Nursery Franchise opportunities to start in Kingston upon Hull
What to consider when opening a franchise in Kingston upon Hull
Located in Yorkshire and the Humber, Kingston upon Hull is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in East Riding of Yorkshire and take the first step towards managing your own business. We offer franchise investment opportunities in a variety of sectors. Why not explore the sector that appeals to you the most?
There are an estimated 340,000 people in the East Riding of Yorkshire area. When broken down by age group, 60+ year olds represent the largest portion of the population. The region has 157,900 economically active people, representing 81.8% of the population, with an unemployment rate of 3.6%. This rate is lower than the country's 4% national average. The gross annual salary in East Riding of Yorkshire amounts to £29,761, which is in line with the national average of just over £30,500.
Do Child Care services appeal to you?
Are you interested in Child Care services? You're likely to come across a franchise worth considering among nine brands in the UK. Bear in mind that the Personal & Home Care Services sector offers many investment opportunities in addition to those in Child Care services. Have a browse through our 19 Care franchise, two Security franchises, nine Home Care franchises, two AC franchises and 12 Senior Care franchises to find out if any suit your career goals and aspirations.
Want to know more? Read about these three brands
If you plan to invest in a Child Care business, you could consider Banana Moon. First established in 2010, by joining its network of 10 franchisees, you could play a part in this brand's success. You will need to invest £60,000 to start your own Banana Moon business. At least £47,500 of this should come from your own personal investment. It is thus less appropriate for new investors.
Another option to consider is Gymboree, a brand that first began operating in 2000. The company is now mature and a leader within the sector, having developed its franchise network for 20 years. This brand is growing, counting 30 outlets in the UK. To open your own Gymboree franchise, you will need to invest £93,000, of which at least £60,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You may qualify for financial assistance.
Finally, Moonstone Day Care is another successful brand operating in Child Care services. There are five outlets open so far, and the network is expanding. This business opportunity requires a substantial initial investment of £100,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Moonstone Day Care requires a minimum personal investment of £40,000. It is thus less appropriate for new investors. Financial assistance is available for eligible franchisees.
Child Care services have many successful franchise businesses. We currently have nine options available in this sector. If you're curious about franchising options in other sectors, Point Franchise has close to 250 brands to pick from.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
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