Car & Automotive Franchise opportunities to start in Poole
Investing in a franchise in Poole
If you're interested in running your own business in Poole, located in South West England, you should explore franchising options. Several brands are currently recruiting in the Dorset area. As a franchisee you could manage your own business while benefitting from comprehensive support. Keep reading to find out if this could be for you. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and business objectives.
Recent figures show that 376,000 people live in Dorset. The population's most prevalent age group is made up of 60+ year olds. The economically active population in Dorset amounts to 157,200 people, with an unemployment rate of 2.6%. This rate is significantly lower than the national average. The region's average gross annual income of £27,043 is slightly lower than the average income of close to £31,000 across the United Kingdom.
Why the Automotive industry might be a good option for you
There are 27 franchises in the Automotive industry to choose from. Could your ideal business be among our 10 Car franchises, three Car Wash franchises, two Taxi franchises, three Tyre franchises and eight Garage & Car Repair franchises? Have a look to find out.
Check out three available franchise options
The Wheel Specialist operates in the Automotive sector. By joining its 30 franchises already in operation, you could contribute to this company's expansion. Starting a Wheel Specialist business requires a significant initial investment of £160,000. If you plan on getting a loan to cover the startup costs, The Wheel Specialist asks for a personal investment of at least £60,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Financial aid can be given in some circumstances. Visit our website for more information.
The Automotive sector has many brands worth considering. Check out Autoglym. Initially established in 1996, the brand is now mature and a leader within the sector, having developed its franchise community for 24 years. The brand is growing, with 65 locations already in operation, and a desire to expand further. Initially, you would need to invest £50,000 to get your own Autoglym business up and running. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Finally, if the Automotive sector appeals to you, Hometyre is another option you could have a look at. 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 this a good franchising option for first-time franchisees.
The Automotive industry offers 27 franchising opportunities. If you are still not sure which sector best suits your needs, have a look through our range of almost 250 franchising opportunities across different sectors on Point Franchise.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.