Car & Automotive Franchise opportunities to start in Bath
Bath: A great location to start a business
If you want to start your own business, you may find that Bath has a lot to offer. Many companies are currently looking for franchisees in the Bath and North East Somerset area. Read on to see if running a franchise could be a good option for you! We offer a variety of realistic new business investment opportunities, so that you can find one you like.
The Bath and North East Somerset area has 192,000 residents. The most represented age range is 20-39 years old. Unemployment in the area (3.6%) is low compared to the United Kingdom as a whole (4%). The labour force represents 80.4% of the local population, or 96,900 people. With an average gross annual income of £30,828, salaries in Bath and North East Somerset are in line with the average salary of just over £30,500 across the UK.
Why choose to open a business in the Automotive industry?
Are you interested in the Automotive sector? If so, there are 27 available brands to choose from in the United Kingdom. In fact, you can choose from three Tyre franchises, eight Garage & Car Repair franchises, three Car Wash franchises, 10 Car franchises and two Taxi franchises today.
Three examples of available franchise business possibilities
The Automotive industry offers a range of brands to choose from, including Hometyre. Opening a Hometyre business requires an affordable initial investment of £40,000. At least £20,000 should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees.
The Wheel Specialist is another interesting franchising opportunity if you plan to invest in the Automotive industry. The brand is developing, with 30 locations currently in operation, and a desire to expand further. A substantial initial investment of £160,000 will enable you to start your own Wheel Specialist business. In most cases, your personal investment should represent 30 to 50% of the total amount. The Wheel Specialist 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. You will also need to invest in a small premises to operate this business. If you can't afford the startup costs on your own, you may qualify for financial assistance.
Lastly, if the Automotive sector appeals to you, Revive! Auto Innovations is another option you could have a look at. By joining its current 60 franchisees, you would become a part of a growing brand network. You will need an initial investment of £32,000 to start your own Revive! Auto Innovations business. Your personal investment should account for at least £14,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Given these low startup costs, this option could be suitable for first-time franchisees.
The Automotive industry offers many interesting franchising opportunities, including our 27 franchise options. Don't forget that we offer new business investment selections across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our option of close to 250 franchising options.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.