Nursery Franchise opportunities to start in Luton

Luton and its prospects for new Businesses

Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our range of brands in Luton, located in the Luton area in the East of England, where many companies are currently recruiting. Starting a business should be exciting! Check out our selection of franchising opportunities, starting with the sectors that you feel most passionate about.

There are 214,000 people in the Luton area. Residents aged 20 to 39 years old are the most represented within the population. The labour force makes up 74.1% of the population, or approximately 103,100 people. The community has an unemployment rate of 5% which is slightly higher than the UK average of 4%. Residents in the area earn £28,196 per year on average. This income is slightly lower than the country's average gross income, which reaches close to £31,000.

Why Child Care businesses appeal to franchisees

There are nine UK-based franchises available in Child Care services. Child Care services is actually part of the Personal & Home Care Services sector which offers a wider selection. There are currently 17 Healthcare franchises, three Funeral franchises, five Gardening & Lawn Care franchises, nine Home Care franchises and 12 Tutoring franchises recruiting at this time. Amongst these options, there is likely to be one to suit your career goals and aspirations.

Three brands worth your attention

Banana Moon could be a great choice for you if you're interested in Child Care services. Open since 2010, by joining its current 10 franchisees, you would be joining a growing brand network. To start your own Banana Moon franchise, you will need to invest £60,000, of which at least £47,500 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not advisable for first-time franchisees.

Child Care services have many brands worth considering. Take a look at Choice Home Tutoring. By joining its network of four franchisees, you could play a part in this brand's success. This business opportunity requires an affordable initial investment of £17,500. 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. Choice Home Tutoring asks for a minimum personal investment of £6,000. 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.

As a final example, check out Gymboree. In business since 2000, Gymboree now has over 20 years of experience under its belt. There are 30 locations open so far, and the network is expanding. Opening a Gymboree business requires a substantial initial investment of £93,000. If you intend to get a loan to cover the startup costs, Gymboree asks for a personal investment of at least £60,000. 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. If you can't cover the startup costs on your own, you could see if you qualify for financial assistance. See eligibility details on our website.

If you would like to learn more about franchise opportunities in Child Care services, have a browse through our nine available options. Point Franchise offers a total of almost 250 franchising options 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.