Nursery Franchise opportunities to start in Durham
Durham is an attractive town to invest in
You could start your own business by becoming a franchisee in Durham. There are a number of franchise options to choose from in County Durham, located in the North East of England. Take a look at our range of brands and start running your own business with a team behind you. Why not have a look through our selection of franchising options? There are opportunities to suit many needs and business goals.
There are an estimated 527,000 people living in the County Durham area. The most prevalent age group in the population is over 60 years old. The area has a labour force of 244,900 people, or 75.5% of the total population. The unemployment rate (5.7%) is high compared to the rest of the United Kingdom. In the United Kingdom, the average gross salary is £30,629; in the County Durham area, it is £27,594.
Why Child Care businesses appeal to franchisees
There are currently nine opportunities to invest in Child Care services. If you would like to operate a business in this sector, keep reading. Child Care services is a part of the Personal & Home Care Services sector. Other brands recruiting in this industry include 12 Senior Care franchises, three Funeral franchises, 11 Handyman franchises, 17 Education franchises and two AC franchises. Among these new business investment opportunities, there will likely be one that fits your career goals and aspirations. If you are thinking about opening a business in Health Care, County Durham could be a good place to do it. Indeed, 23,000 people have already made the decision to work in this industry in the County Durham area.
Three examples of available franchise business options
If you'd like to run your own Child Care business, Moonstone Day Care might be a great option for you. By joining its network of five franchisees, you could play a part in this brand's success. This business requires a significant initial investment of £100,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Moonstone Day Care business is £40,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. By investing in this franchise, you may qualify for financial assistance.
Child Care services have many brands worth considering. Check out Choice Home Tutoring. By joining its four franchises already in operation, you could contribute to this company's expansion. A total of £17,500, a reasonable initial investment, is required to open a Choice Home Tutoring franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £6,000 of the total investment should come from your personal funds. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. If eligible, you might be entitled to financial aid.
Lastly, have a look at Radfield Home Care, another attractive Child Care franchise. The brand is expanding, with 13 locations currently in operation, and a desire to expand further. In order to start a Radfield Home Care business, a substantial initial investment of £90,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Radfield Home Care asks for a personal investment of at least £27,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial aid. Visit our website for more information.
Child Care services currently offers nine franchising opportunities. Point Franchise has close to 250 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
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