Restaurant, Coffee Shop & Pub Franchise opportunities to start in Thetford
What to consider when starting a franchise in Thetford
If you want to open your own business, you may find that Thetford has a lot to offer. Several companies are currently recruiting franchisees in the Breckland area. Keep reading to find out if running a franchise could be a good option for you! Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
A recent census found that 139,000 people live in Breckland. The 60+ age group has the highest concentration in the population. Unemployment affects 4% of the UK population. With a rate of 3.1%, unemployment in this area is lower than the national average. The economically active population amounts to 63,400 people, representing 80.0% of the population. With an average gross annual income of £23,688, salaries in Breckland are lower than the average income of £30,629 across the United Kingdom.
Have you considered the Restaurant sector?
If you're thinking about becoming a franchisee in the Restaurant industry, check out our 88 franchise opportunities currently available in the field. Available franchises include two Chicken franchises, three Frozen Yogurt franchises, two Burger franchises, four Halal franchises and 11 Fast Food franchises. The right business to suit your career objectives and aspirations might just be among them.
Want to know more? Read about these three brands
If working in the Restaurant industry appeals to you, take a look at Wok to Walk. By joining its network of 95 franchisees, you could contribute to this brand's success. You will need to invest in a small premises to operate this business.
Rooster Shack is another interesting franchising opportunity if you plan to invest in the Restaurant industry. The brand is growing, with two outlets already in operation, and a desire to expand further. You will need to invest £150,000 to begin running your own Rooster Shack business, which is a substantial initial investment. Your personal investment should account for at least £75,000 of the total amount. Given these higher startup costs, this is 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. If eligible, you might be able to benefit from financial assistance.
Lastly, you could also consider Caprinos Pizza. This brand is expanding, counting 16 locations across the country. This business requires an initial investment of £65,000. 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 Caprinos Pizza business is £50,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. Financial support is available for eligible franchisees. See eligibility details on our website.
Many businesses are already operating in the Restaurant sector. We currently have 88 franchise options available in the sector. If this sector doesn't suit your needs, don't worry. Point Franchise offers almost 250 franchise options across a variety of sectors to help you find your perfect investment opportunity.
This page contains data provided by NOMIS and the ONS. This content was automatically generated by LabSense.