Car & Automotive Franchise opportunities to start in Warwick
Starting a franchise business in Warwick
If you want to open your own business, you may find that Warwick has a lot to offer. Several brands are currently recruiting franchisees in the Warwick area. Read on to see if running a franchise could be a good option for you! We offer a number of franchises to suit a variety of budgets and career goals. Have a look at our range of businesses and sectors to see what might suit you.
Warwick has an estimated population of 142,000 people. When broken down by age group, the 20-39 age range is the most prevalent in the population. The 1.8% unemployment rate among the 71,800 economically active people in the area is significantly lower than the UK average. The gross annual salary in Warwick amounts to £36,121, which is significantly higher than the national average of £30,629.
Could the Automotive sector be the right choice for you?
There are 27 brands currently looking for franchisees in the Automotive industry. If this sector appeals to you, check them out. There are 10 Car franchise, three Tyre franchises, eight Garage & Car Repair franchises, three Car Wash franchises and two Taxi franchises recruiting at this time. Our selection is likely to have an option that suits your career goals and aspirations.
Three franchise business worth reading about
If you're interested in the Automotive sector, check out Autoglym, a brand that launched in 1996. Autoglym has gained valuable experience in the field in its 24 years since first opening. The brand is expanding, with 65 outlet already in operation, and a desire to expand further. You will need an initial investment of £50,000 to start your own Autoglym business. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
The Wheel Specialist is another interesting option. There are 30 location open so far, and the network is expanding. Opening a Wheel Specialist franchise will require you to invest a minimum of £160,000. At least £60,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A small premises will also be required to operate this business. Also, if you can't afford the startup costs alone, you may be entitled to financial aid. Visit our website for more information.
Lastly, Hometyre is another competitive brand operating in the Automotive industry. This business requires an affordable initial investment of £40,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Hometyre business is £20,000. Given these low startup costs, this option could be suitable for first-time franchisees.
If you would like to work in the Automotive industry, the perfect business opportunity could be waiting for you among our 27 available franchises in the sector. At Point Franchise, we have close to 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.