Applications for the Thresher Group Franchise scheme have topped the 1,000 mark less than six months since it launched to the UK public.
Earlier this year the drinks giant became the first-ever off-licence chain to offer existing branches for franchise.
Says Fyl Newington, Franchise Development Manager for the group: “We’re offering an affordable way for people to buy into a ready-made business backed by one of the best-known brands in the UK, so it’s no wonder interest levels are high.”
Under the innovative Thresher scheme, applicants pay £20,000, plus the stock value, to take over an already profitable store and run it as their own business. After the initial payment, franchisees pay an occupancy fee and a small percentage of the turnover to Threshers.
This gives them the autonomy to run the store as their own business, deciding on range, promotions and pricing while enjoying the purchasing power, marketing expertise and branding of the nationwide Thresher chain.