Why Buy a Senior Care Franchise in Little Rock?
Little Rock’s large existing senior population offers a strong foundation for a Senior Helpers franchise. This foundation will only grow stronger, as the area’s population of seniors is projected to grow steadily over the next 15 years.
This, combined with the area’s business-friendly climate, makes the Little Rock–North Little Rock–Conway metro area an ideal location for your franchise. What’s more, by purchasing a Senior Helpers franchise, you can choose from several high-potential territories currently for sale.
Growing Number of Seniors
Over the past two decades, population growth in the Little Rock–North Little Rock–Conway metro area has outpaced the national average.
Since 2000, the local population has grown by 22.3%, compared to the national average of 15.6%. That has resulted in a large existing market of seniors, with 113,386 residents 65 years or older. This number will grow over the next 15 years, with roughly 1 in 5 residents between the ages of 50 and 64.
As a result, the Little Rock area boasts strong local demand for senior care, with demand projected to grow in coming years.
Low Business & Employment Costs
The Little Rock area is one of the country’s most affordable metro markets for starting a small business. The area boasts low real estate costs and a favorable hiring market for employers, allowing you to start a franchise for a lower upfront investment and minimal ongoing costs.
Little Rock, North Little Rock, Conway, and the State of Arkansas also offer a wealth of incentives for small business owners. These incentives include tax relief, grants, and funding for entrepreneurs, encouraging investment in the Little Rock area.
Available Franchise Territories
The right location and the right market make a world of difference when starting a home care franchise. With a Senior Helpers franchise, you’ll enjoy a protected territory with a minimum of 30,000 seniors. You also have the option of purchasing multiple territories to expand your service area.
Senior Helpers has territories available throughout the Little Rock–North Little Rock–Conway metro area, giving you control over the location and service area for your franchise. This way, you can target communities with older populations and higher household incomes within Pulaski County and the surrounding areas.
Sources:
https://censusreporter.org/profiles/31000US30780-little-rock-north-little-rock-conway-ar-metro-area/
https://www.bestplaces.net/metro/arkansas/little_rock-north_little_rock-conway