Car & Automotive Franchise opportunities to start in Hatfield

Investing in a franchise in Hatfield

Hatfield, located in the West Midlands, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Herefordshire area. If you already know which line of work you'd like to pursue, check out our franchise options in that sector. If not, look around and see what other options catch your eye. We have businesses to suit all kinds of interests and career objectives.

There are approximately 192,000 people currently living in Herefordshire. The most prevalent age group in the population falls in the 60+ age bracket. The region has a labour force of 93,100 people, or 85.1% of the total population. The unemployment rate (2.5%) is very low compared to the rest of the United Kingdom. The average annual income across the United Kingdom is £30,629. With a gross salary averaging £25,778, residents of Herefordshire have a slightly lower salary than the national average.

Why Automotive businesses appeal to franchisees

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

Want to know more? Read about these three brands

If working in the Automotive sector appeals to you, take a look at Autoremedy Vehicle Repair Service. This business requires a reasonable initial investment of £30,000. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start an Autoremedy Vehicle Repair Service business is £9,999. These low startup costs make it a good option to pursue for first-time franchisees. By investing in this franchise, you may be eligible for financial support.

You could also consider The Wheel Specialist. By joining its network of 30 franchisees, you could contribute to this brand's success. A total of £160,000, a substantial 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. You will also need to invest in a small premises to operate this business. When investing in this franchise, you could qualify for financial assistance. Visit our website for more information.

Finally, another interesting franchise option is Hometyre. Starting a Hometyre business requires an affordable initial investment of £40,000. At least £20,000 should come from your own personal investment. These relatively low startup costs make it a good option to pursue for first-time franchisees.

Eager to read more about business opportunities in the Automotive sector? Have a look at our 27 available options. If you're curious about franchising opportunities in other sectors, Point Franchise offers 236 brands to choose from.

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