Car & Automotive Franchise opportunities to start in Solihull
Why should you invest in Solihull?
The franchising opportunities in Solihull, 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 Solihull. Browse our extensive possibilities in order to find the right franchise for you, and you'll be one step closer to opening your own business.
The Solihull area has a population of 215,000 residents. Residents in the 40-59 age category make up the largest portion of the population. The 3.9% unemployment rate among the 101,800 economically active people in the area is in line with the UK average. Residents of Solihull have an annual average income of £36,450. In comparison, the average gross salary in the United Kingdom is close to £31,000.
Does the Automotive industry appeal to you?
There are 27 brands offering franchise options in the Automotive sector. You can pick an investment opportunity from three Tyre franchises, 10 Car franchises, three Car Wash franchises, eight Garage & Car Repair franchises and two Taxi franchises. Let our selection of brands be your guide to starting your next exciting franchising opportunity.
Three franchises that might interest you
If working in the Automotive sector appeals to you, check out Hometyre. A total of £40,000, a reasonable initial investment, is required to start a Hometyre franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £20,000 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees.
Have a look at The Wheel Specialist. This brand is developing, counting 30 locations across the United Kingdom. A significant initial investment of £160,000 will enable you to start your own Wheel Specialist business. In most cases, your personal investment should represent 30 to 50% of the total amount. The Wheel Specialist requires you to personally invest at least £60,000. You could potentially get a loan to cover the remaining costs. 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. By investing in this established brand, you could be eligible for financial aid.
As a final example, take a look at Autoremedy Vehicle Repair Service. Starting an Autoremedy Vehicle Repair Service business requires an affordable initial investment of £30,000. At least £9,999 should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance. See our website for more information.
There are currently 27 franchising opportunities available in the Automotive sector. Point Franchise offers a total of 236 franchising opportunities across many different sectors. So, if you're still searching for a brand that meets your needs, there are plenty of options for you to explore.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.
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