Car & Automotive Franchise opportunities to start in Prescot
Starting a new business in Prescot
Are you considering opening a franchise? Prescot, in North West England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while managing your own business. Take a look at the brands currently recruiting in Knowsley. Have a look at our various franchising options to find the sectors and brands that most appeal to you.
There are 150,000 people living in the Knowsley area. Residents in the 40-59 age group make up the largest portion of the population. The community has a 2.9% unemployment rate, which is significantly lower than the UK average of 4%. There are 72,200 economically active people in the region, representing 77.9% of the total population. For the Knowsley area, the average income is £25,844, which is slightly lower than the national average salary of just over £30,500.
Running a franchise in the Automotive industry
There are 27 brands currently looking for franchisees in the Automotive industry. If this sector appeals to you, check them out. You will find a lot of interesting franchising options, including three Car Wash franchises, three Tyre franchises, eight Garage & Car Repair franchises, 10 Car franchises and two Taxi franchises. Check out the available brands to see if your perfect match is among them.
Three examples of available franchise business possibilities
If the Automotive industry is your area of interest, Autoremedy Vehicle Repair Service is worth looking at. This business requires a reasonable initial investment of £30,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start an Autoremedy Vehicle Repair Service business is £9,999. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may qualify for financial assistance.
Another option to consider is Revive! Auto Innovations. By joining its current 60 franchisees, you would be joining a growing brand network. Opening 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. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. You could also benefit from financial aid, if eligible.
The Automotive sector has many brands worth considering. As a final example, check out The Wheel Specialist. By joining its 30 franchises already in operation, you could contribute to this company's expansion. In order to start a Wheel Specialist business, a significant initial investment of £160,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. The Wheel Specialist asks for a personal investment of at least £60,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. When investing in this franchise, you could be eligible for financial aid. Visit our website for more information.
Eager to read more about business opportunities in the Automotive sector? Explore our 27 available options. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors too.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.
