Car & Automotive Franchise opportunities to start in Cheshunt

What to consider when starting a business in Cheshunt

If you want to open a business in Cheshunt, working for yourself but not on your own, then check out our franchising opportunities in the East of England. On this page, you will find a range of brands to choose from for becoming a franchisee in the Broxbourne area and across the United Kingdom. With your interests and career goals in mind, have a look at our selection of new business investment options.

There are approximately 97,000 people currently living in Broxbourne. The 40-59 age group makes up the majority of the population. The region has a 5.2% unemployment rate, which is slightly higher than the national average of 4%. Overall, the region's economically active population consists of 50,400 people or 79.5% of the total population. The local income averages £34,070 per year, which is higher than the £30,629 average salary in the United Kingdom as a whole.

The Automotive sector could be the right choice for you

In the UK, you will find 27 franchises recruiting in the Automotive sector. This sector offers a variety of interesting options, including two Taxi franchises, eight Garage & Car Repair franchises, three Car Wash franchises, 10 Car franchises and three Tyre franchises. See if any catch your eye.

Take a look at three franchise business examples

Revive! Auto Innovations is a competitive franchise operating in the Automotive sector. By joining its 60 franchises already in operation, you could contribute to this company's expansion. Starting a Revive! Auto Innovations business requires a reasonable initial investment of £32,000. If you intend to get a loan to cover the startup costs, Revive! Auto Innovations asks for a personal investment of at least £14,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make it a good option to pursue for first-time franchisees. Eligible candidates may apply for financial aid. See our website for more information.

You could also consider Hometyre. You will need to invest £40,000 to begin running your own Hometyre business, which is an affordable 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.

Finally, Autoglym is an interesting franchising opportunity in the Automotive sector. First launched in 1996, Autoglym has acquired valuable experience in the sector in its 24 years since first opening. There are 65 locations open so far, and the network is expanding. Initially, you would need to invest £50,000 to get your own Autoglym business up and running. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.

If you are thinking about running a franchise business in the Automotive sector, you might be interested to have a look at our 27 available brands. On Point Franchise, there is plenty of choice in other sectors as well. We have close to 250 franchising opportunities in total to choose from.

NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.