Nursery Franchise opportunities to start in Cambridge
Cambridge could be home to your new business
The Cambridge area offers many interesting business opportunities. If you like the idea of running your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Cambridge. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and career objectives.
Cambridge has a population of approximately 126,000 people. When broken down by age range, 20-39 year olds represent the largest portion of the population. The community has a 1.4% unemployment rate, which is significantly lower than the national average of 4%. There are 69,400 economically active people in the area, representing 81.8% of the total population. Residents in the area earn £33,225 per year on average. This income is higher than the country's average gross income, which reaches just over £30,500.
Business options in Child Care services
Across the UK, there are nine franchises in Child Care services. In fact, we have a wide selection of options in the Personal & Home Care Services sector including the franchises in Child Care services. You can pick from two Electrical franchises, three Funeral franchises, nine Preschool franchises, three Plumbing franchises and five Drainage franchises today.
Want to know more? Read about these three brands
Computer Xplorers is an interesting franchise operating in Child Care services. You will need to invest £14,950 to start your own Computer Xplorers business. By investing in this franchise, you may be eligible for financial assistance.
Another interesting franchising opportunity is Radfield Home Care. By joining its 13 franchises already in operation, you could contribute to this company's expansion. This business requires a significant initial investment of £90,000. 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 open a Radfield Home Care business is £27,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. If you decide to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
As a final example, have a look at Moonstone Day Care. There are five outlets open so far, and the network is expanding. In order to open a Moonstone Day Care business, a substantial initial investment of £100,000 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. Moonstone Day Care requires a personal investment of at least £40,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible. See our website for details.
If you are considering running a franchise business in Child Care services, you might be interested to explore our nine available brands. If you're still torn between different sectors, no problem! Point Franchise offers close to 250 franchising opportunities across many different sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.