Car & Automotive Franchise opportunities to start in Bletchley
Why should you invest in Bletchley?
If you want to open a business in Bletchley, working for yourself but not on your own, then check out our franchising opportunities in South East England. On this page, you will find a variety of brands to choose from for becoming a franchisee in the Milton Keynes area and across the UK. With your interests and business goals in mind, have a look at our range of new business investment options.
An estimated 269,000 people currently live in Milton Keynes. The 0-19 age group makes up the majority of the population. The community has a 4.8% unemployment rate, which is slightly higher than the UK average of 4%. There are 140,300 economically active people in the region, representing 82.2% of the total population. Milton Keynes has an average annual salary of £32,644. This salary is slightly higher than the rest of the United Kingdom, which has an average income of £30,629.
Why start a business in the Automotive sector?
In the United Kingdom, you will find 27 franchises recruiting in the Automotive industry. There are a lot of interesting franchising options, including 10 Car franchises, eight Garage & Car Repair franchises, three Tyre franchises, two Taxi franchises and three Car Wash franchises. Have a look at the available brands to see if your perfect match is among them. If you're interested in the Automotive Sector, you may want to consider how many people already work in the sector. In Milton Keynes, Automotive Sector companies currently employ 6,000 people.
Three brands worth your attention
If you would like to invest in an Automotive business, you could consider Hometyre. You will need an initial investment of £40,000 to start your own Hometyre business. Your personal investment should account for at least £20,000 of the total amount. You may want to consider getting a loan to start a business in this sector. Given these low startup costs, this option could be suitable for first-time franchisees.
You could also consider The Wheel Specialist. There are 30 locations open so far, and the network is expanding. A total of £160,000, a substantial initial investment, is required to open a Wheel Specialist franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £60,000 of the total investment should come from your personal funds. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. Eligible candidates may apply for financial assistance.
Lastly, Revive! Auto Innovations could be another good option for you to invest in. This brand is growing, counting 60 outlets across the UK. To start your business, you will need an initial investment of £32,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Revive! Auto Innovations, the minimum personal investment is £14,000. 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. By investing in this franchise, you may qualify for financial support. Visit our website for more information.
The Automotive sector currently offers 27 franchising opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.
