Nursery Franchise opportunities to start in Plymouth
Plymouth and its prospects for new Businesses
You could start your own business by becoming a franchisee in Plymouth. Plymouth, located in the South West, offers a number of new business investment options. On this page, you'll find a selection of brands looking for franchisees. Start by looking for franchise opportunities in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
Recent figures show that Plymouth has a population of 263,000 residents. When broken down by age group, the 20-39 age range is the most prevalent in the population. The local labour force includes 129,300 people, or 77.6% of the total population. With an unemployment rate of 4.6%, recent data shows that employment in this area is slightly higher than in the rest of the UK. The average annual salary across the United Kingdom is £30,629. With a gross income averaging £24,371, residents of Plymouth have a lower salary than the national average.
Running a franchise in Child Care services
If you would like to run a Child Care franchise, you are likely to find one that interests you among nine available across the United Kingdom. The Personal & Home Care Services sector offers a range of options in addition to those in Child Care services. These include 14 Kids & Childrens franchises, four Medical franchises, two Electrical franchises, three Plumbing franchises and 12 Tutoring franchises. Check out the brands available to see which could be your perfect match. If you're keen on the Health Care sector, you may want to consider how many people already work in the sector. In Plymouth, Health Care companies currently employ 21,000 people.
Three franchise business examples worth looking at
If you like the idea of opening a franchise in Child Care services, Choice Home Tutoring could be an option for you. By joining its four franchises already in operation, you could contribute to this company's expansion. An affordable initial investment of £17,500 will enable you to open your own Choice Home Tutoring business. In most cases, your personal investment should represent 30 to 50% of the total amount. Choice Home Tutoring requires you to personally invest at least £6,000. You could potentially apply for a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial aid can be provided in some circumstances.
Another interesting investment opportunity is Computer Xplorers. This business opportunity requires a reasonable initial investment of £14,950. By investing in this franchise, you may qualify for financial assistance.
Child Care services have many brands worth considering. As a final example, have a look at Moonstone Day Care. This brand is growing, counting five locations across the United Kingdom. You will need to invest £100,000 to start operating your own Moonstone Day Care business, which is a substantial initial investment. Your personal investment should account for at least £40,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Child Care services offer nine franchising opportunities. With almost 250 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.