Car & Automotive Franchise opportunities to start in Harlow
Starting a new business in Harlow
Would you like to run your own business? Harlow, located in the East of England, could be a good place to start. There are many businesses currently recruiting franchisees in the Harlow area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. 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.
Harlow has an estimated population of 87,000 people. The 20-39 age group is the most represented within the population. Unemployment affects 4% of the UK population. With a rate of 6.9%, unemployment in this area is slightly higher than the national average. The labour force amounts to 40,200 people, representing 76.5% of the population. The average gross salary in the United Kingdom is close to £31,000. Residents of Harlow earn £27,351 a year on average.
The Automotive sector could be the right choice for you
Are you interested in the Automotive sector? If so, there are 27 available brands to choose from across the UK. We offer three Car Wash franchises, 10 Car franchises, two Taxi franchises, three Tyre franchises and eight Garage & Car Repair franchises. Have a look at the brands to see if your perfect match is among them.
Here are three examples of franchise businesses
If you are interested in opening a business in the Automotive industry, read about Hometyre. Starting a Hometyre business requires an affordable initial investment of £40,000. If you intend to get a loan to cover the startup costs, Hometyre asks for a personal investment of at least £20,000. For most franchises, this amount represents 30 to 50% of the total investment. These low startup costs make this a good franchising option for first-time franchisees.
If the Automotive sector appeals to you, Revive! Auto Innovations is another option you could consider. By joining its 60 franchises already in operation, you could contribute to this company's expansion. In order to start a Revive! Auto Innovations business, an affordable initial investment of £32,000 is required. If you plan on getting a loan to cover the startup costs, you will typically need to cover 30 to 50% of the total investment yourself. Revive! Auto Innovations requires a personal investment of at least £14,000. Given these low startup costs, this option could be suitable for first-time franchisees.
The Wheel Specialist is a third interesting franchise option in the Automotive sector. There are 30 outlets open so far, and the network is expanding. You will need to invest £160,000 to start your own Wheel Specialist business. At least £60,000 of this substantial amount should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. Financial support is available for eligible franchisees. Visit our website for details.
Opening a business in the Automotive industry has great potential. If you're interested, check out our 27 available opportunities. Whether you've already decided to invest or are still weighing your options, it's worth exploring different sectors. At Point Franchise, we have a total of close to 250 franchising opportunities to help you find the right fit.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.