“There are lots of opportunities across the motor industry for someone who gets the service right. I intend to give young people the chance to set up in the industry by providing them with the finance to start up a business,” says Farmer.
He retained many of the freeholds when he sold the Kwik-Fit network, which stretched across Western Europe, to Ford in 1999 for £1bn. Farmer also took back tenancy on four Scottish sites in May – Dunfermline, Bathgate, and two in Edinburgh – sparking the industry gossip that he was planning a return to the repair sector.
Each entrepreneur will be given financial backing and a stake in the business, possibly about 10 per cent. Farmer believes this will drive them harder to ensure the company succeeds.
“If it's their business, they will have the self-motivation to work harder,” he says. “But I intend to be very much on the sidelines.”