Are you thinking about starting an automotive franchise? An eTyres franchise might sound like the perfect solution. But does this innovative online tyre business franchise? Let’s find out!
Tyres are an essential part of any vehicle, and changing them regularly is vital to keep yourself and other road users safe. As a result, the tyre sector in the UK is a lucrative one. It’s estimated that over 40 million tyres are fitted to vehicles in the UK every year, costing anywhere from £50 to £1000+ depending on the size, specification and quality. [totallossgap.co.uk].
However, the hassle and expense of getting tyres changed put many people off doing it as often as they should. One survey by TyresSafe found that around 27% of all vehicle’s tyres are already worn below the legal threshold at the time of replacement, putting them at risk of an accident or £1,000 fine.
Now, brands like mobile tyre-fitters eTyres offer a more convenient solution. Its fully equipped vans visit homes, workplaces and service stations across the country to help customers replace their tyres in a quick, cost-effective way. Fancy starting your very own eTyres business? Here’s everything you need to know.
Does eTyres franchise?
Yes! eTyres has established a strong network of franchisees across the UK. It’s currently recruiting, so if you think this is the ideal opportunity for you, you could begin running your very own eTyres location in a matter of weeks. eTyres states that, due to the wide and diverse market it operates in and the industry’s increasing demands, it’s looking for new franchisees who can offer its services and products to even more clients.
History of eTyres
eTyres was set up in 1992 by Tony Bowman, who recognised that there was a gap in the tyre-fitting market. At the time, it was tricky to find a company that could change tyres quickly and easily no matter where you were in the country, so Bowman set out to change the mobile tyre industry.
After four years, the first eTyres franchise opened its doors in 1996. It was a hit, and the tyre franchise went on to establish locations across the UK, from the East Midlands to Scotland. There are now more than 40 franchisees within the eTyres network, and it has grown into one of the country’s best-known automotive franchises.
eTyres franchise model has also been recognised by some of the most prestigious awards-giving bodies, including the Franchise Marketing Awards, and has earned the bfa/HSBC’s Bronze Franchisor of the Year Award in previous years. eTyres was also the first mobile tyre company to gain an ISO 9002 accreditation, indicating its products and services are of the highest quality.
Despite all its success to date, eTyres isn’t resting on its laurels. The franchise is still actively looking for new franchisees across the country, so this opportunity could be ideal for you if you’ve always wanted to run your own tyre-fitting and retail business. Curious? Here’s everything you need to know about starting an eTyres franchise unit.
>> Read more:
Starting an eTyres franchise unit
There are a few things you’ll need to consider before starting your journey as an eTyres franchisee. We’ve rounded up all the key information to make your decision a little easier.
>> Read more:
Becoming an eTyres franchisee
You won’t need to have previous experience in the tyre business to become an eTyres franchisee. It asks that new recruits have excellent social skills to interact with clients and become the friendly face of eTyres in their local area. You also need to be personally invested in your business’s success and work hard to build up a profitable and rewarding tyre empire.
How much you need to invest
To become an eTyres franchisee, you’ll need to invest at least £24,000. However, as this franchise’s business model has achieved success in a number of locations, you could likely secure a loan from a high street bank that covers up to 70% of your investment costs (depending on your personal financial circumstances).
You will also need to purchase a van that can be fitted out with all the equipment you’ll need to provide eTyres’ services. The franchise is willing to help the right candidates with the deposit, and it’s likely you’ll soon be bringing in enough income to make the investment very worth your while. If you’re looking to establish a fixed-premises eTyres garage, you’ll also need to consider the cost of renting and fitting out your location.
What you get for your investment
You’ll secure the right to an exclusive location to conduct your business in, meaning you won’t be competing for clients with fellow franchisees. Every eTyres franchisee also undergoes a training process at the franchise’s head office, covering everything from sales to marketing to product knowledge to data management.
Even after your initial training is complete, you’ll be able to speak to the dedicated support team any time you need a helping hand. They’ll keep you in the loop about new products and practices, so you’re always offering the very best products and services to your clients and outpacing the competition.
Start a tyre franchise today
As you can see, eTyres is one of the most exciting opportunities currently recruiting in the tyre sector. However, if you’re interested in something else in the wider automotive franchise world, we’ve got plenty of other options. Browse our car and automotive franchise opportunities, where you’ll find everything from driver recruitment to mobile repair to valeting businesses that are seeking new franchisees.
Not sure the car world is right for you? Take a look at our UK franchise directory instead. You’ll find hundreds of exciting franchises spanning virtually every sector, with plenty of options for every budget, location, interest, or previous experience. And if you’re looking for more helpful advice, check out our articles section, where we post new ideas every single day.
Sophie Cole, Point Franchise ©