Why Buy a Senior Care Franchise in Los Angeles County?
In a recent survey of Senior Helpers franchise opportunities, Los Angeles County easily made the list of our strongest available markets. The L.A. metro area’s large number of seniors, high share of wealthy neighborhoods, and entrepreneur-friendly climate make it an ideal fit for starting a home care franchise.
Here’s a closer look at some of the key qualities that make Los Angeles County a strong destination for a Senior Helpers home care franchise.
Strong Demand for Senior Care
Today, approximately 1.4 million residents of Los Angeles County are 65 or older. What’s more, an additional 1.9 million residents are 50 to 64 years old. Over the next several years, this generation will grow the number of seniors in Los Angeles, expanding the local market for senior care services.
Los Angeles County also includes some of the nation’s most affluent ZIP codes. Over a third of all households earn six figures annually, and 11% of households have an income of over $200,000 per year.
Entrepreneur-Friendly Climate
There’s a reason why Los Angeles has one of the country’s strongest, most resilient economies. While business costs are higher than in other metro markets, the city’s large workforce, local incentives, and extensive consumer base make it a magnet for small businesses and investors.
Southern California not only represents a great place to do business, but also a great place to live as a small business owner. With the beautiful year-round climate, world-class schools and healthcare, plus the wealth of local culture, few cities have more to offer than L.A.
Attractive Franchise Territories
Los Angeles County contains many of California’s wealthiest neighborhoods and suburbs. As Senior Helpers expands our brand within the Los Angeles area, we are looking for new franchise owners to open locations in these areas.
Our available territories in Los Angeles County include affluent communities like Rancho Palos Verdes, Glendale, and Torrance. Each territory comes with a minimum of 30,000 seniors. You will have the exclusive right to market and provide Senior Helpers services within your protected service area.
Sources
https://censusreporter.org/profiles/05000US06037-los-angeles-county-ca/
https://www.bestplaces.net/county/california/los_angeles
https://www.inc.com/surge-cities/best-places-start-business.html