The food franchise industry is the largest sector of the franchising industry. It is not surprising then that the food franchise industry enjoys a long and successful history of economic stability.
The food and beverage industry is a fixed feature in the Australian multi cultural market. Due to the multi- cultural aspect of Australia, the cuisine reflects this in the vast array of food franchises available. These include but are not limited too: Chinese, Italian, Spanish, Japanese, Indonesian, Mexican, Lebanese, Greek, American, Indian, Thai, Vietnamese and more!
Then there is a vast array of different sectors such as pizza, burgers, chicken, sandwiches aka Subway, trio’s wraps, croissants, seafood, salads, sushi, pies, pasta, bagels, noodles, crepes, grills, and donuts. Not to mention the recent popularity of Australian native cuisine, such as kangaroo, crocodile and emu!
Restaurant franchises inAustraliahave been heavily influenced by internationally recognizable brands such as McDonalds, Domino’s pizza, KFC, and Nando’s. However, there is a strong population of the native niche Australian franchises now dominating the franchise industry. These include brands such as Sumo Salads, Healthy habits, Crust Pizza and Bucking Bull.
Food franchises offer loads of beneficial features above and beyond other franchise markets due to four foundational qualities that remain through any economic climate.
Economic Climate stability: In the current economic down-turn food franchises are one of the few services that do not suffer from the impacting downturn of reduced customer spending. Consumers may not be spending money in the retail or travel sector but they will still prioritize eating good quality food as a reward to the more frugal budget they are now bound by. Keeping expenditure to a minimum requires small rewards available in the food franchise industry.
Market Demand is high: Statistically the market demand in the food industry continues to remain high and this has been attributed to the large variety and range of health food alternatives.
Location and Opportunity: There is a high volume of traffic surrounding food franchises in any given 24 hours. If you pick a great location, accessible and in close proximity to the workplace or popular retail outlets, food franchises can be a highly rewarding financial venture.
Versatility: The food franchise sector is a versatile industry offering both restaurant services and the associated dinning options, as well as, the option of takeaway and hotspot locations. This is the age of convenience and instant gratification therefore the food sector meets this need instantaneously through the increased range of fast-food outlets, such as pizza, Asian -takeaway, Smoothie and take away juice bars, Coffee shops and more.
Some examples of current franchises for sale include:
- Baguette express
- Bucking bull
- Chicken Treat
- Essential essential
- Esquires Coffee
- Go Sushi
- Healthy Habits
- Subway
- Café bb’s
- Brumby’s
- Donut King
- Michel’s patisserie
However, for the more health conscious reader do not despair with the current focus on health and obesity the fast food industry doesn’t necessary mean an industry of fat either. There is now a world-wide shift in focus which is materializing in the food franchising sector with many restaurants now including healthier options on the menu, just look at Mac Donald’s new salad range.
The real feature of the versatility of the franchise food industry is in the strength of the brands.
Many people dream of opening their own business and becoming financially independent, however breaking into unknown terrain can be daunting to say the least. That’s why entering the food franchising industry gives you an opportunity to embark upon a unique food retailing experience under the guidance of proven and economically robust business models.