Car & Automotive Franchise opportunities to start in St Albans
Starting a franchise business in St Albans
Discover the business opportunities waiting for you in St Albans, situated in the East of England. On this page you'll find a selection of brands that could make you a franchisee in the St Albans area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
Approximately 147,000 people currently live in St Albans. The most prevalent age range in the population is 40 to 59 years old. The community has a 7% unemployment rate, which is slightly higher than the UK average of 4%. There are 73,000 economically active people in the region, representing 79.9% of the total population. With an average gross annual income of £47,507, salaries in St Albans are significantly higher than the average salary of just over £30,500 across the United Kingdom.
Why open a business in the Automotive industry?
If the idea of running a business in the Automotive industry appeals to you, check out the 27 brands currently recruiting franchisees in the sector. You will find a lot of interesting franchising options, including eight Garage & Car Repair franchises, 10 Car franchises, three Car Wash franchises, three Tyre franchises and two Taxi franchises. Take a look at the available brands to see if your perfect match is among them.
Three franchises that could interest you
Hometyre operates in the Automotive sector. You will need an initial investment of £40,000 to open your own Hometyre business. Your personal investment should account for at least £20,000 of the total amount. You may want to consider getting a loan to start a business in this sector. These relatively low startup costs make it a good option to pursue for first-time franchisees.
You could also have a look at The Wheel Specialist. The brand is growing, with 30 outlets currently in operation, and a desire to expand further. Opening a Wheel Specialist franchise will require you to invest a minimum of £160,000. At least £60,000 of this should come from your own personal investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance. See eligibility details on our website.
The Automotive industry has many brands worth considering. As a final example, take a look at Autoglym. In business since 1996, the company is now mature and a leader within the sector, having expanded its franchise network for 24 years. There are 65 locations open so far, and the network is expanding. Opening an Autoglym business requires an initial investment of £50,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
If you are interested in the Automotive sector and would like to know more about its available franchising options, explore the 27 companies currently recruiting franchisees in the sector. Plus, with almost 250 alternative franchising options available across various sectors, Point Franchise offers plenty of choice to find the right brand for you.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.
