Car & Automotive Franchise opportunities to start in East Grinstead
What to consider when starting a business in East Grinstead
East Grinstead, located in South East England, currently offers many franchising opportunities. As a franchisee, you could run your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Mid Sussex area. To begin, look for the line of work that appeals to you the most. This is a quick way to find the brand best suited to you.
There are approximately 150,000 people currently living in Mid Sussex. The population's most prevalent age group is made up of 40-59 year olds. Approximately 80,400 people are economically active in the community, representing 87.3% of the population. The unemployment rate (3.8%) is comparable to the UK average (4%). Mid Sussex has an average annual salary of £33,839. This salary is higher than the rest of the United Kingdom, which has an average income of £30,629.
Why open a franchise in the Automotive industry?
There are 27 brands offering franchise options in the Automotive sector. There are three Car Wash franchises, 10 Car franchises, eight Garage & Car Repair franchises, two Taxi franchises and three Tyre franchises offering franchising opportunities. You'll find opportunities to suit many different career objectives and aspirations.
Have a look at three franchise business examples
In business since 1996, Autoglym is a competitive brand operating in the Automotive sector. Autoglym now has over 24 years of experience under its belt. By joining its network of 65 franchisees, you could play a part in this brand's success. You will need an initial investment of £50,000 to start your own Autoglym business. Due to the higher startup costs, this option is not advisable for first-time franchisees.
Revive! Auto Innovations is an interesting franchise option in the Automotive sector. By joining its current 60 franchisees, you would become a part of a growing brand network. To start your business, you will need an initial investment of £32,000. If you plan on getting a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Revive! Auto Innovations, the minimum personal investment is £14,000. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. Financial aid can be given in some circumstances.
Finally, if the Automotive sector appeals to you, The Wheel Specialist is another option you could have a look at. By joining its 30 franchises already in operation, you could contribute to this company's expansion. This business opportunity requires a significant initial investment of £160,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. The Wheel Specialist requires a minimum personal investment of £60,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. A small premises will also be required to operate this business.
The Automotive sector currently offers 27 investment opportunities. With almost 250 new business investment opportunities to choose from across various sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.