When it comes to car ownership, the UK is one of the world’s leading countries, meaning there is a high demand for vehicle franchise opportunities, due to their popularity and success. Here, we have assembled your ultimate guide to automotive franchises in the UK, discussing why the demand is so high, and what franchise opportunities may be for sale.
The rising use of cars
The popularity of vehicle franchise opportunities goes hand in hand with the rising use of cars in the UK. The automotive industry is vibrant, exciting and constantly growing. It’s thought that on average, up to 3.5 million new cars are sold each year in the UK, and there were 40 million licensed cars on UK roads in 2019. There has also been a rise in the number of UK households owning at least one car, and also two or more.
The high demand for automotive franchises
Automotive franchises UK wide are very broad, and often much more varied than people originally think. Many people jump to vehicle retailing franchises as the only route to take. While these are very much real, retail is only a single area covered by car franchise dealership. Opportunities cover all aspects of cars and their management, such as driving franchises, car rental, car washing, alloy wheel repairs, and car repair franchises.
Another reason that automotive franchises are so in demand is the lack of experience needed. There are plenty of people that have a passion for cars, but no vehicle-related business experience. When it comes to investing in a franchise, this isn’t an issue. All you need is the drive to turn a hobby into a business, and your franchisor will help take care of all other aspects. You’ll be provided with full training and support through all aspects of business, and will be rewarded with a personal stake in the success. To be successful passion is just as, if not more important than experience. If your great love is cars, it might be time to browse some car dealership franchise opportunities UK based.
Do you have management experience? There are also management franchise opportunities in the automotive sector. So, if you’d feel more comfortable utilising your previous experience, you can do so, whilst also being around and dealing with cars and other vehicles.
Automotive franchise opportunities for sale
Depending on the success and size of the current brand, an automotive franchise in the UK can cost anything from £20,000 to £75,000. This is no different from most service-based franchises.
Franchise UK can assist with finding your ideal automotive franchise. If you’re interested in running a car parts franchise UK wide, why not invest in the Autobrite Direct franchise? This is a brand new, exciting opportunity to manage a car product business. You’ll also have the support of one of the UK’s most respectable valet providers.