Car & Automotive Franchise opportunities to start in Preston
Preston is waiting for you to start a franchise business
Have you ever considered opening a franchise in Preston? This could be your opportunity to run your own business while benefiting from comprehensive training and marketing support, since many businesses in the Scottish Borders area are currently recruiting franchisees. With your interests and business objectives in mind, have a look at our range of franchising options.
Recent figures show that 115,000 people live in Scottish Borders. When broken down by age group, the majority of the population falls within the 60+ category. The labour force in Scottish Borders amounts to 53,300 people, with an unemployment rate of 3.2%. This rate is lower than the national average. The gross annual salary in Scottish Borders amounts to £26,777, which is slightly lower than the national average of close to £31,000.
Why the Automotive industry appeals to franchisees
There are 27 franchises in the Automotive industry to choose from. There are currently two Taxi franchises, three Tyre franchises, 10 Car franchises, eight Garage & Car Repair franchises and three Car Wash franchises recruiting franchisees. Have a browse to find out whether any fit your career goals and aspirations.
Three franchise business examples
Revive! Auto Innovations is a competitive brand operating in the Automotive industry. By joining its 60 franchises already in operation, you could contribute to this company's expansion. A reasonable initial investment of £32,000 will enable you to open your own Revive! Auto Innovations business. In most cases, your personal investment should represent 30 to 50% of the total amount. Revive! Auto Innovations requires you to personally invest at least £14,000. You could potentially apply for a loan to cover the remaining costs. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. If you can't cover the startup costs on your own, you could see if you qualify for financial aid.
Another option to consider is Hometyre. You will need to invest £40,000 to open your own Hometyre business. At least £20,000 of this affordable amount should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees.
Lastly, The Wheel Specialist could be another good option for you to invest in. There are 30 outlets open so far, and the network is expanding. You will need to invest £160,000 to start operating your own Wheel Specialist business, which is a significant initial investment. Your personal investment should account for at least £60,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. When investing in this franchise, you could qualify for financial assistance. Visit our website for details.
The Automotive sector currently offers 27 investment opportunities. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
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