Car & Automotive Franchise opportunities to start in Walsall
Investing in a franchise in Walsall
If you're thinking about running your own business in Walsall, located in the West Midlands, you should explore franchising options. Several companies are currently recruiting in the Walsall area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, have a browse and see what other options catch your eye. We have brands to suit all kinds of interests and career goals.
There are approximately 283,000 people currently living in Walsall. The most represented age group is 0-19 years of age. The area has a 6.7% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's labour force consists of 130,000 people or 75.7% of the total population. Residents in the area earn £24,014 per year on average. This income is lower than the national average gross salary, which reaches just over £30,500.
Franchising opportunities in the Automotive industry
Across the UK, there are 27 franchises in the Automotive sector. There are eight Garage & Car Repair franchises, two Taxi franchises, 10 Car franchises, three Car Wash franchises and three Tyre franchises offering franchising opportunities. You'll find options to suit many different career objectives and aspirations.
Three franchise business examples
If you are interested in running a business in the Automotive sector, read about Revive! Auto Innovations. By joining its current 60 franchisees, you would be joining a growing brand network. A reasonable initial investment of £32,000 will enable you to start your own Revive! Auto Innovations business. In most cases, your personal investment should represent 30 to 50% of the total amount. Revive! Auto Innovations requires you to personally invest at least £14,000. You could potentially apply for a loan to cover the remaining costs. These relatively low startup costs make it a good option to pursue for first-time franchisees. Financial support is available for eligible franchisees.
Check out Autoremedy Vehicle Repair Service. This business opportunity requires a reasonable initial investment of £30,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Autoremedy Vehicle Repair Service requires a minimum personal investment of £9,999. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance. See eligibility details on our website.
Finally, Autoglym is another successful brand that has been operating in the Automotive industry since 1996. Autoglym now has over 24 years of experience under its belt. The brand is growing, with 65 locations already in operation, and a desire to expand further. You will need an initial investment of £50,000 to open your own Autoglym business. It is thus less appropriate for new investors.
If you are thinking about opening a franchise business in the Automotive sector, you might be interested to browse our 27 available brands. You will find a total of close to 250 franchise possibilities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.