested in running a business in the Senior Care sector, read about Promedica24. There are 100 outlets open so far, and the network is expanding. You will need to invest £40,000 to start your own Promedica24 business. At least £1,000 of this affordable amount should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees.

Another possibility to consider is Home Instead. The company has been operating since 2005. Home Instead has proved itself to be a successful business and leader in the sector in its 15 years since opening. A network of 1,200 franchisees promotes the brand's exposure. You will need an initial investment of £90,000 to open your own Home Instead business. Your personal investment should account for at least £30,000 of the total amount. You may want to think about getting a loan to start a business in this sector. It is thus less appropriate for new investors.

Finally, another option to consider is Seniors Helping Seniors. By joining its network of 300 franchisees, you would become a part of a well-established business community. 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. Visit our website for more information.

If you are thinking about opening a franchise business in the Senior Care sector, you might be interested to have a look at our 12 available brands. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a range of sectors to help you find your perfect investment opportunity.

Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.