Car & Automotive Franchise opportunities to start in Margate

What can Margate offer to new businesses?

Margate, located in South East England, offers a variety of new business investment opportunities, especially if you like working for yourself but not on your own. Learn more about our franchising possibilities here. You might just find the right brand for starting your own business in the Thanet area. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.

Thanet has a population of approximately 142,000 people. The majority of residents are aged over 60 years old. The region has a 3.8% unemployment rate, which is in line with the national average of 4%. Overall, the region's labour force consists of 60,400 people or 74.3% of the total population. In the UK, the average gross income is £30,629; in the Thanet area, it is £24,959.

Why the Automotive industry appeals to franchisees

Are you interested in the Automotive sector? You're likely to find a franchise worth considering among 27 brands in the UK. There are two Taxi franchises, three Car Wash franchises, three Tyre franchises, eight Garage & Car Repair franchises and 10 Car franchises offering the opportunity to invest. Check out our available brands to find a potential match.

Eager to find out more? Here are three franchise business examples

Autoglym is an interesting business operating in the Automotive industry. Initially established in 1996, Autoglym has acquired valuable experience in the field in its 24 years since first opening. An initial investment of £50,000 will enable you to start your own Autoglym business. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources.

If the Automotive sector appeals to you, The Wheel Specialist is another option you could consider. By joining its current 30 franchisees, you would be joining a growing brand network. You will need to invest £160,000 to start operating your own Wheel Specialist business, which is a significant initial investment. Your personal investment should account for at least £60,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business.

Lastly, another option worth considering is Revive! Auto Innovations. The brand is expanding, with 60 outlets currently in operation, and a desire to expand further. A total of £32,000, an affordable initial investment, is required to open a Revive! Auto Innovations franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £14,000 of the total investment should come from your personal funds. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.

The Automotive industry currently has 27 new business investment opportunities. On Point Franchise, there is plenty of choice in other sectors as well. We have 236 franchising opportunities in total to choose from.

This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.