How Much Does It Cost to Buy an Automotive Franchise in UK

1. HOW MUCH DOES IT COST TO BUY AN AUTOMOTIVE FRANCHISE IN THE UK? The automotive industry is a big earner anywhere in the world. Majority of the people own cars, and take quite good care of them as well. The automotive franchise market has always been flourishing and giving great profits to investors. Owning an automotive franchise doesn’t necessarily mean owning a car showroom. It includes car repair stores, dent and alloy wheel repairs, car and vehicle leasing and rental, and car washing etc. It has a wide variety of options to invest in and buyers can pick and choose the business they have the most interest in. On the contrary to popular belief, it does not cost an arm and a leg to buy an automotive franchise. All kinds of options can be explored and studied, and an investment can be made according to your budget. With the automotive industry, the opportunities are endless. Since Brits we love our cars, and maintain them well, automotive franchises make a lot of money. As soon as you have a budget in mind, you can explore the options you have for investing.

2. The best thing about owning a franchise is that you don’t necessarily have to have experience in that particular industry. The franchisor will fully train the franchisee and give information about all the things that are important. So, there is nothing to worry about. The franchisee will be able to run the franchise like a professional in no time. According to SMMT, the automotive industry contributes £77 billion per year to the UK’s economy, so investing in this industry would be a wise decision. The minimum amount of investment needed to invest in automotive franchise is a mere £7000. In that money, you can own a van-based car valeting and detailing franchise, which would give you a good turnover, and would be very convenient to run. With around £18000, you can own a car repair franchise. From windows, to paint jobs, to scratches and dents, these van franchises are equipped to handle any kind of damage that may have been caused to a car. As we mentioned before, Brits like to keep their cars new and shiny. This business is bound to succeed. There are franchises in this area that claim to give a turnover of £75,000 per annum from each operating van. Explore the endless options of car repair vans and become an owner of one today. It’s as simple as filling out your name in a form. If you have more cash to spare, then from £44000 and above, you can own a wheel refurbishing franchise. This franchise caters to the elite, who like to spruce up their cars and modify them to keep them unique. The wheel refurbishing franchises have a great turnover and this is an interesting business. Tires of cars get damaged over time and need to be changed anyways, so the owner of this franchise will be making money regardless. This is one of the best car franchise opportunity. There are a few good, well established businesses for sale in this industry. Do your research and find the best one that fits in your budget. Another motor franchise for sale in UK is the chauffer car services. With a minimum investment of £14000, you can own the likes of White 7 UK, which is a Chauffeuring BMW car franchise. With this automotive franchise, the buyer gets a fleet of top-quality cars that can be rented out to individuals and companies. The franchise comes with well-trained chauffeurs, who have previous experience of driving with renowned set ups like the police, etc. They are well trained in giving the customers exactly what they want, together with safety on the road. This service can be requested by tourists, individuals or companies. The turnover of this franchise is phenomenal, and the investment minimal. Car rental franchises without chauffer service are also available. This business is very lucrative and does not require the buyer to have any past experience in the area. You can just take the business to new heights using your management and leadership skills.

3. Another area investors can explore among the car franchise opportunities is the forecourt and fuel retailing. Big names such as Rontec are available for a minimum investment of £20,000. In this money, you get a well renowned franchise, with great back up and support. All these cars need to fill up on fuel. Forecourt businesses are a necessity. And the new buyer need not worry about the technicalities of running the place. The company (franchisor) will train the franchisee how to run the forecourts to maximize profits. The systems and processes will be taught to the franchisee in order to help them take the business to the next level. So, on an average, in about £20,000, you can own your very own UK automotive franchise, with a fabulous turnover. You don’t need a background or prior experience of the automotive industry, or a fancy degree to be able to make a living with the automotive franchises in UK. The franchisors help support the new buys with the business as much as they can, and solve the teething problems of the new business along with the new owner. Finances are also available to finance these investments for up to 70%, in case the buyers are short on cash. So, it is basically very convenient to become an owner of any of the available franchises. With the help of a franchise finder, you can find just the right franchise that fits within your budget and analyse the returns to make the final decision. Rest assured that your initial investment will be doubled and the tripled over time. Each of these franchises are of a well-established business looking to expand and grow. Become a part of something today. Read More: - https://www.sooperarticles.com/business-articles/franchising-articles/how- much-does-cost-buy-automotive-franchise-uk-1740613.html