Car & Automotive Franchise opportunities to start in Shrewsbury
Investing in a franchise in Shrewsbury
If you want to start a business in Shrewsbury, working for yourself but not on your own, then check out our franchising options in the West Midlands. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Shropshire area and across the United Kingdom. Explore our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
According to recent census data, there are 320,000 people living in Shropshire. The majority of the population sits within the 60+ age category. The 2.7% unemployment rate among the 151,100 economically active people in the area is significantly lower than the national average. The average annual salary across the United Kingdom is £30,629. With a gross income averaging £28,225, residents of Shropshire have a slightly lower salary than the national average.
Why the Automotive industry might be a good option for you
If the idea of running a business in the Automotive industry appeals to you, have a look at the 27 brands currently recruiting franchisees in the sector. With eight Garage & Car Repair franchises, three Car Wash franchises, two Taxi franchises, 10 Car franchises and three Tyre franchises, this field has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests. Many companies in Shropshire already work in the Automotive Sector, which employs 3,500 people. You would become a part of a well-established business community.
Three franchise business examples worth looking at
If working in the Automotive sector appeals to you, check out Autoremedy Vehicle Repair Service. Opening an Autoremedy Vehicle Repair Service business requires a reasonable initial investment of £30,000. At least £9,999 should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. Financial assistance is available for eligible franchisees. See eligibility details on our website.
Take a look at Hometyre, another interesting Automotive franchise. This business opportunity requires an affordable initial investment of £40,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Hometyre requires a minimum personal investment of £20,000. 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.
Finally, another possibility to consider is Autoglym. The brand has been operating since 1996. The brand has acquired valuable experience and expertise over the past 24 years. By joining its network of 65 franchisees, you could play a part in this brand's success. An initial investment of £50,000 will allow you to open your own Autoglym business. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
If working in the Automotive industry appeals to you, check out our 27 available franchising opportunities in the sector. At Point Franchise, we have 236 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.