Car & Automotive Franchise opportunities to start in Trowbridge
Trowbridge could be home to your new business
The Cardiff area offers many interesting business opportunities. If you are interested in opening your own business, you should consider franchising. This would allow you to work for yourself while benefiting from the support of an established brand. Have a look on this page to discover the franchise options available to you in Trowbridge. Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and business objectives.
Approximately 364,000 people currently live in Cardiff. The age group with the highest concentration is 20-39. The local labour force includes 193,900 people, or 78.6% of the total population. With an unemployment rate of 3.4%, recent data indicates that employment in this area is lower than in the rest of the UK. The local income averages £28,660 per year, which is slightly lower than the £30,629 average income in the UK as a whole.
Why the Automotive industry appeals to franchisees
Across the UK, there are currently 27 opportunities to run your own franchise in the Automotive sector. Take a look at our two Taxi franchises, eight Garage & Car Repair franchises, three Car Wash franchises, 10 Car franchises and three Tyre franchises. Could one of these brands help you reach your career goals and aspirations? In the Cardiff area, the Automotive Sector provides employment for 3,000 people.
Have a look at three franchise business examples
If you're interested in the Automotive industry, have a look at The Wheel Specialist. By joining its network of 30 franchisees, you could play a part in this brand's success. This business requires a significant initial investment of £160,000. 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 Wheel Specialist business is £60,000. 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. You may qualify for financial aid.
Another possibility to consider is Autoglym. The company was first established in 1996. The brand is now mature and a leader within the sector, having developed its franchise network for 24 years. There are 65 locations 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.
Finally, another opportunity worth considering is Autoremedy Vehicle Repair Service. Opening an Autoremedy Vehicle Repair Service business requires a reasonable initial investment of £30,000. If you intend to get a loan to cover the startup costs, Autoremedy Vehicle Repair Service asks for a personal investment of at least £9,999. For most franchises, this amount represents 30 to 50% of the total investment. These relatively low startup costs make it a good option to pursue for first-time franchisees. If you can't afford the startup costs on your own, you may be eligible for financial assistance. See our website for details.
The Automotive sector currently offers 27 investment options. If this sector doesn't suit your needs, don't worry. Point Franchise offers 236 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.