Sample Business Plan: Vintage Home and Residential Care

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CONFIDENTIAL MARKET TRENDS & GROWTH PATTERNS 3 The total estimated target market is 272,220 elderly people in San Diego. It has grown by 17.34% from 2000 to 2010. The female population over the age of 70 years account for as much as 58% (157,711) of the total senior population of the region, resulting in being the larger market for the residential care facilities. Senior male individuals form the remaining 42% (114,509) of the target market.

Male, 42% Female, 58%

Total Population over 70+ years in San Diego

The Non-Hispanic white ethnicity forms more than 70% of the total market segment in San Diego, with the Hispanic community being the second largest contributor followed by Asians and Pacific Islanders. The graph below highlights the population distribution in San Diego based on race and ethnicity:

3

San Diego’s Regional Planning Agency

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