Looking for a Senior Care Franchise in Coeur d'Alene, ID?
The good news is that Visiting Angels® was named a top senior care franchise by the highly respected Franchise Business Review. The great news is that we now have protected territories available with our award-winning senior care franchise in Coeur d'Alene, ID!
What this means for you, as a future franchisee, is that you won’t be competing with other Visiting Angels business owners. Your defined market area would solely be yours to cultivate. With that kind of freedom and our unparalleled support, you can build the home care business of your dreams.
The Demand for a Senior Care Franchise in Coeur d’Alene
Successful service businesses are built when the people who reside in your area need your services. Because in-home care is a local enterprise, it’s important to understand the demographics of the Coeur d’Alene area to gauge if it has the potential to support a successful senior care franchise.
At Visiting Angels, we have done that research. We believe our protected territory in Coeur d’Alene is ideal for a new location.
When looking at business potential, it’s important to have a solid percentage of potential clients who will need your services immediately as well as a consistent flow of new or existing residents who will require them in future. Coeur d'Alene, ID, offers both of these essential demographics.
With a population of almost 50,000 people over 15.9 square miles, the average age is 36.7. You, therefore, have a nice concentration of families. With many baby boomers moving to live near their children and grandchildren, this makes the Coeur d’Alene area ripe for senior care services. The current demographic breakdown is as follows:
- 16% of the residents are 20-29 years of age
- 12% of the residents are 40-49 years of age
- 12% of the residents are 50-59 years of age
- 16.9% are 65 and over
As far as geographic stability, these numbers are also impressive:
- 92% of the housing units are occupied
- 54% of those are owner-occupied
- 78% of the residents are living in the same house they were a year ago
If you are considering a senior care franchise in Coeur d'Alene, ID, it’s important to note that it earned the distinction of placing in the top spot of the “Best Places to Live in Kootenai County.”
Further, Niche.com, which ranks thousands of places to live based on key statistics from the U.S. Census as well as experts’ insights has named Coeur d'Alene, ID:
- Best Suburb for Young Professionals in Idaho (placed 2nd of 19)
- Best Suburb to Live in Idaho (placed 4th of 19)
- Best Suburb to Raise a Family in Idaho (placed 5th of 19)
With the water sports enjoyed on the lake, the trails in the Canfield Mountain area, and the stunning national forest, the natural beauty is appealing to anyone wishing to call Coeur d'Alene, ID, home.
What Makes a Senior Care Franchise in Coeur d'Alene, ID, a Good Investment?
When it comes to the franchise business model, you receive the benefit of proven strategies that form the foundation of your business. Because it’s a turnkey business solution, you’ll be given the detailed processes and procedures that position you for success. You’ll never need to go through the trial-and-error phase endured by independent start-ups.
To help promote your senior care franchise in Coeur d'Alene, ID, you’ll get the advantage of our nationwide name recognition and our outstanding reputation.
Additionally, Visiting Angels offers:
- Low monthly royalty franchise fees
- Costs below $50,000 for protected territories
- National campaigns broadcast on digital and traditional marketing platforms
- Comprehensive one-on-one training, in addition to continuous support from regional directors and fellow franchisees
If you’re looking for a senior care franchise in Coeur d'Alene, ID, and are passionate about supporting families and their loved ones, you’ve come to the right place.
Learn more about owning a Visiting Angels senior care franchise in Coeur d'Alene, ID, by calling 800-365-4189 or by requesting information online.