Car & Automotive Franchise opportunities to start in Lichfield

Lichfield: A great location to start a business

You could start your own business by becoming a franchisee in Lichfield. There are a number of franchise options to choose from in Lichfield, located in the West Midlands. Check out our selection of brands and start running your own business with a team behind you. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business objectives.

There are approximately 104,000 people currently living in Lichfield. The majority of residents are aged over 60 years old. In the UK, the average gross salary is £30,629; in the Lichfield area, it is £33,360.

Running a franchise in the Automotive industry

Across the United Kingdom, there are 27 franchises in the Automotive sector. You can pick an investment opportunity from three Car Wash franchises, 10 Car franchises, two Taxi franchises, eight Garage & Car Repair franchises and three Tyre franchises. Let our selection of brands be your guide to starting your next exciting business opportunity.

Three brands worth your attention

If you're interested in the Automotive industry, have a look at The Wheel Specialist. There are 30 outlets open so far, and the network is expanding. Opening a Wheel Specialist business requires a significant initial investment of £160,000. If you intend to get a loan to cover the startup costs, The Wheel Specialist asks for a personal investment of at least £60,000. For most franchises, this amount represents 30 to 50% of the total investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial assistance can be given in some circumstances.

Take a look at Hometyre. This business opportunity requires a reasonable 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 asks for a minimum personal investment of £20,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.

Lastly, you could also consider Autoremedy Vehicle Repair Service. To start your business, you will need an initial investment of £30,000. 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 Autoremedy Vehicle Repair Service, the minimum personal investment is £9,999. These low startup costs make this a good franchising option for first-time franchisees.

Opening a business in the Automotive industry has great potential. If you're interested, explore our 27 available opportunities. Point Franchise has almost 250 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.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.