Nursery Franchise opportunities to start in Woking

What to consider when opening a business in Woking

Located in South East England, Woking is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising opportunities in Woking and take the first step towards managing your own business. Browse our extensive possibilities in order to find the right brand for you, and you'll be one step closer to starting your own business.

The Woking region has 101,000 residents. Residents aged 40 to 59 years old are the most represented in the population. Across the UK, the annual gross income is close to £31,000 on average. In the area of Woking, it is £38,198.

Running a Child Care franchise business

Across the UK, you will find nine franchises operating 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 11 Handyman franchises, nine Home Care franchises, two Electrical franchises, three Photography franchises and five Drainage franchises today. Moreover, the number of people currently employed in a specific industry gives an indication of how dynamic it is. In the Woking area, 4,500 people are employed by Health Care companies.

Check out these three business examples

There are many interesting franchising options in Child Care services. Take Gymboree for example, a business that was first established in 2000. The brand is now mature and a leader within the sector, having grown its franchise network for 20 years. This brand is expanding, counting 30 locations across the United Kingdom. Starting 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. Financial assistance can be provided in some circumstances.

Another option worth considering is Banana Moon, a brand that opened in 2010. By joining its current 10 franchisees, you would be joining a growing brand network. This business opportunity requires an initial investment of £60,000. 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. Banana Moon requires a minimum personal investment of £47,500. Due to the higher startup costs, this option is not recommended for first-time franchisees.

Finally, Moonstone Day Care is another successful business operating in Child Care services. There are five outlets open so far, and the network is expanding. A substantial initial investment of £100,000 will enable you to open your own Moonstone Day Care business. In most cases, your personal investment should represent 30 to 50% of the total amount. Moonstone Day Care requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees.

Child Care services offer many interesting franchising opportunities, including our nine franchise options. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.

This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.