Market Focus Food
With coffee shops and fast-food outlets dominating high streets, the quick- service food and drink franchise industry continues to boom. But with more and more people opting for a healthier lifestyle, food franchises using low-fat recipes and organic produce are also becoming popular. Alexis Thompson reports
to be worth around £3.5 billion. With this rapid expansion there are an abundance of franchise opportunities within this industry, often proving to be lucrative ventures. For instance, one in two Domino’s Pizza franchisees have businesses worth £1 million. Andy Hirst, head of franchise development at Domino’s says: “A food franchise can offer an exciting, sustainable business with great margins. It also provides a fantastic opportunity to build up a very loyal customer base who, if you look after them well, will continue to come back time and time again. Food is a vibrant industry and it’s a people business too so a franchise such as Domino’s is ideal for entrepreneurs who enjoy interacting with customers and leading a team.” While fast-food franchises continue to
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remain big business, smaller specialist food franchises, such as Riverford Organic, are also increasing in popularity as a result of a
he quick-service food and drink industry in the UK has grown at a more rapid rate than any other sector – the quick-service restaurant industry alone is estimated
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