Car & Automotive Franchise opportunities to start in Great Yarmouth
Opening a franchise business in Great Yarmouth
Great Yarmouth, located in the East of England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Great Yarmouth area. Start by looking for franchise options in the line of work you are most interested in. This will most likely lead you to a brand that sparks your curiosity.
A recent census found that 99,000 people live in Great Yarmouth. The age group with the highest concentration is 60+. Great Yarmouth has an unemployment rate of 3.8% within its labour force of 44,700 people. This rate is comparable to the UK average. In the UK, the average gross income is £30,629; in the Great Yarmouth area, it is £23,743.
What the Automotive sector could offer you
Across the UK, there are currently 27 opportunities to run your own franchise in the Automotive sector. In fact, you can pick from two Taxi franchises, three Tyre franchises, 10 Car franchises, three Car Wash franchises and eight Garage & Car Repair franchises today.
Have a look at three franchise business examples
Revive! Auto Innovations is an interesting business operating in the Automotive industry. This business opportunity requires a reasonable initial investment of £32,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Revive! Auto Innovations requires a minimum personal investment of £14,000. Given these low startup costs, this option could be suitable for first-time franchisees.
Check out Autoremedy Vehicle Repair Service, another attractive Automotive franchise. To start your business, you will need an initial investment of £30,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Autoremedy Vehicle Repair Service, the minimum personal investment is £9,999. These low startup costs make this a good franchising option for first-time franchisees. An investment in this franchise entitles you to financial aid, if eligible. See our website for more information.
Finally, you could also consider Hometyre. You will need to invest £40,000 to start operating your own Hometyre business, which is a reasonable initial investment. Your personal investment should account for at least £20,000 of the total amount. 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.
The Automotive sector currently offers 27 investment opportunities. Point Franchise has 236 franchising opportunities across a wide range of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.