Car & Automotive Franchise opportunities to start in Plymouth
Plymouth could be home to your new business
Are you thinking about opening a franchise? Plymouth, in South West England, could have a lot to offer. By becoming a franchisee, you could benefit from training and marketing support from an established brand while running your own business. Check out the brands currently recruiting in Plymouth. To start off with, look for the line of work that interests you the most. This is a quick way to find the franchise best suited to you.
There are an estimated 263,000 people in the Plymouth area. The majority of residents are aged 20 to 39 years old. Plymouth has an unemployment rate of 4.6% within its labour force of 129,300 people. This rate is high compared to the UK average. The annual income in the UK is close to £31,000 on average. The people of Plymouth earn an average annual salary of £24,371, lower than the national average.
Have you considered the Automotive sector?
The Automotive sector currently offers 27 franchise opportunities. If this sector appeals to you, take a look at our options. This sector offers a variety of interesting options, including eight Garage & Car Repair franchises, three Tyre franchises, three Car Wash franchises, two Taxi franchises and 10 Car franchises. See if any catch your eye.
Three franchise business examples worth looking at
If working in the Automotive industry appeals to you, have a look at Autoremedy Vehicle Repair Service. This business requires a reasonable initial investment of £30,000. 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 an Autoremedy Vehicle Repair Service business is £9,999. These low startup costs make this a good franchising option for first-time franchisees. By investing in this franchise, you may be eligible for financial assistance.
Another option worth considering is Autoglym. First opened in 1996, Autoglym has acquired valuable experience in the field in its 24 years since first opening. There are 65 outlets open so far, and the network is expanding. To open your own Autoglym business, you will need an initial investment of £50,000. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
The Wheel Specialist is a third interesting franchising opportunity in the Automotive industry. This brand is growing, counting 30 locations in the UK. To open your own Wheel Specialist franchise, you will need to invest £160,000, of which at least £60,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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. If you choose to invest in this franchise, financial aid is available, providing you meet the eligibility criteria. See eligibility details on our website.
The Automotive industry has many successful franchise businesses. We currently have 27 opportunities available in this sector. With almost 250 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
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