Car & Automotive Franchise opportunities to start in Paignton
Paignton could be home to your new business
Are you thinking about opening a franchise? Paignton, in the South West, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while managing your own business. Have a look at the brands currently recruiting in Torbay. To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
The Torbay area has 136,000 residents. The most prevalent age range in the population is over 60 years old. The labour force constitutes 78.1% of the population, or approximately 59,400 people. The community has an unemployment rate of 4.1% which is in line with the UK average of 4%. Residents of Torbay have an annual average income of £23,343. In comparison, the average gross salary in the UK is just over £30,500.
Have you considered the Automotive industry?
Are you interested in the Automotive sector? If so, there are 27 available brands to choose from across the United Kingdom. Check out our three Tyre franchises, two Taxi franchises, eight Garage & Car Repair franchises, three Car Wash franchises and 10 Car franchises. Could one of these businesses help you reach your career goals and aspirations?
Three brands worth your attention
The Wheel Specialist is a competitive business operating in the Automotive industry. You will need to invest £160,000 to start running your own Wheel Specialist business, which is a substantial initial investment. Your personal investment should account for at least £60,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
Etyres, open since 1996, is another interesting option. Etyres now has over 24 years of experience under its belt.
Hometyre is a third interesting franchise option in the Automotive industry. Starting a Hometyre business requires an affordable initial investment of £40,000. If you plan on getting a loan to cover the startup costs, Hometyre asks for a personal investment of at least £20,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees.
If working in the Automotive sector appeals to you, take a look at our 27 available franchising options in the sector. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.