Franchising details
Do you have energy and enthusiasm and enjoy working with children? Are you ready to take your first step towards a whole new start?
The Banana Moon Day Nursery franchise enables you to build your own successful day nursery under our highly-respected brand. Operating one of our Day Nursery franchises is rewarding on so many different levels.
Certainly the business is extremely profitable, and successful nurseries have a significant resale value if you later decide to sell the business.
Some franchisees will look at this as an investment opportunity, and recruit staff to handle the day-to-day running of the nursery.
Others will prefer to be more ‘hands on’, and get involved in the fun and friendly world of childcare – either way, the business can be structured to suit what you need both in terms of financial and personal rewards.
About the Business
There is of course a very large market for our service, but we recognise – from our own personal experience – that in order to succeed we need to consistently exceed the expectations of our customers.
The parents who visit us never fail to be impressed by our unique approach to childcare; friendly knowledgeable staff, sophisticated CCTV security, biometric entry systems, full air-conditioning, high-quality dietary provisions – these are just some of the facilities which make parents choose a Banana Moon Day Nursery over any other.
By becoming part of our brand and operating to our same exacting standards, you too can enjoy the levels of success enjoyed by our original nurseries and benefit from the strength of the brand nationwide.
We have developed a unique system which is loved by parents and children alike, but the key to our success is in maintaining extremely high standards across all of our nurseries.
Our systems for safety and security are second to none, ensuring a safe, caring and fun environment which parents love to recommend to their friends and families.
Becoming a Franchisee
As a franchisee you will receive all of the training, support and guidance necessary to get your business up and running quickly and painlessly, reducing the risks normally associated with business start-ups as you will be following our own proven system.
We will work with you to develop a tailored business plan, help you identify premises, locate staff and find customers. Most importantly, we are committed to ensuring your business succeeds, so we will always be on hand to help you grow your business.
There will be investment required, and building any new business requires hard work and dedication, but running your own Banana Moon Day Nursery is hugely rewarding in so many ways - and not just financially!
The Investment
When you come to see us, one of the things we shall discuss in more detail will be the financial implications of becoming a Banana Moon Day Nursery franchisee and the type of premises you will need.
It’s worth mentioning at this stage that finding premises is one of the hardest parts of the whole process, and depending upon the condition of the building and the terms of the lease, the costs can be significant. However, once we have helped you find the premises we supply all of the equipment, training and guidance you need to get you started in our new, enhanced franchise package for just £47,500 + VAT.
There will be additional costs in preparing to open and your total investment will vary depending upon the size and location of the premises, the terms of lease and condition of the building.
If we also allow for the working capital to cover your costs throughout the first year or so, the likely total investment will usually be between £200,000 and £250,000.
As the bank will lend you some, but not all, of this we would estimate that you should have liquid capital (cash) reserves of at least £60,000 before applying for a franchise).
Can I Get Finance?
We have good relationships with the main High Street banks, most of whom will advance you between 50% and 70% of the funding required.
They will of course require you to present them with a business plan showing how you intend to build your business, and we will be pleased to assist you in the production of this.
