Nursery Franchise opportunities to start in Bishop's Stortford
Bishop's Stortford is an attractive town to invest in
If you're thinking about running your own business in Bishop's Stortford, located in the East of England, you should explore franchising options. Several companies are currently recruiting in the East Hertfordshire area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
The East Hertfordshire area has 148,000 residents. The most prevalent age group in the population falls in the 40-59 age bracket. The local unemployment rate of 1.9% among 70,700 economically active people, or 77.1% of the population, is significantly lower than the average in the UK. Residents of East Hertfordshire have an annual average income of £48,836. In comparison, the average gross salary in the UK is £30,629.
Child Care services could be the right choice for you
Across the UK, there are currently nine opportunities to open your own franchise in Child Care services. Child Care services are just one example of a sector you could invest in. Could your ideal business be among our three Photography franchises, two AC franchises, two Electrical franchises, five Baby franchises and five Gardening & Lawn Care franchises available in the Personal & Home Care Services sector? Have a look to find out. If you are thinking about starting a business in Health Care, East Hertfordshire could be a good place to do it. Indeed, 6,000 people have already made the decision to work in this industry in the East Hertfordshire area.
Three brands worth your attention
If you are interested in opening a business in Child Care services, read about Gymboree, a brand operating since 2000. Gymboree has gained valuable experience in the sector in its 20 years since first opening. This brand is expanding, counting 30 locations across the UK. A total of £93,000, a significant initial investment, is required to open a Gymboree franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £60,000 of the total investment should come from your personal funds. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Also, if you can't afford the startup costs alone, you may be able to benefit from financial assistance.
If Child Care services appeal to you, Kare Plus is another option you could consider. In business since 1989, the brand's extensive experience, good reputation and wide exposure are valuable assets. The brand is developing, with 70 outlets currently in operation, and a desire to expand further. An affordable initial investment of £75,000 will enable you to open your own Kare Plus business. In most cases, your personal investment should represent 30 to 50% of the total amount. Kare Plus requires you to personally invest at least £25,000. You could potentially apply for a loan to cover the remaining costs. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
As a final example, check out Moonstone Day Care. By joining its current five franchisees, you would be joining a growing brand network. You will need to invest £100,000 to start your own Moonstone Day Care business. At least £40,000 of this substantial amount should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See eligibility details on our website.
Opening a business in Child Care services has great potential. If you're interested, have a look at our nine available opportunities. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 new business investment opportunities across a variety of sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.