Car & Automotive Franchise opportunities to start in Middleton
What can Middleton offer to new businesses?
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our selection of brands in Middleton, located in the Argyll and Bute area in Scotland, where many companies are currently recruiting. By browsing the sectors that appeal to you the most, you will find the brands that best suit your interests and career goals.
According to recent census data, 86,000 people live in Argyll and Bute. The age group with the highest concentration is 60+. Argyll and Bute has an unemployment rate of 3.3% within its labour force of 38,500 people. This rate is low compared to the national average. The gross annual salary in Argyll and Bute amounts to £22,362, which is lower than the national average of close to £31,000.
Why Automotive businesses appeal to franchisees
There are 27 brands offering franchise options in the Automotive industry. Have a look at our 10 Car franchise, two Taxi franchises, three Car Wash franchises, three Tyre franchises and eight Garage & Car Repair franchises. Could one of these businesses help you reach your career goals and aspirations?
Take a look at three franchise business examples
Revive! Auto Innovations is a competitive brand operating in the Automotive sector. The brand is growing, with 60 location already in operation, and a desire to expand further. Starting a Revive! Auto Innovations business requires a reasonable initial investment of £32,000. If you intend to get a loan to cover the startup costs, Revive! Auto Innovations asks for a personal investment of at least £14,000. For most franchises, this amount represents 30 to 50% of the total investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may be eligible for financial support.
The Wheel Specialist could be another good option for you to invest in. This brand is expanding, counting 30 outlet in the United Kingdom. A total of £160,000, a substantial initial investment, is required to open a Wheel Specialist franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £60,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Lastly, another option worth considering is Autoglym, a company that has been operating since 1996. Autoglym now has over 24 years of experience under its belt. There are 65 franchise open so far, and the network is expanding. Opening an Autoglym business requires an initial investment of £50,000. Due to the higher startup costs, this option is not recommended for first-time franchisees.
If you would like to take a look at more franchising options in the Automotive industry, we currently have 27 available opportunities. With close to 250 new business investment opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.