Nursery Franchise opportunities to start in Hoddesdon

Hoddesdon could be home to your new business

Located in the East of England, Hoddesdon 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 options in Broxbourne and take the first step towards managing your own business. We offer a number of franchises to suit various budgets and career goals. Take a look at our selection of brands and sectors to see what might suit you.

Approximately 97,000 people currently live in Broxbourne. The 40-59 age group has the highest concentration within the population. The community has a 5.2% unemployment rate, which is slightly higher than the national average of 4%. There are 50,400 economically active people in the area, representing 79.5% of the total population. The annual salary in the UK is close to £31,000 on average. The people of Broxbourne earn an average annual salary of £34,070, higher than the country's average.

Why open a franchise in Child Care services?

If the idea of running a business in Child Care services appeals to you, have a look at the nine brands currently recruiting franchisees in the field. Numerous brands offer franchise opportunities in other sectors within the Personal & Home Care Services sector. For instance, there are five Drainage franchises, three Photography franchises, nine Nursery franchises, nine Home Care franchises and four Medical franchises. You'll find options to suit many different career objectives and aspirations.

Take a look at these three business examples

If you're interested in Child Care services, have a look at Kare Plus. By joining its 70 franchises already in operation, you could contribute to this company's expansion. It has been operating since 1989. Kare Plus is a recognized leader in the sector, with 31 years of experience under its belt You will need to invest £75,000 to start running your own Kare Plus business, which is an affordable initial investment. Your personal investment should account for at least £25,000 of the total amount. These relatively low startup costs make it a good option to pursue for first-time franchisees.

If Child Care services appeal to you, Gymboree is another option you could consider. In business since 2000, the brand has acquired valuable experience and expertise over the past 20 years. There are 30 locations open so far, and the network is expanding. This business opportunity requires a substantial initial investment of £93,000. 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. Gymboree requires a minimum personal investment of £60,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.

Lastly, Banana Moon could be another good option for you to invest in. First established in 2010, this brand is expanding, counting 10 outlets across the United Kingdom. In order to start a Banana Moon business, an initial investment of £60,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Banana Moon asks for a personal investment of at least £47,500. It is thus less appropriate for new investors.

Child Care services currently has nine new business investment opportunities. If you're curious about franchising opportunities in other sectors, Point Franchise offers 236 brands to choose from.

This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.