Drinks Franchise opportunities to start in Thetford
Investing in a franchise in Thetford
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Have a look at our selection of brands in Thetford, located in the Breckland area in the East of England, where many businesses are currently recruiting. Exploring our range of companies and sectors will allow you to pinpoint the type of business that is right for you.
Recent figures show that Breckland has a population of 139,000 residents. The 60+ age group is the most represented within the population. The labour force makes up 80.0% of the population, or approximately 63,400 people. The region has an unemployment rate of 3.1% which is lower than the national average of 4%. Residents in the area earn £23,688 per year on average. This income is lower than the country's average gross income, which reaches £30,629.
Why the Coffee & Wine Bar sector might be a good option for you
Are you interested in running your own business in the Coffee & Wine Bar sector? Have a look at our 14 franchise opportunities available in this sector. In fact, the Food sector as a whole offers a wide variety of franchises to invest in, including five Juice franchises, eight Ice Cream franchises, seven Vegan franchises, 23 Food and Beverage franchises and three Wine franchises. Check out our available brands to find a potential match.
Three examples of available franchise business possibilities
If you're planning to invest in the Coffee & Wine Bar sector, take a look at NKD Pizza. There are 25 outlets open so far, and the network is expanding. A large premises will be required to operate this business. If you can't cover the startup costs on your own, you may qualify for financial aid.
Another option worth considering is Veeno. By joining its network of eight franchisees, you could play a part in this brand's success. This business requires an initial investment of £80,000. If you plan on getting a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a Veeno business is £35,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. By investing in this established brand, you could be eligible for financial assistance. Visit our website for details.
Lastly, another option to consider is Cinnabon, a brand that was first established in 2004. Cinnabon now has over 16 years of experience under its belt. With a significant network of 1,300 locations, the brand knows how to support its franchisees.
If you would like to work in the Coffee & Wine Bar sector, the perfect investment opportunity could be waiting for you among our 14 available franchises in the sector. If you're curious about business options in other sectors, we've got a total of close to 250 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.