Why Buy a Senior Care Franchise in Columbus?
As Ohio’s largest city and one of the largest and most vibrant economies in the Midwest, Columbus is an attractive destination for small business owners and investors. And thanks to its aging population, affluent suburbs, and employer-friendly climate, the city has a lot to offer for senior care entrepreneurs.
In a recent survey of our available markets, Columbus ranked highly for its existing home care market, how quickly that market is expected to grow, and its conditions for small business owners.
Here’s a closer look at why we consider Columbus one of the best places to start a home care franchise.
A Growing Market for Home Care
Today, roughly 13.3% of residents in the Columbus metro area are 65 years or older. While this number ranks below the national average of 16.0%, the number of seniors in Columbus is projected to climb steeply within the next 15 years.
This growth can be attributed to the 18.3% of residents between the ages of 50 and 64. In the coming years, this generation will grow the local senior population and demand for in-home care.
Investor-Friendly Economy
Columbus routinely ranks as Ohio’s top city for start-ups and small business owners. Nationwide, it has been named one of America’s top 30 cities for starting a small business by authorities like Inc. and Wallethub.
For investors in the senior care sector, Columbus offers low business costs compared to other major cities and favorable conditions for employers. It’s also an exceptional place to live as a business owner, with highly rated schools, exceptional housing, and a low cost of living.
Available Franchise Territories
Senior Helpers is looking to expand our brand within the Columbus metro area, with a wide range of territories available to franchise buyers. These territories include some of the city’s wealthiest suburbs and neighborhoods, such as Bexley, Blacklick Estates, Canal Winchester, and Obetz.
Every Senior Helpers territory is protected, giving you exclusive rights to market and provide Senior Helpers services within your service area. Additionally, each territory includes a minimum of 30,000 seniors.
Sources:
https://censusreporter.org/profiles/31000US18140-columbus-oh-metro-area/
https://www.bestplaces.net/metro/ohio/columbus
https://www.inc.com/surge-cities/best-places-start-business.html
https://wallethub.com/edu/best-cities-to-start-a-business/2281