Nursery Franchise opportunities to start in St Albans
What can St Albans offer to new businesses?
You could start your own business by becoming a franchisee in St Albans. St Albans, located in the East of England, offers a number of new business investment opportunities. On this page, you'll find a selection of companies looking for franchisees. To start off with, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
St Albans has a population of approximately 147,000 people. Residents aged 40 to 59 years old make up the majority of the population. The labour force constitutes 79.9% of the population, or approximately 73,000 people. The community has an unemployment rate of 7% which is slightly higher than the UK average of 4%. With an average gross annual income of £47,507, salaries in St Albans are significantly higher than the average income of close to £31,000 across the United Kingdom.
Have you considered Child Care services?
There are nine UK-based franchises available in Child Care services. Child Care services is part of the Personal & Home Care Services sector which offers a wide range of interesting options. These include 14 Kids & Childrens franchises, three Plumbing franchises, nine Nursery franchises, 17 Healthcare franchises and two Security franchises. See if any catch your eye. Health Care is a well-established industry, providing employment for 6,000 people in St Albans alone.
Take a look at three franchise business examples
If Child Care services is your area of interest, Promedica24 is worth looking at. By joining its current 100 franchisees, you would be joining a growing brand network. In order to open a Promedica24 business, a reasonable initial investment of £40,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Promedica24 asks for a personal investment of at least £1,000. These low startup costs make it a good option to pursue for first-time franchisees. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Moonstone Day Care is an interesting franchising opportunity in Child Care services. By joining its five franchises already in operation, you could contribute to this brand's expansion. Starting a Moonstone Day Care franchise will require you to invest a minimum of £100,000. At least £40,000 of this should come from your own personal investment. It is thus less appropriate for new investors. An investment in this franchise entitles you to financial assistance, if eligible. Visit our website for details.
Lastly, have a look at Banana Moon, another attractive Child Care franchise that launched in 2010. The brand is developing, with 10 locations currently in operation, and a desire to expand further. A total of £60,000 is required to start a Banana Moon franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £47,500 of the total investment should come from your personal funds. It is thus less appropriate for new investors.
There are nine franchises waiting to be discovered in Child Care services. If you're interested in exploring investment options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.