Car & Automotive Franchise opportunities to start in Sheffield
Starting a new business in Sheffield
If you'd like to run your own business but don't know where to start, a franchise might just be the answer. Sheffield, situated in the South West, could be a good place to start as there are many brands currently recruiting franchisees in the Cornwall area. Exploring our selection of companies and sectors will allow you to pinpoint the type of business that is right for you.
Approximately 566,000 people currently live in Cornwall. Residents in the 60+ age group make up the largest portion of the population. The local unemployment rate of 3.3% among 261,600 economically active people, or 80.0% of the population, is lower than the average in the United Kingdom. The average annual income across the UK is £30,629. With a gross salary averaging £23,266, residents of Cornwall have a lower salary than the national average.
Running a franchise in the Automotive industry
If you're interested in becoming a franchisee in the Automotive sector, have a look at our 27 franchise options currently available in the sector. With two Taxi franchises, eight Garage & Car Repair franchises, 10 Car franchises, three Tyre franchises and three Car Wash franchises, this field has great potential for exciting business ventures. See if there's a brand to suit your goals and interests. Moreover, the number of people currently employed in a specific industry gives an idea of how dynamic it is. In the Cornwall area, 4,500 people are employed by Automotive Sector businesses.
Eager to find out more? Here are three franchise business examples
Autoremedy Vehicle Repair Service is a competitive brand operating in the Automotive industry. This business opportunity requires an affordable initial investment of £30,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Autoremedy Vehicle Repair Service asks for a minimum personal investment of £9,999. 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. You may qualify for financial assistance.
Check out Revive! Auto Innovations. By joining its 60 franchises already in operation, you could contribute to this brand's expansion. Starting a Revive! Auto Innovations business requires a reasonable initial investment of £32,000. If you plan on getting a loan to cover the startup costs, Revive! Auto Innovations asks for a personal investment of at least £14,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this franchise, you may be eligible for financial support.
The Wheel Specialist is a third interesting investment opportunity in the Automotive sector. The brand is expanding, with 30 outlets currently in operation, and a desire to expand further. This business requires a substantial initial investment of £160,000. If you intend to get 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 open a Wheel Specialist business is £60,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. Eligible candidates may apply for financial aid. See our website for details.
There are currently 27 available franchise options in the Automotive sector. Take a look at these brands to find out if there's a good fit for you. Point Franchise offers a total of 236 franchising opportunities across a variety of sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.