Nursery Franchise opportunities to start in South Shields
What to know before opening a business in South Shields
If you want to start your own business, you may find that South Shields has a lot to offer. Several brands are currently looking for franchisees in the South Tyneside area. Read on to see if running a franchise could be a good option for you! Explore our different franchising options to find the sectors and brands that most appeal to you.
The population of South Tyneside is 150,000. Residents aged 40 to 59 years old are the most represented within the population. The economically active population in South Tyneside amounts to 67,300 people, with an unemployment rate of 8.2%. This rate is slightly higher than the national average. Salaries in South Tyneside average £24,834 a year, while in the United Kingdom the average salary is just over £30,500.
Running a franchise in Child Care services
There are nine brands offering franchise opportunities in Child Care services. In fact, we have a wide selection of options in the Personal & Home Care Services sector including the franchises in Child Care services. You can pick from 14 Kids & Childrens franchises, 17 Healthcare franchises, five Gardening & Lawn Care franchises, two Security franchises and 11 Handyman franchises today. In South Tyneside, there are currently 7,000 people working in the Health Care sector, so you would be joining an established business community.
Three brands worth your attention
Child Care services has many franchise options available, such as Radfield Home Care. By joining its current 13 franchisees, you would become a part of a growing brand network. You will need an initial investment of £90,000 to open your own Radfield Home Care business. Your personal investment should account for at least £27,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. You could also receive financial aid, if eligible.
ClubsComplete is another competitive brand operating in Child Care services. To start your business, you will need an initial investment of £9,995. 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 generally be required. For ClubsComplete, the minimum personal investment is £2,998. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
Lastly, if Child Care services appeal to you, Computer Xplorers is another option you could have a look at. You will need to invest £14,950 to open your own Computer Xplorers business. Financial aid can be provided in some circumstances. See our website for details.
There are nine franchises waiting to be discovered in Child Care services. 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.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.