Car & Automotive Franchise opportunities to start in Durham
Durham: A great location to start a business
If you want to open a business in Durham, working for yourself but not on your own, then check out our franchising opportunities in North East England. On this page, you will find a range of brands to choose from for becoming a franchisee in the County Durham area and across the UK. We offer a number of franchises to suit different budgets and career objectives. Take a look at our selection of brands and sectors to see what might suit you.
The population of County Durham is 527,000. The most represented age group is 60+ years of age. The community has a 5.7% unemployment rate, which is slightly higher than the national average of 4%. There are 244,900 economically active people in the region, representing 75.5% of the total population. Across the UK, the annual gross income is close to £31,000 on average. In the area of County Durham, it averages £27,594.
Running a franchise in the Automotive sector
Across the United Kingdom, there are currently 27 opportunities to run your own franchise in the Automotive industry. There are three Car Wash franchises, two Taxi franchises, 10 Car franchises, eight Garage & Car Repair franchises and three Tyre franchises offering franchising opportunities. You'll find options to suit all kinds of career goals and aspirations.
Three examples of available franchise business possibilities
Hometyre is an interesting business operating in the Automotive sector. Starting 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.
Check out 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 usually need to cover 30 to 50% of the total investment. Autoremedy Vehicle Repair Service requires a minimum personal investment of £9,999. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial aid.
Lastly, The Wheel Specialist is another attractive brand operating in the Automotive industry. To open your own Wheel Specialist franchise, you will need to invest £160,000, of which at least £60,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. Given these higher startup costs, this is 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. An investment in this franchise entitles you to financial assistance, if eligible. See our website for more information.
If you are interested in the Automotive sector and would like to know more about its available franchising options, explore the 27 companies currently recruiting franchisees in the sector. Don't forget that we offer new business investment ranges across a variety of sectors on Point Franchise. If you're still looking for the perfect match, just explore our opportunity of close to 250 franchising options.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.