Car & Automotive Franchise opportunities to start in Cleethorpes
Investing in Cleethorpes could be your next move
Located in Yorkshire and the Humber, Cleethorpes is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, have a look at our franchising opportunities in North East Lincolnshire and take the first step towards managing your own business. Starting a business should be exciting! Check out our range of franchising options, focusing on the sectors that you feel most passionate about.
North East Lincolnshire has a population of approximately 160,000 people. The most prevalent age group in the population falls within the 60+ age bracket. The 5.5% unemployment rate among 71,600 economically active people in the community is slightly higher than the national average. For the North East Lincolnshire area, the average income is £25,316, which is slightly lower than the UK average salary of close to £31,000.
Business opportunities in the Automotive sector
Across the United Kingdom, there are 27 franchises operating in the Automotive industry. There are. Eight Garage & Car Repair franchises,. Two Taxi franchises,. Three Tyre franchises,. Three Car Wash franchises and 10 Car franchises offering franchising opportunities. You'll find opportunities to suit all kinds of career objectives and aspirations.
Take a look at. Three franchise business examples
If you would like to invest in an Automotive business, you could consider 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. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Revive! Auto Innovations is another competitive brand operating in the Automotive sector. You will need to invest £32,000 to start your own Revive! Auto Innovations business. At least £14,000 of this reasonable amount should come from your own personal investment. 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. By investing in this established brand, you could be eligible for financial aid.
Finally, another brand worth considering is The Wheel Specialist. By joining its 30 franchises already in operation, you could contribute to this company's expansion. This business opportunity requires a significant initial investment of £160,000. 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. The Wheel Specialist asks for a minimum personal investment of £60,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.
Many businesses are already operating in the Automotive industry. We currently have 27 franchise opportunities available in the sector. Point Franchise offers a total of close to 250 franchising options 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.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.
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