Car & Automotive Franchise opportunities to start in Clacton-on-Sea
Starting a franchise business in Clacton-on-Sea
If you'd like to open your own business but don't know where to start, a franchise might just be the solution. Clacton-on-Sea, situated in the East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Tendring area. Exploring our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
The Tendring region has 146,000 residents. The 60+ age group is the most represented within the population. The 4.8% unemployment rate among 56,300 economically active people in the area is slightly higher than the national average. Tendring has an average annual income of £25,217. This salary is slightly lower than the rest of the United Kingdom, which has an average salary of close to £31,000.
Running an Automotive franchise business
If you want to run your own business in the Automotive industry, the good news is that there are 27 franchises currently recruiting new franchisees across the country. You can pick an investment opportunity from 10 Car franchises, eight Garage & Car Repair franchises, three Car Wash franchises, two Taxi franchises and three Tyre franchises. Let our selection of brands be your guide to starting your next exciting investment opportunity.
Eager to find out more? Here are three franchise business examples
The Wheel Specialist is a competitive business operating in the Automotive sector. By joining its 30 franchises already in operation, you could contribute to this brand's expansion. In order to start a Wheel Specialist business, a significant initial investment of £160,000 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. The Wheel Specialist asks for a personal investment of at least £60,000. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial assistance.
Hometyre is another interesting option. You will need an initial investment of £40,000 to open your own Hometyre business. Your personal investment should account for at least £20,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Revive! Auto Innovations is a third interesting franchise option in the Automotive sector. This brand is expanding, counting 60 locations in the United Kingdom. You will need to invest £32,000 to open your own Revive! Auto Innovations business. At least £14,000 of this affordable amount should come from your own personal investment. These low startup costs make this a good franchising option for first-time franchisees. If you can't cover the startup costs on your own, you may qualify for financial aid. Visit our website for more information.
The Automotive industry currently offers 27 investment options. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.