/24-7PressRelease/ - DUBLIN, IRELAND, March 30, 2007 - Cars are very much a part of today's world, and very much in tune with the lifestyle of 21st century people. However, keeping them in tune is another matter.
Cars and vans eat up vast amounts of petrol and oil, and constant use means these necessities in modern life are in need of regular tune ups, re-filling and parts changing.
And this means there is a huge market available for anybody looking to exploit a niche in the market. For example, changing the oil in your car is not fun, but it's necessary. It is also inconvenient as people will need to take time out of their days to travel to a garage and leave their car with engineers if they want a proper check up and oil refill.
However, this also means anybody looking to take advantage of this need can make good use of the market. Whether it's a static or mobile oil changing franchise, there is the potential for success. Mobile oil changing franchisees in particular are very popular, both with franchisees and with customers, as customers can pay for the privilege of having their oil changing facilities coming to them, wherever they are.
But mobile oil changing franchises offer even more than the normal oil replacement procedure, with brake repairs, tune-ups and windscreen repairs all adding to the convenience for the customer, and the sales for the franchisee.
And setting up in the industry can be fairly easy and cheap, with a mobile franchising unit could be set up for as little as $25,000 - and with a $15 billion industry, there is plenty of room for a return on invested cash.
And franchising certainly seems the way to go. In the UK, The franchising sector as a whole has now grown a staggering 44 per cent in ten years, taking the total number of franchise outlets up to nearly 34,000 and number of systems up to 781.
Mark Scott, national franchise manager at NatWest, said: "With figures like these, it's hardly surprising that the number of franchisors showing confidence in their own business remains very high with 80 per cent positive about their prospects.
"In addition, an impressive 84 per cent of franchisees continue to feel either motivated, or highly motivated."
Anybody looking to take advantage of this burgeoning sector and reap some rewards will need to do their research beforehand, making sure they not only have the correct funding, but they have the ambition and drive to succeed in what can be a competitive and hard-working market.
Copyright Adfero Ltd 2007
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