Home Instead Senior Care (franchise for sale in Midlands)
- Location(s): Midlands
- Selling price:£150000 plus a franchise fee of £19,750+VAT
- Established: 2014
Existing care franchise for sale in the Midlands
An opportunity has arisen to purchase a Home Instead Senior Care franchise in the Midlands. This is a management franchise; you will be running your own care company providing non-medical care for mainly older people in their own homes though the franchisee has clients of all ages.
The current owners are selling due to the franchise owner starting a family.
Potential to Develop Business
The projections for growth of the number of older people over the next 5 years are significant. This territory has an older age group than the national average. This will provide a huge development potential for the business given that it specialises in elderly care.
There are still many parts of the territory which remain largely untapped. With a marketing strategy to focus on the key referral providers in these areas for both clients and caregivers, growth is inevitable due to the demand for good quality care-at-home in these rural areas. A satellite office would help this expansion to provide a “local” presence even it’s a low cost one room office with a small rent.
In addition, the concentration has turned very much to companionship services, these care packages tend to be on average often block hours meaning that they attract more caregivers who wish to work in care but are unable or unwilling to travel between clients.Companionship packages of care naturally have more longevity for the business overall, as these services start before the client hits crisis point.
Selling Price £150,000 plus a £19,750 (exc VAT) franchise fee.
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