Car & Automotive Franchise opportunities to start in Stockport
What to know before opening a business in Stockport
Stockport, located in North West England, 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 Stockport area. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
An estimated 292,000 people currently live in Stockport. Residents in the 40-59 age group make up the largest portion of the population. The labour force in Stockport amounts to 141,600 people, with an unemployment rate of 4.8%. This rate is slightly higher than the national average. In the UK, the average gross salary is just over £30,500; in the Stockport area, it is £31,553.
Why the Automotive industry might be a good option for you
Are you interested in the Automotive industry? You're likely to come across a franchise worth considering among 27 brands in the UK. Check out our two Taxi franchises, 10 Car franchises, three Tyre franchises, eight Garage & Car Repair franchises and three Car Wash franchises. Could one of these businesses help you reach your career goals and aspirations?
Eager to know more? Here are three franchise business examples
If you would like to invest in an Automotive business, you could consider Revive! Auto Innovations. By joining its 60 franchises already in operation, you could contribute to this brand's expansion. A reasonable initial investment of £32,000 will enable you to start your own Revive! Auto Innovations business. In most cases, your personal investment should represent 30 to 50% of the total amount. Revive! Auto Innovations requires you to personally invest at least £14,000. You could potentially get a loan to cover the remaining costs. 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. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See eligibility details on our website.
Take a look at Autoglym. First established in 1996, Autoglym now has over 24 years of experience under its belt. The brand is growing, with 65 locations already in operation, and a desire to expand further. To open your own Autoglym business, you will need an initial investment of £50,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
The Automotive industry has many brands worth considering. As a final example, have a look at Hometyre. A total of £40,000, a reasonable initial investment, is required to open a Hometyre franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £20,000 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees.
If you would like to take a look at more new business investment options in the Automotive sector, we currently have 27 available opportunities. If you're interested in exploring franchising opportunities in other sectors, Point Franchise offers 236 brands to pick from.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.