Car & Automotive Franchise opportunities to start in Hertford
Opening a franchise business in Hertford
Discover the business opportunities waiting for you in Hertford, situated in the East of England. On this page you'll find a range of brands that could make you a franchisee in the East Hertfordshire area. Becoming a franchisee would allow you to run your own business and benefit from comprehensive support. With your interests and career objectives in mind, have a look at our selection of new business investment options.
A recent census found that 148,000 people live in East Hertfordshire. The majority of the population falls within the 40-59 age category. The 1.9% unemployment rate among the 70,700 economically active people in the area is significantly lower than the national average. The average gross income in the UK is close to £31,000. Residents of East Hertfordshire earn £48,836 a year on average.
What the Automotive sector could offer you
There are currently 27 opportunities to invest in the Automotive industry. If you would like to operate a business in this field, keep reading. 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 selection is likely to have an option that suits your career goals and aspirations.
Take a look at three franchise business examples
If you are interested in starting a business in the Automotive sector, Revive! Auto Innovations could be an option for you. By joining its 60 franchises already in operation, you could contribute to this brand's expansion. You will need to invest £32,000 to start operating your own Revive! Auto Innovations business, which is an affordable initial investment. Your personal investment should account for at least £14,000 of the total amount. Given these low startup costs, this option could be suitable for first-time franchisees. If you can't cover the startup costs on your own, you could find out if you qualify for financial aid.
Another option worth considering is Hometyre. You will need an initial investment of £40,000 to start your own Hometyre business. Your personal investment should account for at least £20,000 of the total amount. You may want to think about getting a loan to start a business in this sector. 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.
Lastly, The Wheel Specialist is another interesting option. By joining its current 30 franchisees, you would become a part of a growing brand network. A substantial initial investment of £160,000 will enable you to open your own Wheel Specialist business. In most cases, your personal investment should represent 30 to 50% of the total amount. The Wheel Specialist requires you to personally invest at least £60,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. You could also receive financial assistance, if eligible. See eligibility details on our website.
If you would like to have a look at more franchising options in the Automotive industry, we currently have 27 available opportunities. On Point Franchise, there is plenty of choice in other sectors too. We have almost 250 new business investment opportunities in total to choose from.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.
