Car & Automotive Franchise opportunities to start in Telford
Investing in Telford could be your next move
Located in the West Midlands, Telford is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising possibilities in Telford and Wrekin and take the first step towards running your own business. Why not have a look through our selection of franchising options? There are opportunities to suit various needs and business goals.
The Telford and Wrekin area has 178,000 residents. The 40-59 age group has the highest concentration in the population. In terms of employment, the region has a labour force of 88,300 people (80.4%), of which the unemployment rate is 4.5%. This figure is slightly higher than the average unemployment rate across the UK. Salaries in Telford and Wrekin average £25,758 a year, while in the United Kingdom the average income is £30,629.
What the Automotive industry could offer you
In the United Kingdom, you will find 27 franchises recruiting in the Automotive sector. You can choose an investment opportunity from 10 Car franchises, two Taxi franchises, three Car Wash franchises, three Tyre franchises and eight Garage & Car Repair franchises. Let our selection of brands be your guide to starting your next exciting business opportunity.
Take a look at three franchise business examples
If you'd like to open your own Automotive business, The Wheel Specialist could be a great option for you. The brand is expanding, with 30 outlets already in operation, and a desire to expand further. You will need to invest £160,000 to start operating your own Wheel Specialist business, which is a significant initial investment. Your personal investment should account for at least £60,000 of the total amount. It is thus less appropriate for new investors. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may be eligible for financial assistance.
Autoremedy Vehicle Repair Service is an interesting franchise option in the Automotive sector. A total of £30,000, an affordable initial investment, is required to start an Autoremedy Vehicle Repair Service franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £9,999 of the total investment should come from your personal funds. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
Finally, take a look at Etyres, another interesting Automotive franchise that launched in 1996. Etyres has proved itself to be a successful business and leader in the field in its 24 years since opening.
We offer a total of 27 businesses in the Automotive industry. If you're interested, see if the right investment opportunity for you is among them. You will find a total of 236 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.