Car & Automotive Franchise opportunities to start in Cheltenham
Opening a franchise business in Cheltenham
Would you like to start a business in Cheltenham, located in the South West? Would you like to work for yourself but not on your own? If so, take a look at our franchising opportunities. On this page, you'll find various brands offering the training and support you need to run your own business in the Cheltenham area. 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.
A recent census found that 117,000 people live in Cheltenham. Residents aged 20 to 39 years old have the highest concentration in the population. The region has an economically active population of 64,100 people, or 87.6% of the total population. The unemployment rate (3.8%) is comparable to the rest of the United Kingdom. With an average gross annual income of £36,162, salaries in Cheltenham are significantly higher than the average salary of just over £30,500 across the United Kingdom.
Why Automotive businesses appeal to franchisees
There are currently 27 opportunities to invest in the Automotive industry. If you would like to run a business in this sector, keep reading. Available franchises include three Car Wash franchises, eight Garage & Car Repair franchises, two Taxi franchises, 10 Car franchises and three Tyre franchises. The perfect business to suit your career objectives and aspirations might just be among them.
Eager to find out more? Here are three franchise business examples
First established in 1996, Etyres is a competitive business operating in the Automotive industry. Etyres now has over 24 years of experience under its belt.
Another brand worth considering is The Wheel Specialist. 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. At least £60,000 should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business.
Lastly, Revive! Auto Innovations is an interesting franchise option in the Automotive industry. The brand is growing, with 60 locations already in operation, and a desire to expand further. This business opportunity requires an affordable initial investment of £32,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Revive! Auto Innovations asks for a minimum personal investment of £14,000. These low startup costs make it a good option to pursue for first-time franchisees. You may be eligible for financial assistance. Visit our website for details.
If you would like to check out more new business investment options in the Automotive industry, we currently have 27 available opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.