Nursery Franchise opportunities to start in Paignton
Starting a new business in Paignton
Have you ever considered opening a franchise in Paignton? This could be your opportunity to manage your own business while receiving comprehensive training and marketing support, since many businesses in the Torbay area are currently recruiting franchisees. We offer a number of franchises to suit different budgets and career goals. Have a look at our range of brands and sectors to see what might suit you.
According to recent census data, there are 136,000 people living in Torbay. When broken down by age group, the 60+ age range is the most prevalent in the population. The area has 59,400 economically active people, representing 78.1% of the population, with an unemployment rate of 4.1%. This rate is in line with the country's 4% national average. The average annual salary across the UK is close to £31,000. With a gross income averaging £23,343, residents of Torbay have a lower salary than the national average.
Child Care services and its franchising opportunities
Child Care services currently offer nine franchise opportunities. If this sector appeals to you, take a look at our options. Child Care services are part of the Personal & Home Care Services sector, which also offers three Funeral franchises, three Plumbing franchises, two Wedding franchises, four Medical franchises and 17 Healthcare franchises. The perfect business to suit your career objectives and aspirations might just be among them.
Want to know more? Read about these three brands
Choice Home Tutoring is an interesting franchise operating in Child Care services. The brand is growing, with four locations already in operation, and a desire to expand further. Starting a Choice Home Tutoring franchise will require you to invest a minimum of £17,500. At least £6,000 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Check out Gymboree. In business since 2000, Gymboree has acquired valuable experience in the field in its 20 years since first opening. By joining its 30 franchises already in operation, you could contribute to this company's expansion. A significant initial investment of £93,000 will enable you to open your own Gymboree business. In most cases, your personal investment should represent 30 to 50% of the total amount. Gymboree requires you to personally invest at least £60,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Finally, you could also have a look at Promedica24. This brand is developing, counting 100 outlets in the UK. You will need to invest £40,000 to open your own Promedica24 business. At least £1,000 of this reasonable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. Financial assistance can be given in some circumstances. Visit our website for details.
If you are interested in Child Care services and would like to learn more about its available franchising options, look into the nine businesses currently recruiting franchisees in the sector. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.