Franchise turnover spirals to €2.4bn

TURNOVER in the franchise sector has jumped 15% to €2.4 billion since 2006.

The industry delivered 4,086 operating units on the island of Ireland this year and has generated 42,927 full-time jobs, according to an assessment of the Irish franchise market conducted by UCD Michael Smurfit Business School and Ulster Bank.

The franchise sector has increased job creation figures every year since 2006, when the study was last conducted.