Nursery Franchise opportunities to start in Manchester
Manchester is an attractive town to invest in
You could start your own business by becoming a franchisee in Manchester. There are a number of opportunities to choose from in Manchester, located in North West England. Have a look at our range of brands and start managing your own business with a team behind you. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.
Manchester has an estimated population of 548,000 residents. The most prevalent age group in the population falls in the 20-39 age bracket. The region has 276,800 economically active people, representing 71.3% of the population, with an unemployment rate of 6.3%. This rate is slightly higher than the country's 4% national average. The United Kingdom's annual average salary is close to £31,000. Salaries in Manchester are slightly lower in comparison, averaging £25,609 a year.
Running a Child Care franchise business
If you're considering becoming a franchisee in Child Care services, check out our nine franchise options currently available in the field. Child Care services is actually part of the Personal & Home Care Services sector which offers a wider selection. There are currently 17 Healthcare franchises, five Drainage franchises, four Medical franchises, nine Home Care franchises and three Funeral franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations. In the Manchester area, the Health Care sector provides work for 44,000 people.
Read about these three brands to see what franchise opportunities exist
Gymboree could be a great choice for you if you're interested in Child Care services. Open since 2000, the company is now mature and a leader within the sector, having grown its franchise network for 20 years. By joining its current 30 franchisees, you would be joining a growing brand network. This business opportunity requires a significant initial investment of £93,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Gymboree requires a minimum personal investment of £60,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be provided in some circumstances.
You could also consider Choice Home Tutoring. By joining its four franchises already in operation, you could contribute to this brand's expansion. In order to start a Choice Home Tutoring business, an affordable initial investment of £17,500 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Choice Home Tutoring asks for a personal investment of at least £6,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this established brand, you could be eligible for financial assistance.
As a final example, take a look at Radfield Home Care. This brand is developing, counting 13 outlets across the UK. A substantial initial investment of £90,000 will enable you to open your own Radfield Home Care business. In most cases, your personal investment should represent 30 to 50% of the total amount. Radfield Home Care requires you to personally invest at least £27,000. You could potentially get a loan to cover the remaining costs. It is thus less appropriate for new investors. You will also need to invest in a small premises to operate this business. You may qualify for financial aid. See our website for details.
Many businesses are already operating in Child Care services. We currently have nine franchise opportunities available in the sector. Plus, with 236 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.