Why Buy a Senior Care Franchise in Dallas–Fort Worth?
The DFW metroplex has a lot to offer entrepreneurs in the home care sector. With a total population of 7.5 million and more than 837,000 seniors, Dallas–Fort Worth offers a substantial market for senior care services. It’s also one of the best metro areas in the country for starting a business, with low taxes, affordable real estate, and employer-friendly hiring conditions.
Below, we’ll unpack why the DFW area is one of our top available markets for buying a home care franchise.
Strong Market for Home Care
Dallas–Fort Worth offers two critical benchmarks for a successful senior care market.
First, the area boasts a large number of seniors. Roughly 11% of all DFW residents are 65+ years old, representing one of the largest senior populations in the country. That population will grow in the coming years, as the 18% of local residents between the ages of 50 and 64 enter retirement.
Second, Dallas–Fort Worth is also one of the nation’s wealthiest cities. The DFW metroplex has a median household income of more than $72,000. What’s more, 35.5% of households earn over $100,000 annually — almost 20% higher than the national average.
Investor-Friendly Conditions
As an entrepreneur, there’s a lot to like about Dallas–Fort Worth. Low tax rates and real estate costs are appealing to small businesses, and business owners can apply for a wide range of local incentives.
The area also boasts a sizable workforce and affordable labor costs. As home care agencies compete for qualified caregivers, a favorable hiring market can make a world of difference for new business owners.
Available Territories
Senior Helpers is looking to expand our brand within the Dallas–Fort Worth metroplex, with a wide range of territories for purchase. Our available territories include suburbs like Westlake, Southlake, Flower Mound, and Highland Village — some of the area’s most desirable and affluent communities.
Every Senior Helpers franchise territory is protected, giving you exclusive right to serve clients within your territory’s ZIP codes. Each territory also includes at least 30,000 seniors, offering a substantial base of potential clients for your franchise.
Sources:
https://censusreporter.org/profiles/31000US19100-dallas-fort-worth-arlington-tx-metro-area/
https://www.bestplaces.net/metro/texas/dallas-fort_worth-arlington