Car & Automotive Franchise opportunities to start in Burnley
Starting a new business in Burnley
If you're considering running your own business in Burnley, located in the North West of England, you should look at franchising options. Several companies are currently recruiting in the Burnley area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. To start off with, 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 Burnley area has 89,000 residents. The age group with the highest concentration is 40-59. The community has a 5.7% unemployment rate, which is slightly higher than the UK average of 4%. There are 39,600 economically active people in the region, representing 74.2% of the total population. The area's average gross annual income of £26,621 is slightly lower than the average income of just over £30,500 across the UK.
Could the Automotive sector be the right choice for you?
If you wish to open a business in the Automotive sector, take a look at our 27 brands currently recruiting franchisees in the sector. Have a look at our two Taxi franchises, three Tyre franchises, 10 Car franchises, eight Garage & Car Repair franchises and three Car Wash franchises. Could one of these businesses help you reach your career goals and aspirations?
Three franchise business examples worth looking at
The Wheel Specialist is a competitive business operating in the Automotive sector. Starting a Wheel Specialist business requires a significant initial investment of £160,000. At least £60,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could be eligible for financial aid. See eligibility details on our website.
Autoglym is an interesting franchising opportunity in the Automotive industry. First launched in 1996, Autoglym has acquired valuable experience in the field in its 24 years since first opening. By joining its current 65 franchisees, you would be joining a growing brand network. Opening an Autoglym business requires an initial investment of £50,000. It is thus less appropriate for new investors.
Lastly, Hometyre could be another good option for you to invest in. To start your business, you will need an initial investment of £40,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Hometyre, the minimum personal investment is £20,000. These low startup costs make this a good franchising option for first-time franchisees.
The Automotive industry currently has 27 franchising opportunities. If you're still torn between different sectors, no problem! Point Franchise offers almost 250 franchising opportunities across many different sectors. Enjoy exploring your options.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.