Nursery Franchise opportunities to start in Torquay
Opening a franchise business in Torquay
You could start your own business by becoming a franchisee in Torquay. Torbay, located in the South West, offers a variety of new business investment options. On this page, you'll find a range of brands looking for franchisees. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business goals.
Recent figures show that 136,000 people live in Torbay. When broken down by age group, the majority of the population sits within the 60+ category. Approximately 59,400 people are economically active in the community, representing 78.1% of the population. The unemployment rate (4.1%) is comparable to the UK average (4%). In the UK, the average gross income is close to £31,000; in the Torbay area, it is £23,343.
Why Child Care businesses appeal to franchisees
There are nine brands currently recruiting franchisees in Child Care services. If this sector appeals to you, check them out. In addition to the business opportunities in Child Care services, the Personal & Home Care Services sector offers two Wedding franchises, 12 Senior Care franchises, 14 Kids & Childrens franchises, 17 Education franchises and nine Preschool franchises. Check out the brands to find out if your perfect match is among them.
Three franchises that might interest you
If you're interested in Child Care services, take a look at ClubsComplete. By joining its network of two franchisees, you could play a part in this brand's success. This business requires an affordable initial investment of £9,995. 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 ClubsComplete business is £2,998. 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 qualify for financial aid.
Another opportunity worth considering is Banana Moon. First launched in 2010, by joining its current 10 franchisees, you would become a part of a growing brand network. This business opportunity requires an initial investment of £60,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Banana Moon asks for a minimum personal investment of £47,500. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Finally, another possibility to consider is Radfield Home Care. This brand is expanding, counting 13 outlets across the UK. Starting a Radfield Home Care business requires a significant initial investment of £90,000. If you intend to get a loan to cover the startup costs, Radfield Home Care asks for a personal investment of at least £27,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria. Visit our website for details.
Eager to read more about business opportunities in Child Care services? Have a look at our nine available options. Point Franchise offers a total of close to 250 franchising opportunities across a variety of sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.