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Interested in Owning Your Own Business? Open a Franchise

Tuesday, July 22, 2014

coffee van franchiseAccording to the Australian Immigration Book, it is estimated that there are 1,100 franchise systems in Australia. A franchise can provide a unique economic opportunity for many people searching for successful business ideas: for roughly the same investment as starting an independent small business, a franchisee receives everything from extensive training to a successful business reputation, two factors that make it easier to promote a small business.

But what small business franchise opportunities are proven to be profitable? Depending on your interests, the answer may be a coffee van franchise.

According to Business Insider, the coffee industry is worth an estimated $100 billion U.S. dollars worldwide. After crude oil, coffee is the most sought-after commodity in the entire world. Coffee is socially valued, and also offers a number of potential health benefits: for example, American researchers have found that drinking between one and four cups of coffee a day can drastically reduce the risk of cirrhosis of the liver. But whatever the cause, coffee is a growing industry: according to Datamonitor, for every seven cups of coffee consumed by the average Australian, one is consumed out-of-home, either at a coffee shop or mobile coffee van.

Currently, the International Baccalaureate Information System, or IBIS, reports that there are an estimated 84,867 people employed by the Australian coffee industry. IBIS also reports that there are an estimated 6,613 coffee businesses throughout the country. However, coffee shops are one of the fastest growing industries in the world, with an annual growth of 7%, creating a potentially profitable opportunity for mobile cafe businesses such as coffee van franchises. Mobile coffee vans in particular are popular at public events, but can also attract a high volume of pedestrian traffic and repeat customers. If you are interested in joining a growing industry with a variety of interesting opportunities, research coffee franchise opportunities, such as coffee van franchises, today.

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