Car & Automotive Franchise opportunities to start in Hitchin
Hitchin and its prospects for new Businesses
Would you like to start a business in Hitchin, located in the East of England? Would you like to work for yourself but not on your own? If so, check out our franchising opportunities. On this page, you'll find various brands offering the training and support you need to run your own business in the North Hertfordshire area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career objectives.
North Hertfordshire has a population of approximately 133,000 people. The majority of the population sits within the 40-59 age range. Unemployment in the area (3.7%) is comparable to the UK as a whole (4%). The labour force represents 83.9% of the local population, or 68,400 people. The area's average gross annual income of £35,383 is higher than the average income of close to £31,000 across the UK.
Why the Automotive industry might be a good option for you
Across the United Kingdom, there are 27 franchises in the Automotive sector. There are eight Garage & Car Repair franchises, two Taxi franchises, 10 Car franchises, three Tyre franchises and three Car Wash franchises recruiting at this time. Our range is likely to have an option that suits your career goals and aspirations.
Take a look at three franchise business examples
If you're interested in the Automotive industry, have a look at Hometyre. To open your own Hometyre franchise, you will need to invest £40,000, of which at least £20,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. These relatively low startup costs make it a good option to pursue for first-time franchisees.
The Wheel Specialist could be another good option for you to invest in. By joining its 30 franchises already in operation, you could contribute to this company's expansion. To start your business, you will need an initial investment of £160,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For The Wheel Specialist, the minimum personal investment is £60,000. 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. An investment in this franchise entitles you to financial aid, if eligible. Visit our website for more information.
Lastly, Autoglym is an interesting franchising opportunity in the Automotive industry. First launched in 1996, Autoglym now has over 24 years of experience under its belt. This brand is growing, counting 65 outlets across the United Kingdom. To open your own Autoglym business, you will need an initial investment of £50,000. Due to the higher startup costs, this option is not advisable for first-time franchisees.
There are currently 27 available franchise options in the Automotive sector. Take a look at these businesses to see if there's a good fit for you. Plus, with almost 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.