Food Franchise opportunities to start in Thetford

Why should you invest in Thetford?

You could start your own business by becoming a franchisee in Thetford. There are a number of opportunities to choose from in Breckland, located in the East of England. Have a look at our selection of brands and start running your own business with a team behind you. By exploring the sectors that appeal to you the most, you will find the franchises that best suit your interests and business goals.

According to recent census data, 139,000 people live in Breckland. The population's most prevalent age group is made up of 60+ year olds. The labour force in Breckland amounts to 63,400 people, with an unemployment rate of 3.1%. This rate is lower than the national average. Across the UK, the annual gross income is just over £30,500 on average. In the region of Breckland, it is £23,688.

Why Food businesses appeal to franchisees

If you would like to operate a Food franchise, you are likely to find one that interests you among 136 available across the United Kingdom. There are three Natural Food franchises, four Waffle franchises, 11 Sweets franchises, 14 Drinks franchises and three Donut franchises offering franchising opportunities. You'll find options to suit many different career objectives and aspirations.

Three franchises that might interest you

If you are interested in opening a business in the Food industry, read about Wafflemeister. By joining its network of 24 franchisees, you could contribute to this brand's success. To start your own Wafflemeister franchise, you will need to invest £150,000, of which at least £100,000 should be your own personal investment. You could get a loan to help cover the remaining startup costs. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a small premises to operate this business. By investing in this franchise, you may qualify for financial assistance.

Bagel Corner is an interesting franchise option in the Food sector. The brand is expanding, with 30 outlets already in operation, and a desire to expand further. A small premises will be required to operate this business.

Finally, Dunkin' Donuts is another interesting brand operating in the Food industry. The first franchise launched in 1970. The company has built strong customer loyalty over the past 50 years. In order to start a Dunkin' Donuts business, a substantial initial investment of £3,000,000 is required. If you plan on getting a loan to cover the startup costs, you will generally need to cover 30 to 50% of the total investment yourself. Dunkin' Donuts requires a personal investment of at least £1,200,000. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You could also receive financial aid, if eligible. Visit our website for more information.

There are 136 franchises waiting to be discovered in the Food industry. Whether you've already decided to invest or are still weighing your options, it's worth looking at different sectors. At Point Franchise, we offer a total of almost 250 franchising opportunities to help you find the right fit.

This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.