Nursery Franchise opportunities to start in Farnborough
What to consider when opening a franchise in Farnborough
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Farnborough, situated in the South East of England, could be a good place to start as there are many brands currently recruiting franchisees in the West Berkshire area. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
West Berkshire has an estimated population of 159,000 people. Residents aged 40 to 59 years old have the highest concentration in the population. The 2.7% unemployment rate among 83,100 economically active people in the community is significantly lower than the national average. West Berkshire has an average annual income of £38,416, which is significantly higher than the national average salary of £30,629.
Franchising opportunities in Child Care services
There are nine UK-based franchises available in Child Care services. Child Care services is a part of the Personal & Home Care Services sector. Other brands recruiting in this industry include nine Preschool franchises, three Photography franchises, two AC franchises, 12 Senior Care franchises and nine Home Care franchises. Among these franchising options, there will likely be one that fits your career goals and aspirations. You may be interested to know that businesses in the West Berkshire area currently employ 6,000 people in the Health Care sector.
Eager to find out more? Here are three franchise business examples
If you are interested in opening a franchise in Child Care services, Banana Moon could be an option for you. In business since 2010, there are 10 locations open so far, and the network is expanding. Starting a Banana Moon business requires an initial investment of £60,000. If you plan on getting a loan to cover the startup costs, Banana Moon asks for a personal investment of at least £47,500. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors.
Another option worth considering is ClubsComplete. By joining its network of two franchisees, you could play a part in this brand's success. Opening a ClubsComplete business requires an affordable initial investment of £9,995. At least £2,998 should come from your own personal investment. 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. Also, if you can't cover the startup costs alone, you may be able to benefit from financial aid.
As a final example, check out Moonstone Day Care. By joining its five franchises already in operation, you could contribute to this company's expansion. You will need to invest £100,000 to open your own Moonstone Day Care business. At least £40,000 of this significant amount should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See eligibility details on our website.
Many businesses are already operating in Child Care services. We currently have nine franchise opportunities available in the sector. Point Franchise offers a total of close to 250 franchising opportunities across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.