Car & Automotive Franchise opportunities to start in Grantham
What to know before opening a franchise in Grantham
If you're interested in running your own business in Grantham, located in the East Midlands, you should explore franchising options. Several brands are currently recruiting in the South Kesteven area. As a franchisee you could run your own business while benefitting from comprehensive support. Keep reading to see if this could be for you. We offer a number of franchises to suit various budgets and career goals. Take a look at our range of businesses and sectors to see what might suit you.
South Kesteven has an estimated population of 142,000 people. The most represented age group is 60+ years of age. The local labour force consists of 67,600 people, or 81.6% of the total population. With an unemployment rate of 2.1%, recent data indicates that employment in this area is significantly lower than in the rest of the UK. Across the United Kingdom, the average gross income is £30,629. In the South Kesteven area, it is £28,063.
Why the Automotive sector appeals to franchisees
There are 27 franchises in the Automotive sector to choose from. There are a lot of interesting new business investment options, including two Taxi franchises, three Car Wash franchises, three Tyre franchises, 10 Car franchises and eight Garage & Car Repair franchises. Check out the available brands to find out if your perfect match is among them.
Check out three available franchise opportunities
If you'd like to open your own Automotive business, Revive! Auto Innovations might be a great option for you. The brand is expanding, with 60 locations currently in operation, and a desire to expand further. In order to start a Revive! Auto Innovations business, a reasonable initial investment of £32,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Revive! Auto Innovations requires a personal investment of at least £14,000. These low startup costs make this a good franchising option for first-time franchisees. An investment in this franchise entitles you to financial assistance, if eligible.
Another option worth considering is Autoremedy Vehicle Repair Service. You will need to invest £30,000 to start your own Autoremedy Vehicle Repair Service business. At least £9,999 of this affordable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. Financial support is available for eligible franchisees.
Lastly, another option to consider is The Wheel Specialist. By joining its network of 30 franchisees, you could contribute to this brand's success. A total of £160,000, a significant initial investment, is required to open a Wheel Specialist franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £60,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. If you can't afford the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
Eager to read more about business opportunities in the Automotive industry? Have a look at our 27 available options. If you're interested in exploring investment options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.