Food Franchise opportunities to start in King's Lynn
King's Lynn and its prospects for new Businesses
Are you thinking about opening a franchise? King's Lynn, in the East of England, could have a lot to offer. By becoming a franchisee, you could receive training and marketing support from an established brand while running your own business. Take a look at the brands currently recruiting in King's Lynn and West Norfolk. We offer a number of franchises to suit various budgets and career goals. Have a look at our selection of businesses and sectors to see what might suit you.
The population of King's Lynn and West Norfolk is 152,000. Residents in the 60+ age group make up the largest portion of the population. Approximately 69,100 people are economically active in the area, representing 80.9% of the population. The unemployment rate (3.2%) is below par compared to the UK average (4%). With an average gross annual income of £25,049, salaries in King's Lynn and West Norfolk are slightly lower than the average salary of £30,629 across the United Kingdom.
Why Food businesses appeal to franchisees
Across the UK, you will find 136 franchises operating in the Food industry. Among the business opportunities in this sector, there are three Smoothie franchises, eight Ice Cream franchises, six Milkshake franchises, seven Vegan franchises and nine Healthy Food franchises. There might be one worth considering among them. It may interest you to know that companies in the King's Lynn and West Norfolk area currently employ 4,500 people in the Hospitality and Food Services industry.
Three examples of available franchise business opportunities
The Food industry has many franchise options available, such as Cinnabon, which launched in 2004. Cinnabon has proved itself to be a successful business and leader in the field in its 16 years since opening. With a vast network of 1,300 locations, the brand knows how to support its franchisees.
Have a look at LighterLife. Opened in 1992, the brand is now mature and a leader within the sector, having developed its franchise community for 28 years. The brand is expanding, with 50 outlets currently in operation, and a desire to expand further. You will need an initial investment of £1,000 to open your own LighterLife business. These relatively low startup costs make it a good option to pursue for first-time franchisees.
Lastly, you could also consider Bagel Corner. There are 30 locations open so far, and the network is expanding.
There are currently 136 available franchise options in the Food industry. Check out these brands to see if there's a good fit for you. But you also have plenty of investment possibilities in other sectors as well, including more than 232 franchising opportunities available on Point Franchise.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.