Car & Automotive Franchise opportunities to start in Washington
Investing in Washington could be your next move
Discover the business options waiting for you in Washington, situated in North East England. On this page you'll find a selection of brands that could make you a franchisee in the Sunderland area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. With your interests and career objectives in mind, have a look at our range of new business investment opportunities.
The Sunderland area has a population of 277,000 residents. Residents in the 40-59 age category make up the largest portion of the population. The community has 130,000 economically active people, representing 74.5% of the population, with an unemployment rate of 7.1%. This rate is slightly higher than the country's 4% national average. Sunderland has an average annual income of £24,167, which is lower than the national average salary of just over £30,500.
What the Automotive industry could offer you
There are 27 UK-based franchises available in the Automotive sector. In fact, you can pick from three Car Wash franchises, eight Garage & Car Repair franchises, 10 Car franchises, three Tyre franchises and two Taxi franchises today.
Check out three available franchise opportunities
Hometyre is a competitive business operating in the Automotive sector. In order to start a Hometyre business, an affordable initial investment of £40,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Hometyre asks for a personal investment of at least £20,000. These relatively low startup costs make it a good option to pursue for first-time franchisees.
Etyres is another attractive brand operating in the Automotive sector. The first franchise opened in 1996. The brand has gained valuable experience and expertise over the past 24 years.
Finally, you could also have a look at Autoglym, which has been in business since 1996. Autoglym has proved itself to be a successful business and leader in the field in its 24 years since opening. By joining its current 65 franchisees, you would be joining a growing brand network. Initially, you would need to invest £50,000 to get your own Autoglym business up and running. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
Starting a business in the Automotive industry has great potential. If you're interested, check out our 27 available opportunities. If you're interested in exploring investment options in other sectors, we've got a total of almost 250 franchising opportunities to choose from on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.