Senior Care Franchise opportunities to start in Manchester
Manchester: A great location to start a business
If you want to open your own business, you may find that Manchester has a lot to offer. Several companies are currently looking for franchisees in the Manchester area. Read on to see if running a franchise could be a good option for you! With your interests and business goals in mind, have a look at our selection of franchising options.
There are approximately 548,000 people currently living in Manchester. The most represented age range is 20-39 years of age. The labour force makes up 71.3% of the population, or approximately 276,800 people. The area has an unemployment rate of 6.3% which is slightly higher than the national average of 4%. The United Kingdom's annual average salary is £30,629. Salaries in Manchester are slightly lower in comparison, averaging £25,609 a year.
The Senior Care sector could be the right choice for you
If you wish to run a business in the Senior Care sector, have a look at our 12 franchises currently recruiting franchisees in the sector. In addition to the business opportunities in the Senior Care sector, the Personal & Home Care Services sector offers nine Preschool franchises, three Funeral franchises, four Medical franchises, 17 Education franchises and five Gardening & Lawn Care franchises. Take a look at the brands to find out if your perfect match is among them. Many businesses in Manchester already work in the Health Care sector, which employs 44,000 people. You would become a part of a well-established business community.
Check out three available franchise opportunities
SylvianCare could be a great choice for you if you're planning to invest in the Senior Care sector. There are three outlets open so far, and the network is expanding. Starting a SylvianCare business requires an initial investment of £62,500. If you plan on getting a loan to cover the startup costs, SylvianCare asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Another interesting investment opportunity is Home Instead, which was first established in 2005. Home Instead has acquired valuable experience in the field in its 15 years since first opening. A network of 1,200 franchisees promotes the brand's visibility. This business requires a significant initial investment of £90,000. 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 start a Home Instead business is £30,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
As a final Senior Care franchise option, check out Promedica24. The brand is expanding, with 100 locations already in operation, and a desire to expand further. You will need to invest £40,000 to begin operating your own Promedica24 business, which is a reasonable initial investment. Your personal investment should account for at least £1,000 of the total amount. 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 may qualify for financial assistance. See our website for more information.
If you would like to work in the Senior Care sector, the perfect investment opportunity could be waiting for you among our 12 available franchises in the sector. If you're curious about business options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.