Car & Automotive Franchise opportunities to start in Folkestone
Starting a new business in Folkestone
Folkestone, located in the South East of 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 Folkestone and Hythe area. Why not have a browse through our range of franchising options? There are opportunities to suit various needs and business goals.
Folkestone and Hythe has a population of approximately 113,000 people. The most prevalent age group in the population is over 60 years old. Folkestone and Hythe has an average annual salary of £29,641. This salary is in line with the rest of the UK, which has an average income of £30,629.
Why the Automotive industry might be a good option for you
Are you interested in running your own business in the Automotive sector? Take a look at our 27 franchise options available in this sector. Available brands include 10 Car franchises, three Tyre franchises, three Car Wash franchises, eight Garage & Car Repair franchises and two Taxi franchises. You are likely to find a business that fits your career goals and aspirations among our numerous investment opportunities.
Three brands worth your attention
Autoglym is a competitive business operating in the Automotive industry. First established in 1996, the company now has 24 years of experience, making it a leader in the field. Opening an Autoglym business requires an initial investment of £50,000. It is thus less appropriate for new investors.
The Wheel Specialist is another successful brand operating in the Automotive sector. There are 30 locations open so far, and the network is expanding. Opening a Wheel Specialist franchise will require you to invest a minimum of £160,000. At least £60,000 of this should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. You will also need to invest in a small premises to operate this business. If you can't cover the startup costs on your own, you may be eligible for financial aid.
Finally, Revive! Auto Innovations could be another good option for you to invest in. By joining its current 60 franchisees, you would become a part of a growing brand network. In order to start a Revive! Auto Innovations business, a reasonable initial investment of £32,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Revive! Auto Innovations requires a personal investment of at least £14,000. These low startup costs make it a good option to pursue for first-time franchisees. You may be eligible for financial assistance. See our website for more information.
There are 27 franchises waiting to be discovered in the Automotive industry. On Point Franchise, there is plenty of choice in other sectors too. We have close to 250 new business investment opportunities in total to choose from.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.
