Car & Automotive Franchise opportunities to start in Ramsgate
Why should you invest in Ramsgate?
If you'd like to run your own business but don't know where to start, a franchise might just be the solution. Ramsgate, situated in the South East of England, could be a good place to start as there are many brands currently recruiting franchisees in the Thanet area. We offer a number of franchises to suit various budgets and career goals. Have a look at our range of businesses and sectors to see what might suit you.
According to recent census data, there are 142,000 people living in Thanet. Residents aged over 60 years old are the most represented within the population. The economically active population in Thanet amounts to 60,400 people, with an unemployment rate of 3.8%. This rate is in line with the national average. Across the UK, the average gross salary is just over £30,500. In the Thanet area, it is £24,959.
The Automotive sector: An interesting opportunity for franchisees
Across the United Kingdom, you will find 27 franchises operating in the Automotive sector. With three Car Wash franchises, two Taxi franchises, 10 Car franchises, three Tyre franchises and eight Garage & Car Repair franchises, this sector has great potential for exciting business plans. See if there's a brand to suit your goals and interests.
Three franchises that might interest you
There are many interesting franchising opportunities in the Automotive sector. Take Revive! Auto Innovations for example. This brand is growing, counting 60 outlets across the UK. You will need to invest £32,000 to start operating your own Revive! Auto Innovations business, which is a reasonable initial investment. Your personal investment should account for at least £14,000 of the total amount. These low startup costs make it a good option to pursue for first-time franchisees.
Autoglym could be another good option for you to invest in. First established in 1996, the company is now mature and a leader within the sector, having expanded its franchise community for 24 years. By joining its network of 65 franchisees, you could contribute to this brand's success. Initially, you would need to invest £50,000 to get your own Autoglym business up and running. Due to the higher startup costs, this option is not recommended for first-time franchisees.
Finally, The Wheel Specialist is another interesting franchise option if you plan to invest in the Automotive industry. By joining its current 30 franchisees, you would become a part of a growing brand network. Starting a Wheel Specialist business requires a significant initial investment of £160,000. If you plan on getting a loan to cover the startup costs, The Wheel Specialist asks for a personal investment of at least £60,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. Financial assistance is available for eligible franchisees. See eligibility details on our website.
If you are interested in the Automotive sector and want to discover more franchising options, take a look at the 27 brands available in this sector. Point Franchise has 236 franchising opportunities across a wide variety of sectors. So if this sector isn't for you, there are still lots of investment options to explore.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.