Car & Automotive Franchise opportunities to start in Loughborough
Loughborough: A great location to start a business
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Check out our range of brands in Loughborough, located in the Charnwood area in the East Midlands, where many companies are currently recruiting. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
There are an estimated 183,000 people in the Charnwood area. The age group with the highest concentration is 20-39. The 3.1% unemployment rate among 96,200 economically active people in the area is lower than the national average. The region's average gross annual income of £28,053 is slightly lower than the average income of close to £31,000 across the United Kingdom.
Could the Automotive sector be the right choice for you?
The Automotive industry currently offers 27 franchise opportunities. If this sector appeals to you, have a look at our options. With three Tyre franchises, three Car Wash franchises, eight Garage & Car Repair franchises, two Taxi franchises and 10 Car franchises, this field has great potential for exciting business plans. See if there's a brand to suit your goals and interests.
Check out three available franchise opportunities
If you plan to invest in the Automotive sector, The Wheel Specialist could be a good option. There are 30 outlets open so far, and the network is expanding. Starting a Wheel Specialist business requires a substantial initial investment of £160,000. If you plan on getting 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. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. Financial support is available for eligible franchisees.
Autoremedy Vehicle Repair Service is an interesting franchising opportunity in the Automotive sector. To start your own Autoremedy Vehicle Repair Service franchise, you will need to invest £30,000, of which at least £9,999 should be your own personal investment. You could get a loan to help cover the remaining startup costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. If eligible, you might be able to benefit from financial aid. Visit our website for details.
Lastly, Etyres, open since 1996, is another interesting option. Etyres has proved itself to be a successful business and leader in the sector in its 24 years since opening.
Many businesses are already operating in the Automotive industry. We currently have 27 franchise opportunities available in the sector. Point Franchise offers a total of close to 250 franchising options across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.