Nursery Franchise opportunities to start in Scarborough
Investing in a franchise in Scarborough
If you want to open a business in Scarborough, working for yourself but not on your own, then check out our franchising options in Yorkshire and the Humber. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Scarborough area and across the UK. To begin, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
Scarborough has a population of approximately 109,000 people. The majority of the population sits within the 60+ age range. The area has 49,600 economically active people, representing 82.1% of the population, with an unemployment rate of 2.6%. This rate is significantly lower than the country's 4% national average. The region's average gross annual income of £22,858 is lower than the average income of £30,629 across the United Kingdom.
Why start 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. This is just one of the sectors you could choose within the Personal & Home Care Services sector. There are also nine Home Care franchises, 12 Senior Care franchises, two Electrical franchises, 14 Kids & Childrens franchises and 12 Tutoring franchises. Have a look and find out if any are a good fit for you. If you're keen on the Health Care sector, you may want to consider how many people already work in the sector. In Scarborough, Health Care businesses currently employ 8,000 people.
Three franchise businesses worth reading about
Radfield Home Care is an interesting franchise operating in Child Care services. This brand is developing, counting 13 locations in the United Kingdom. A total of £90,000, a substantial initial investment, is required to open a Radfield Home Care franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £27,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible.
Take a look at Moonstone Day Care. By joining its network of five franchisees, you could play a part in this brand's success. Starting a Moonstone Day Care business requires a significant initial investment of £100,000. If you intend to get a loan to cover the startup costs, Moonstone Day Care asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. When investing in this franchise, you could qualify for financial assistance.
As a final example, check out Gymboree. Initially established in 2000, Gymboree now has over 20 years of experience under its belt. There are 30 outlets open so far, and the network is expanding. To start your own Gymboree franchise, you will need to invest £93,000, of which at least £60,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Due to the higher startup costs, this option is not recommended 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.
Starting a business in Child Care services has great potential. If you're interested, explore our nine available opportunities. If you're interested in exploring franchising options in other sectors, Point Franchise offers almost 250 brands to choose from.
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