Car & Automotive Franchise opportunities to start in Newcastle-under-Lyme

Newcastle-under-Lyme is an attractive town to invest in

Newcastle-under-Lyme, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Newcastle-under-Lyme area. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business objectives.

There are 129,000 people living in the Newcastle-under-Lyme region. The 20-39 age range is the most represented within the population. The local labour force consists of 62,600 people, or 76.3% of the total population. With an unemployment rate of 5%, recent data indicates that employment in this area is slightly higher than in the rest of the United Kingdom. In the UK, the average gross salary is £30,629; in the Newcastle-under-Lyme area, it is £24,646.

Why the Automotive sector appeals to franchisees

There are currently 27 opportunities to invest in the Automotive industry. If you would like to operate a business in this sector, keep reading. Available franchises include two Taxi franchises, three Tyre franchises, three Car Wash franchises, 10 Car franchises and eight Garage & Car Repair franchises. The perfect business to suit your career goals and aspirations might just be among them.

Three brands worth your attention

If the Automotive sector is your area of interest, The Wheel Specialist is worth looking at. By joining its current 30 franchisees, you would be joining a growing brand network. To start your business, you will need an initial investment of £160,000. 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 The Wheel Specialist, the minimum personal investment is £60,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid.

Autoglym is another successful business that has been operating in the Automotive industry since 1996. Autoglym now has over 24 years of experience under its belt. By joining its network of 65 franchisees, you could contribute to this brand's success. Initially, you would need to invest £50,000 to get your own Autoglym business up and running. Due to the higher startup costs, this option is not recommended for first-time franchisees.

Lastly, another option to consider is Autoremedy Vehicle Repair Service. Starting an Autoremedy Vehicle Repair Service franchise will require you to invest a minimum of £30,000. At least £9,999 of this should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. Financial assistance can be given in some circumstances. See eligibility details on our website.

There are 27 franchises waiting to be discovered in the Automotive industry. Point Franchise has 236 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.

Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.