Car & Automotive Franchise opportunities to start in Salford
Salford could be home to your new business
Salford, located in the East of England, offers a number of new business investment options, especially if you like working for yourself but not on your own. Learn more about our franchising opportunities here. You might just find the right brand for starting your own business in the Central Bedfordshire area. We offer a variety of realistic new business investment possibilities, so that you can find one you like.
According to recent census data, 284,000 people live in Central Bedfordshire. The most represented age group is 40-59 years old. The local unemployment rate of 1.1% is very low compared to the UK average of 4%. The local labour force consists of 146,700 people, making up 81.8% of the population. The gross annual income in Central Bedfordshire amounts to £33,508, which is higher than the national average of just over £30,500.
Why choose to open a franchise in the Automotive sector?
There are 27 UK-based franchises available in the Automotive sector. There are currently eight Garage & Car Repair franchises, three Car Wash franchises, two Taxi franchises, 10 Car franchises and three Tyre franchises recruiting franchisees. Have a look to find out whether any fit your career goals and aspirations. If you would like to operate a business in the Automotive Sector, it could be useful to know that companies in the field currently employ 3,000 people in the Central Bedfordshire area.
Three examples of available franchise business options
If you plan to invest in an Automotive business, you could consider The Wheel Specialist. By joining its 30 franchises already in operation, you could contribute to this brand's expansion. You will need to invest £160,000 to begin running your own Wheel Specialist business, which is a significant initial investment. Your personal investment should account for at least £60,000 of the total amount. 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 assistance.
Hometyre is another successful brand operating in the Automotive sector. Starting a Hometyre business requires a reasonable initial investment of £40,000. At least £20,000 should come from your own personal investment. These low startup costs make it a good option to pursue for first-time franchisees.
Finally, Autoremedy Vehicle Repair Service could be another good option for you to invest in. To start your business, you will need an initial investment of £30,000. 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 generally be required. For Autoremedy Vehicle Repair Service, the minimum personal investment is £9,999. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. If eligible, you might be entitled to financial aid. See our website for more information.
There are currently 27 new business investment opportunities available in the Automotive sector. If you're interested in exploring business options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.