Car & Automotive Franchise opportunities to start in West Bromwich
Why should you invest in West Bromwich?
The franchising opportunities in West Bromwich, located in the West Midlands, are numerous. As a franchisee, you could have the independence of working alone with the support of a team behind you. Stay on this page to find out which brands you could work with in Sandwell. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and career goals.
Sandwell has a population of approximately 327,000 people. Residents aged 20 to 39 years old make up the prevalent age group within the population. The local unemployment rate of 5.3% is high compared to the UK average of 4%. The local labour force consists of 153,400 people, representing 74.7% of the population. The local income averages £23,823 per year, which is lower than the £30,629 average income in the UK as a whole.
Why the Automotive industry might be a good option for you
Across the UK, there are 27 franchises operating in the Automotive industry. We have two Taxi franchises, eight Garage & Car Repair franchises, three Tyre franchises, three Car Wash franchises and 10 Car franchise. Take a look at the brands to see if your perfect match is among them. If you would like to work in the Automotive Sector, it may interest you to know that, in the Sandwell area, 3,000 people currently work in the industry.
Three franchises that might interest you
If you plan to invest in an Automotive business, you could consider Hometyre. A reasonable initial investment of £40,000 will enable you to open your own Hometyre business. In most cases, your personal investment should represent 30 to 50% of the total amount. Hometyre requires you to personally invest at least £20,000. You could potentially get a loan to cover the remaining costs. These low startup costs make it a good option to pursue for first-time franchisees.
Another option to consider is Etyres. The company has been in business since 1996. Etyres has proved itself to be a successful business and leader in the field in its 24 years since opening.
Lastly, another option worth considering is The Wheel Specialist. By joining its network of 30 franchisee, you could play a part in this brand's success. You will need an initial investment of £160,000 to open your own Wheel Specialist business. Your personal investment should account for at least £60,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Due to the higher startup costs, this option is not advisable for first-time franchisees. A small premises will also be required to operate this business. By investing in this established brand, you could be eligible for financial aid. See our website for details.
There are currently 27 franchising opportunities available in the Automotive industry. Whether you've already made the decision to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we offer a total of 236 franchising opportunities to help you find the perfect fit.
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