Nursery Franchise opportunities to start in Newcastle upon Tyne
Investing in Newcastle upon Tyne could be your next move
Would you like to run your own business? Newcastle upon Tyne, located in North East England, could be a good place to start. There are many brands currently recruiting franchisees in the Newcastle upon Tyne area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. We offer a number of realistic new business investment opportunities, so that you can find one you like.
The population of Newcastle upon Tyne is 300,000. The age group with the highest concentration is 20-39. The region has a 5.2% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 141,500 people or 70.9% of the total population. Salaries in Newcastle upon Tyne average £29,204 a year, while in the UK the average salary is close to £31,000.
Child Care services and its business options
Across the UK, there are nine franchises in Child Care services. The Personal & Home Care Services sector offers a variety of options in addition to those in Child Care services. These include 11 Handyman franchises, 19 Care franchises, 17 Healthcare franchises, five Drainage franchises and 17 Education franchises. Have a look at the brands available to see which could be your perfect match. The Health Care sector provides employment for many people. In Newcastle upon Tyne, companies currently employ 33,000 people in the field.
Three franchise businesses worth reading about
If you are interested in starting a business in Child Care services, Kare Plus could be an option for you. In business since 1989, Kare Plus has grown a loyal following since opening 31 years ago. By joining its network of 70 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £75,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Kare Plus, the minimum personal investment is £25,000. Given these low startup costs, this option could be suitable for first-time franchisees.
Promedica24 is an interesting investment opportunity in Child Care services. There are 100 outlets open so far, and the network is expanding. Starting a Promedica24 business requires a reasonable initial investment of £40,000. At least £1,000 should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. By investing in this established brand, you could be eligible for financial aid. See our website for details.
Child Care services have many brands worth considering. As a final example, take a look at Banana Moon. Initially established in 2010, by joining its current 10 franchisees, you would become a part of a growing brand network. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Banana Moon asks for a minimum personal investment of £47,500. Due to the higher startup costs, this option is not advisable for first-time franchisees.
If working in Child Care services appeals to you, check out our nine available franchising opportunities in the sector. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.