Car & Automotive Franchise opportunities to start in Tonbridge
What to consider when starting a franchise in Tonbridge
Would you like to run your own business? Tonbridge, located in South East England, could be a good place to start. There are many businesses currently recruiting franchisees in the Tonbridge and Malling area. Franchising gives you the opportunity to run your own business while benefitting from the support of an established brand. Exploring our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
A recent census found that 131,000 people live in Tonbridge and Malling. The 40-59 age group is the most represented within the population. The local unemployment rate of 4% is comparable to the national average of 4%. The local labour force consists of 70,200 people, representing 88.0% of the population. The average annual income across the United Kingdom is close to £31,000. With a gross salary averaging £40,764, residents of Tonbridge and Malling have a significantly higher salary than the national average.
Why open a business in the Automotive sector?
There are 27 franchises in the Automotive industry to choose from. With 10 Car franchises, two Taxi franchises, eight Garage & Car Repair franchises, three Car Wash franchises and three Tyre franchises, this field has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests.
Have a look at these three business examples
If you would like to invest in the Automotive industry, Revive! Auto Innovations could be a good option. This brand is developing, counting 60 locations in the UK. This business opportunity requires an affordable initial investment of £32,000. You could get a loan to help cover startup costs, in which case your personal investment will usually need to cover 30 to 50% of the total investment. Revive! Auto Innovations asks for a minimum personal investment of £14,000. 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. You could also benefit from financial assistance, if eligible.
Another possibility to consider is Etyres. The brand was first established in 1996. Etyres has proved itself to be a successful business and leader in the sector in its 24 years since opening.
Lastly, another option to consider is The Wheel Specialist. By joining its network of 30 franchisees, you could play a part in this brand's success. 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. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a small premises to operate this business. By investing in this established brand, you could qualify for financial aid. Visit our website for more information.
If you would like to check out more new business investment options in the Automotive industry, we currently have 27 available opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
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