Why Buy a Home Care Franchise in Birmingham?
Birmingham offers a number of factors that make it an ideal market for starting a home care franchise. With an aging population, a growing economy, and business-friendly state and municipal regulations, Birmingham checks all the boxes you’d want in a senior care market.
As a new market for the Senior Helpers brand, Birmingham also offers a wide range of territory options for franchise buyers. This way, you have total freedom over which communities you want to target with your business.
Growing Senior Population
In the The Birmingham-Hoover metro area, seniors represent 16.0% of the population, offering a substantial market for senior care services.
What’s more, this market is projected to grow over the next 15 years, with 19.5% of all residents currently in the 50 to 64 age bracket.
This represents a lucrative opportunity for investors in the senior care sector and a path to sustainable growth for a franchise.
Investment-Friendly Economy
The Birmingham-Hoover metro area is one of Alabama’s most attractive markets for franchise buyers.
The area boasts low tax rates for businesses and residents, a median income 10% higher than the state average, and a projected 31.4% job growth rate over the next 10 years.
Birmingham is also a favorable market for employers, an important consideration when recruiting caregivers.
Available Franchise Territories
Senior Helpers has multiple franchise territories available in the Birmingham metro area, giving you the freedom to choose where to locate your franchise.
Our available territories include some of the city’s most affluent neighborhoods and suburbs, including Mountain Brook, Vestavia Hills, and Homewood .
Each Senior Helpers franchise territory is protected and includes a minimum of 30,000 seniors.
Sources:
https://censusreporter.org/profiles/31000US13820-birmingham-hoover-al-metro-area/
https://www.bestplaces.net/economy/metro/alabama/birmingham-hoover