Car & Automotive Franchise opportunities to start in Sutton Coldfield
Thinking about living and working in Sutton Coldfield?
If you want to start your own business, you may find that Sutton Coldfield has a lot to offer. Several brands are currently recruiting franchisees in the Birmingham area. Keep reading to find out if running a franchise could be a good option for you! Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and business objectives.
Birmingham has an estimated population of 1,141,000 people. The most prevalent age group in the population falls within the 20-39 age bracket. Birmingham has an unemployment rate of 8.8% within its labour force of 522,400 people. This rate is high compared to the UK average. The average gross income in the UK is £30,629. Residents of Birmingham earn £26,786 a year on average.
What the Automotive sector could offer you
Are you interested in the Automotive industry? You're likely to come across a franchise worth considering among 27 brands in the UK. This sector offers a variety of interesting options, including two Taxi franchises, three Car Wash franchises, three Tyre franchises, 10 Car franchises and eight Garage & Car Repair franchises. See if any catch your eye. Opening a business is not a simple feat, but becoming a franchisee makes running your own business much more feasible. The Birmingham area offers plenty of opportunities for starting a new and exciting business venture of your own. The Automotive Sector is a busy one in the region, already employing 8,000 people. So, what is stopping you from opening your own business in Birmingham today?
Three examples of available franchise business possibilities
Revive! Auto Innovations operates in the Automotive industry. This brand is developing, counting 60 locations across the UK. To start your business, you will need an initial investment of £32,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will usually be required. For Revive! Auto Innovations, the minimum personal investment is £14,000. These low startup costs make it a good option to pursue for first-time franchisees. You could also receive financial assistance, if eligible.
Take a look at Autoglym, another attractive Automotive franchise that launched in 1996. The company is now mature and a leader within the sector, having grown its franchise community for 24 years. There are 65 outlets open so far, and the network is expanding. You will need an initial investment of £50,000 to open your own Autoglym business. It is thus less appropriate for new investors.
Lastly, another option to consider is Autoremedy Vehicle Repair Service. This business opportunity requires an affordable 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 asks for a minimum personal investment of £9,999. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you. If you can't afford the startup costs on your own, you may qualify for financial aid. See 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 are still not sure which sector best suits your needs, have a look through our range of almost 250 franchising opportunities across various sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.