Nursery Franchise opportunities to start in Coventry
Coventry is waiting for you to begin a franchise business
Coventry, located in the West Midlands, offers a number of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising options here. You might just find the right brand for starting your own business in the Coventry area. Exploring our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Coventry area has a population of 367,000 residents. The age group with the highest concentration is 20-39. The region has a 5.4% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 189,500 people or 77.2% of the total population. Residents in the area earn £27,799 per year on average. This income is slightly lower than the country's average gross income, which reaches just over £30,500.
What Child Care services could offer you
Are you interested in Child Care services? You're likely to find a franchise worth considering among nine brands across the country. Child Care services is just one example of the options available in the Personal & Home Care Services sector. Other options include 11 Handyman franchises, five Baby franchises, 19 Care franchises, five Drainage franchises and nine Home Care franchises. Have a look, the perfect business opportunity for you could be a few clicks away. Interesting fact: companies in Health Care employ 21,000 people in the Coventry area. This could be your opportunity to start a successful business of your own!
Check out three available franchise opportunities
First established in 2010, Banana Moon is a competitive brand operating in Child Care services. There are 10 outlets open so far, and the network is expanding. An initial investment of £60,000 will enable you to open your own Banana Moon business. In most cases, your personal investment should represent 30 to 50% of the total amount. Banana Moon requires you to personally invest at least £47,500. You could potentially apply for a loan to cover the remaining costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Moonstone Day Care is another successful brand operating in Child Care services. By joining its current five franchisees, you would be joining a growing brand network. A total of £100,000, a substantial initial investment, is required to open a Moonstone Day Care franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £40,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Finally, another interesting franchising opportunity is ClubsComplete. This brand is expanding, counting two locations across the UK. You will need to invest £9,995 to start running your own ClubsComplete business, which is a reasonable initial investment. Your personal investment should account for at least £2,998 of the total amount. 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 you can't afford the startup costs on your own, you may qualify for financial assistance. See our website for more information.
There are currently nine available investment opportunities in Child Care services. Have a look at these businesses to see if there's a good fit for you. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.