Car & Automotive Franchise opportunities to start in Yeovil
Investing in Yeovil could be your next move
If you want to start your own business, you may find that Yeovil has a lot to offer. Several companies are currently recruiting franchisees in the South Somerset area. Read on to see if running a franchise could be a good option for you! Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
The population of South Somerset is 168,000. The 60+ age group is the most represented within the population. The local unemployment rate of 1.9% is very low compared to the UK average of 4%. The local labour force consists of 77,600 people, representing 82.1% of the population. The average annual income across the United Kingdom is £30,629. With a gross salary averaging £24,883, residents of South Somerset have a slightly lower salary than the national average.
The Automotive industry and its business opportunities
Are you interested in the Automotive industry? If so, there are 27 available franchises to choose from across the country. In fact, you can choose from three Tyre franchises, 10 Car franchise, eight Garage & Car Repair franchises, two Taxi franchises and three Car Wash franchises today.
Eager to know more? Here are three franchise business examples
If working in the Automotive industry appeals to you, have a look at Etyres. Initially established in 1996, the brand now has 24 years of experience, making it a leader in the sector.
Check out Revive! Auto Innovations. This brand is expanding, counting 60 location across the UK. An affordable initial investment of £32,000 will enable you to start your own Revive! Auto Innovations business. In most cases, your personal investment should represent 30 to 50% of the total amount. Revive! Auto Innovations requires you to personally invest at least £14,000. You could potentially get a loan to cover the remaining costs. These low startup costs make this a good franchising option for first-time franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial assistance. See eligibility details on our website.
Lastly, another possibility to consider is Hometyre. A total of £40,000, a reasonable initial investment, is required to open 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. These low startup costs make it a good option to pursue for first-time franchisees.
We offer a total of 27 businesses in the Automotive sector. If you're interested, see if the right investment opportunity for you is among them. With 236 new business investment opportunities to choose from across a variety of sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.