Car & Automotive Franchise opportunities to start in Peterborough
Is Peterborough a good place to become a franchisee?
Peterborough, located in the East of England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Peterborough area. By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and career goals.
Peterborough has an estimated population of 201,000 people. When broken down by age group, 20-39 year olds represent the largest portion of the population. Unemployment affects 4% of the UK population. With a rate of 6.2%, unemployment in this area is slightly higher than the national average. The labour force amounts to 98,700 people, making up 79.7% of the population. The local income averages £26,549 per year, which is slightly lower than the close to £31,000 average income in the UK as a whole.
Running an Automotive franchise business
Are you interested in the Automotive sector? You're likely to come across a franchise worth considering among 27 brands across the UK. There are a lot of interesting new business investment options, including eight Garage & Car Repair franchises, three Tyre franchises, two Taxi franchises, 10 Car franchises and three Car Wash franchises. Have a look at the available brands to find out if your perfect match is among them. If you're interested in the Automotive Sector, you're not alone. In Peterborough, 3,500 people currently work in the industry.
Have a look at three franchise business examples
If you plan to invest in an Automotive business, you could consider Revive! Auto Innovations. By joining its 60 franchises already in operation, you could contribute to this brand's expansion. Starting a Revive! Auto Innovations franchise will require you to invest a minimum of £32,000. At least £14,000 of this should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Another option worth considering is Autoremedy Vehicle Repair Service. This business opportunity requires a reasonable initial investment of £30,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Autoremedy Vehicle Repair Service requires a minimum personal investment of £9,999. These low startup costs make this a good franchising option for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid. Visit our website for more information.
Lastly, Autoglym is an interesting franchising opportunity in the Automotive industry. First opened in 1996, Autoglym now has over 24 years of experience under its belt. This brand is expanding, counting 65 locations across the United Kingdom. Initially, you would need to invest £50,000 to get your own Autoglym business up and running. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
If you are interested in the Automotive sector and would like to discover more franchising options, check out the 27 brands available in this sector. Point Franchise currently has a total of close to 250 brands recruiting franchisees across a range of sectors. Have a look to see which other sectors you might want to invest in.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.