Car & Automotive Franchise opportunities to start in Bishop's Stortford
Investing in a franchise in Bishop's Stortford
Discover the business opportunities waiting for you in Bishop's Stortford, situated in the East of England. On this page you'll find a selection of brands that could make you a franchisee in the East Hertfordshire area. Becoming a franchisee would allow you to manage your own business and benefit from comprehensive support. To start off with, look for the line of work that interests you the most. This is a quick way to find the brand best suited to you.
The population of East Hertfordshire is 148,000. When broken down by age range, 40-59 year olds represent the largest portion of the population. The community has 70,700 economically active people, representing 77.1% of the population, with an unemployment rate of 1.9%. This rate is significantly lower than the country's 4% national average. The gross annual salary in East Hertfordshire amounts to £48,836, which is significantly higher than the national average of just over £30,500.
Business options in the Automotive industry
There are 27 UK-based franchises available in the Automotive industry. There are two Taxi franchises, three Car Wash franchises, 10 Car franchises, three Tyre franchises and eight Garage & Car Repair franchises recruiting at this time. Our range is likely to have an option that suits your career goals and aspirations.
Here are three examples of franchise businesses
First established in 1996, Etyres is a competitive business operating in the Automotive sector. Etyres now has over 24 years of experience under its belt.
Another brand worth considering is Autoremedy Vehicle Repair Service. You will need to invest £30,000 to start running your own Autoremedy Vehicle Repair Service business, which is a reasonable initial investment. Your personal investment should account for at least £9,999 of the total amount. These low startup costs make it a good option to pursue for first-time franchisees. Also, if you can't afford the startup costs alone, you may be entitled to financial aid.
Lastly, The Wheel Specialist is another successful brand operating in the Automotive industry. By joining its 30 franchises already in operation, you could contribute to this company's expansion. A total of £160,000, a significant initial investment, is required to start a Wheel Specialist franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £60,000 of the total investment should come from your personal funds. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. An investment in this franchise entitles you to financial assistance, if eligible. See our website for details.
Eager to read more about business opportunities in the Automotive industry? Check out our 27 available options. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.