This new year, budding business owners can get a fresh start by getting into franchising opportunities. There are countless advantages of franchising. These include support from an established brand, access to a well-tested business model, and more. Business enthusiasts can tap these benefits by scouting franchises for sale in Australia. If you are looking for a new business opportunity in Melbourne, you can check out these five exciting opportunities to kickstart your venture.
Why Start Franchising in Australia in 2022?
The Australian economy is faring well despite the threats of the Omicron variant of the novel coronavirus. Indeed, reports indicate that the Australian economy will grow by 3.6% and the business investments will rise by 5.2% in 2022. Franchising is a low-risk strategy to leverage these growth prospects. You can explore the best franchises to buy and choose an opportunity that allows you to ride this growth wave.
Top 5 Franchising Opportunities to Explore in Melbourne in 2022
If you are looking for a good franchise business for sale in Melbourne, this list can help you narrow down your favourites.
- Kumon: Kumon is a company that focuses on after-school education. This company delivers after-school training programmes in mathematics and English so that students can reach their full potential. You can enter the burgeoning education market by opting for a Kumon franchise. This opportunity requires a minimal initial investment of $5000. At the same time, this well-tested model with around 330 established locations can offer you immense support to grow your business.
- Lava Carts: This franchise model involves setting up carts in strategic locations to sell high-quality coffee and snacks. The food and beverages industry can help you reach a massive customer base. At the same time, this experienced company can offer its impeccable business model and marketing support to help you succeed. This company, established in 2008, requires an initial investment of approximately $180,000.
- Midas Australia: This company focuses on offering top-notch car servicing and repair work for customers across Australia. Established in 1976, this company boasts of a strong franchise network with 80 locations and units. You can join this lucrative opportunity with an initial investment of $120,000. The company offers marketing support with a 5% marketing budget.
- Provender Australia: As offices and commercial premises continue to open up, vending businesses are growing in popularity. This company focuses on setting up vending machines for coffee, snacks, and other beverages on different premises. The initial investment can vary between $80,000 to $800,000 depending on scale and location. You can access marketing guidance and full-fledged training support from the company.
- Worldwide Printing Solutions: This company offers solutions for printing and designing. They have a robust technical backend to support their business. This company provides extensive marketing support to its network of franchises. At the same time, they have more than two decades of experience in perfecting this model. An initial investment of about $150,000 is adequate to start this business.
For more insights, keep reading the best magazine about franchising in Australia.
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