Buy a Senior Care Business in Arkansas
Arkansas is a beautiful state known for its stunning natural landscape. Like the rest of the country, it has a growing need for affordable home care. According to the latest U.S. census, 17.4% of the population is over the age of 65, which makes Arkansas an ideal place to buy a senior care business.
In the United States, seniors make up 16.5% of the total population. Over the next decade, as more Baby Boomers enter their retirement years, that number is expected to jump to 20%. If this trend holds true for Arkansas as well, then there is ample room to buy and grow a senior care business in the state.
Visiting Angels® is a well-respected name in senior care all across the country with hundreds of successful franchises run by people just like you. Today, we’ll introduce you to four enticing opportunities in Arkansas.
Available Placements for a Senior Care Business in Arkansas
Buying a senior care business is a great way to enter a profitable field and provide meaningful support to the local community. Currently, Visiting Angels has the following locations available across Arkansas.
Junction City, Arkansas, is a small community right on the Louisiana border that is home to just over 600 residents per the latest American Community Survey. Its elderly population falls in line with the state average at 17.3%.
Don’t let the small population fool you though as this location serves several neighboring communities as well. The protected territory for this senior care business includes the communities of: Junction City, Camden, Taylor, Waldo, Louann, Bearden, Crossett, Hermitage, Bradley, Jersey, Bluff City, Strong, Calion, Texarkana, El Dorado, Emerson, Gurdon, Hampton, Huttig, Ogden, Magnolia, Smackover, Thornton, Hope, Ashdown, Emmett, Stamps, and others.
Monticello is a bustling college town ideally situated in Drew County in Southeast Arkansas. It’s one of the largest communities in this part of the state and may be best known as the home of the University of Arkansas at Monticello.
The town itself has an estimated population of 9,372 people. As of 2019, 14.5% of residents were of retirement age, while 21% were aged 18 and below. These figures present a compelling case to open a senior care business, as they indicate a significant percentage of residents who have children and aging relatives to look after, this phenomenon is commonly known as the “Sandwich Generation”.
Then, of course, there are all the opportunities that lie in the greater service area. As the owner of this franchise location, you would also have access to the senior care market in Eudora, Jersey, Gurdon, Wilmar, Banks, Kingsland, Huttig, Magnolia, Garland City, Crossett, Dermott, Calion, Fountain Hill, Montrose, Hamburg, Rosston, McNeil, McGehee, Lewisville, and several other communities.
Roughly 50 miles north of Monticello is the sprawling city of Pine Bluff. With a population of 41,474 people, it is the 10th largest city in the state. Elderly residents make up 14.8% of the population. Similar to Monticello, this is counterbalanced by the 23.2% of residents aged 18 and under, showing a potential need for senior care for families with children and aging parents.
This location also serves a wider area that includes Almyra, Tucker White Hall, DeWitt, Dumas, Keo, Jefferson, Gould, Casscoe, Grady, Moscow, Redfield, Roe, Sherrill, Pickens, Hensley Rison, Marvell, England, Star City, and Wabbaseka.
Finally, we have the scenic town of Searcy in White County. Approximately 23,660 residents call this place home. Its older residents make up 14.8% of the community. Meanwhile, 22.4% of residents are part of a new generation who are 18 and under.
From this location, you could also cater to clients in many nearby cities and towns, including Romance, McRae, Augusta, Bradford, Madison, Austin, Russell, Earle, Bald Knob, Beebe, Heth, Biscoe, Brickeys, Brinkley, Cotton Plant, Wynne, Colt, Des Arc, El Paso, Turrell, Griffithville, Cherry Valley, Hughes, and Higginson, among many others.
Contact Visiting Angels Today for More Information
Ready to buy a senior care business in Arkansas? Want to learn more about what it’s like to work with Visiting Angels?
Our corporate team would love to hear from you.
Whether you’re interested in a specific senior care business in Arkansas or you just want more information about the Visiting Angels brand, contact us today. Call 800-365-4189 or request further information online.