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Best Children Franchises For UK Franchisees
Buying and running a children franchise can be a great way of letting your investments generate consistent returns – not to mention, it’s a highly rewarding field for the passionate.
Franchises for children come in a variety of shapes, forms and sizes. Depending upon your location, budget and preferences, it’s possible to find franchise opportunities that tick most boxes, thanks largely to the great deal of variety this sector exhibits. On this page, we have curated some of the most popular children franchise opportunities.
Children Franchises Operate In An Evergreen Sector
Service sector businesses seem to respond more robustly to technological innovations, and thus, a child franchises – regardless of its business model – allow you to operate in an evergreen sector.
There are over 10 million children aged 15 or less in the UK. An average family spends approximately £250 per month on their child’s extra-curricular activities. These two numbers paint a very promising picture for children’s business opportunities.
How Much Do UK Children Franchise Opportunities Cost?
The minimum initial investment required for a franchisee to buy and run a franchise largely depends upon the brand value of the franchisor and the local market forces in a given location.
Our study of dozens of child based businesses shows that the minimum initial investment ranges between £5,000 and £30,000. Many franchisors also offer third-party franchise finance, should you feel the need for it.
Types of Children Franchises
Major types include education franchises, sports/fitness franchises, art franchises, merchandising franchises and childcare franchises. In most cases, you will not need to bring on board prior experience. Much of your job, as a franchise owner, will be of the managerial nature. It, however, helps if you have previously run your own business.
Children Franchises Can Be Run From Your Home!
It is indeed possible to run a children’s business right from your home – provided that the scale of your business is small enough. Certain types – sports/fitness franchises, for instance – will, however, require you to look for a dedicated business location. Since most franchise businesses in this sector operate in residential areas, finding an affordable location should be relatively easier.
Keys to making successful a kid’s franchise include – efficient marketing, smart networking, community-oriented services and unique value additions.