Nursery Franchise opportunities to start in Barnstaple
Barnstaple is an attractive town to invest in
Barnstaple, located in South West England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the North Devon area. Why not have a browse through our range of new business investment options? There are opportunities to suit many needs and business objectives.
The North Devon area has a population of 96,000 residents. Residents aged over 60 years old are the most represented in the population. Residents of North Devon have an annual average salary of £22,123. In comparison, the average gross income in the United Kingdom is close to £31,000.
Could Child Care services be the right choice for you?
Across the UK, there are nine franchises operating in Child Care services. Child Care services are just one example of a sector you could invest in. Could your ideal business be among our three Photography franchises, two Electrical franchises, five Baby franchises, nine Home Care franchises and 17 Education franchises available in the Personal & Home Care Services sector? Have a look to find out. It may interest you to know that businesses in the North Devon area currently employ 7,000 people in the Health Care sector.
Here are three examples of franchise businesses
Choice Home Tutoring is an interesting franchise operating in Child Care services. This brand is developing, counting four locations across the country. In order to start a Choice Home Tutoring business, a reasonable initial investment of £17,500 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Choice Home Tutoring requires 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. If you can't afford the startup costs on your own, you may qualify for financial aid.
Another interesting investment opportunity is Promedica24. The brand is growing, with 100 outlets currently in operation, and a desire to expand further. To start your business, you will need an initial investment of £40,000. 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 Promedica24, the minimum personal investment is £1,000. These low startup costs make this a good franchising option for first-time franchisees. Eligible candidates may apply for financial assistance. Visit our website for details.
Finally, another option to consider is Banana Moon. The company first opened in 2010. By joining its current 10 franchisees, you would become a part of a growing brand network. This business requires an initial investment of £60,000. If you plan on getting 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 Banana Moon business is £47,500. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Child Care services offer nine franchising opportunities. Point Franchise has 236 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.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.