Nursery Franchise opportunities to start in King's Lynn
King's Lynn: A great location to start a business
King's Lynn, located in the East of England, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the King's Lynn and West Norfolk area. With your interests and business objectives in mind, have a look at our range of new business investment opportunities.
The population of King's Lynn and West Norfolk is made up of 152,000 people. The majority of the population falls within the 60+ age range. The local unemployment rate of 3.2% is low compared to the national average of 4%. The local labour force consists of 69,100 people, representing 80.9% of the population. The average annual salary across the UK is close to £31,000. With a gross income averaging £25,049, residents of King's Lynn and West Norfolk have a slightly lower salary than the national average.
Have you considered Child Care services?
There are nine brands currently looking for franchisees in Child Care services. If this sector appeals to you, check them out. In fact, the Personal & Home Care Services sector as a whole offers a wide variety of franchises to invest in, including two Wedding franchises, 17 Healthcare franchises, two Security franchises, four Medical franchises and 12 Senior Care franchises. Have a look at our available brands to find a potential match. It may interest you to know that businesses in the King's Lynn and West Norfolk area currently employ 8,000 people in the Health Care sector.
Take a look at three franchise business examples
ClubsComplete is a competitive brand operating in Child Care services. By joining its two franchises already in operation, you could contribute to this company's expansion. This business requires a reasonable initial investment of £9,995. If you intend to get 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 option could be suitable for first-time franchisees. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Child Care services have many brands worth considering. Take a look at Kare Plus. In business since 1989, the brand's extensive experience, good reputation and wide exposure are valuable assets. There are 70 locations open so far, and the network is expanding. To start your business, you will need an initial investment of £75,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Kare Plus, the minimum personal investment is £25,000. These relatively low startup costs make it a good option to pursue for first-time franchisees.
Finally, another interesting franchising opportunity is Radfield Home Care. By joining its current 13 franchisees, you would be joining a growing brand network. You will need an initial investment of £90,000 to open your own Radfield Home Care business. Your personal investment should account for at least £27,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for more information.
Child Care services offer nine franchising opportunities. Plus, with 236 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the right brand for you.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.