Bakery Franchise and Business Opportunities
Purchasing a Franchise in the Food Service Industry in your area
Do you have an ambitious spirit and have dreamed of venturing into the food industry in your area? There are a lot of benefits to jumpstarting your own business in the restaurant industry. But, it can also be difficult. A restaurant franchise may be the perfect match where the food-service industry crosses over with business ownership, providing the perfect chance to start a business for many would-be restaurateurs. As you think about purchasing a new restaurant franchise in your area, there are a few things to think about.
What Does It Mean to Own a Franchise Restaurant?
Not all chain restaurants are franchises. For example, even when a restaurant is globally recognized, it can be corporate-owned and operated by company employees. A restaurant franchise is awarded, and owners are independent and buy the rights to open and operate a location.
The franchisee pays royalties to the corporate office as they operate under the brand. In return, corporate has branding characteristics and carries out the marketing, menus, training, conferences, and troubleshooting for all its franchisees.
Available Food-Industry Franchises
There are a lot of different kinds of restaurant franchises you could invest in. You could go in on a fast-food restaurant, quick service, fast-casual, counter walk-up, sit-down, food truck, or even focus on a meal-specific restaurant and only serve dessert or breakfast. You'll have the best success with a restaurant that meets your preferences and meshes with what corporate wants, so reach out to our team to get the ball rolling.
We can help you recognize gaps in your community and evaluate the options that are available to fill those niches so you have a slice of the open market. With our help, you will know the community's economy, median household income, and other identifiers to make an educated choice when buying a restaurant franchise. Market research may show what is lacking in your community and what kind of franchise restaurant the people want.
We Help You Select What Type of Restaurant to Purchase in your area
With help from an experienced team, you can find a restaurant franchise to fit your goals in your area.
What does it cost to get into the Bakery sector?
The average investment in the Bakery sector is $339,014. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Bakery franchises, 8 have an investment lower than $282,725. The average initial investment is skewed because the most expensive franchise in this sector is $720,562.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Bakery investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.
How much can I make in the Bakery sector?
How much money you can make from a Bakery franchise depends on several factors, including location and demand for your services.
One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.
In the Bakery sector, 44% disclose a financial performance representation. Of those, only 14% disclose some type of expense data on its franchisee operations.
Unlock our Bakery Sector Report to learn which franchises are profitable.