Industry · municipality
Fast Food Chain in Midt Telemark
An analysis of the industry, companies, and outlooks
Executive Summary
There are no registered companies in the fast food chain industry in Midt Telemark. However, data from the broader quick service sector shows growth in both sales and number of employees. This suggests there may be potential for new players in the area, even though there are no current fast food chains in the municipality.
Economic Overview
There are no registered companies in the fast food chain industry in Midt Telemark. The broader quick service sector, however, shows growth in sales and employees. For quick service in the municipality, sales increased from 3.5 million Norwegian kroner in 2020 to 8.7 million Norwegian kroner in 2024, with an average annual growth rate of 19.5%. The number of employees in the quick service sector has increased from 0 in 2016 to 16 in 2024, with strong growth from 2020 to 2022.
Companies in the Industry
There are no companies registered in the fast food chain industry in Midt Telemark. The broader quick service sector, however, has several companies, including two bakeries listed as peer-companies. These companies operate in Bø in Telemark and have varying levels of sales and EBITDA.
Business Geography
There is no available data on the distribution of fast food chain activity by city or location in Midt Telemark. The broader quick service sector does not have clear geographic focus areas in the municipality, but there are registered companies in Bø in Telemark.
Business Dynamism
There is no available data on bankruptcy statistics or bankrupt companies in the fast food chain industry in Midt Telemark. The broader quick service sector has also not recorded any bankruptcies in the municipality, indicating a stable sector.
Outlook
There are no current fast food chains in Midt Telemark, which could represent an opportunity for new players. The broader quick service sector shows growth, but it also includes other sectors such as baking. Founders should therefore carefully analyze the market to identify needs and bankruptcy risks.
Outlook for the Quick Service Sector
The broader quick service sector in Midt Telemark has shown stable growth in both sales and number of employees. For example, bakery companies such as Aasmundsens Bakeri Telemarksbakern Efft As Avd Bøsenteret and Aasmundsens Bakeri Telemarksbakern Efft As Avd Bø have higher sales than other companies in the sector. This shows that the quick service sector has potential, even though the fast food chain industry is not represented in the municipality.



Other companies in hurtigmat (not in fast food chain)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Aasmundsens Bakeri Telemarksbakern Efft As Avd Bøsenteret | bakery | Stasjonsvegen 28, 3800 Bø I Telemark | NOK 9.9M | 13 | NOK 682.7K |
| Aasmundsens Bakeri Telemarksbakern Efft As Avd Bø | bakery | Bøgata 54, 3800 Bø I Telemark | NOK 166.1K | 0 | NOK 11.4K |
Conclusion
Midt Telemark has no registered companies in the fast food chain industry, but the broader quick service sector shows growth. This could be an opportunity for new players, but it is important to carefully analyze the market to identify needs and bankruptcy risks. SmartGrunder can help founders explore potential addresses in the municipality for this industry.