Car & Automotive Franchise opportunities to start in Lincoln
Lincoln: A great location to start a business
Discover the opportunities waiting for you in Lincoln, situated in the East Midlands. On this page you'll find a selection of brands recruiting franchisees in the Lincoln area. Franchising is an opportunity to run your own business, complete with training and marketing support. If you already know which line of work you'd like to pursue, look into our franchise options in that sector. If not, have a look and see what other options catch your eye. We have businesses to suit many different interests and career goals.
Lincoln has a population of approximately 99,000 people. The age group with the highest concentration is 20-39. Approximately 50,600 people are economically active in the region, representing 78.3% of the population. The unemployment rate (6.1%) is high compared to the UK average (4%). The region's average gross annual income of £24,278 is lower than the average income of £30,629 across the UK.
Why the Automotive industry appeals to franchisees
There are currently 27 opportunities to invest in the Automotive sector. If you would like to operate a business in this sector, keep reading. With two Taxi franchises, three Car Wash franchises, three Tyre franchises, 10 Car franchises and eight Garage & Car Repair franchises, this field has great potential for exciting investment opportunities. See if there's a brand to suit your goals and interests.
Three franchises that might interest you
If you're interested in the Automotive industry, have a look at Autoglym. By joining its network of 65 franchisees, you could play a part in this brand's success. It has been running since 1996. Autoglym has gained valuable experience in the field in its 24 years since first opening. Initially, you would need to invest £50,000 to get your own Autoglym business up and running. It is thus less appropriate for new investors.
Another brand worth considering is The Wheel Specialist. There are 30 outlets open so far, and the network is expanding. A significant initial investment of £160,000 will enable you to start your own Wheel Specialist business. In most cases, your personal investment should represent 30 to 50% of the total amount. The Wheel Specialist requires you to personally invest at least £60,000. You could potentially get a loan to cover the remaining costs. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance.
Lastly, if the Automotive sector appeals to you, Revive! Auto Innovations is another option you could consider. The brand is expanding, with 60 locations already in operation, and a desire to expand further. You will need to invest £32,000 to start running your own Revive! Auto Innovations business, which is a reasonable initial investment. Your personal investment should account for at least £14,000 of the total amount. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees. By investing in this established brand, you could be eligible for financial aid. See eligibility details on our website.
There are currently 27 available franchising opportunities in the Automotive industry. Check out these brands to find out if there's a good fit for you. If you're curious about franchising opportunities in other sectors, Point Franchise has almost 250 brands to pick from.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.