What is the Best Franchise to Buy in Australia in 2024

best franchises to buy in Australia
best franchises to buy in Australia

Franchising contributes around 4% to the country’s GDP, generating over half a million new jobs and an incredible 181.8 billion in revenue annually.

If you want to be a part of this dynamic sector, you need to know which is the best franchise to buy in Australia and what industry you should turn your attention to.

Here are the ​​top 10 franchises In Australia to help you get started, listed in no particular order.

1. 7 Eleven Stores

  • Industry: Retail
  • Founded: 1927
  • Headquarters: Dallas, TX
  • Estimated Franchise Cost: starting from $500,000
  • Perks: Guaranteed yearly gross income of $365,300 for Fuel Stores and $399,000 for Non-Fuel Stores
  • Terms of Agreement: 15 years + renewal opportunities

7-Eleven is the biggest Aussie convenience retailer, taking up a whopping 33.5% of the market and boasting over 650 locations across the country. It is also the biggest independent fuel retailer on the East Coast with around 470 stores selling Mobil fuels.

Why is this one of the most popular franchises in Australia?

7-Eleven will go the heavy lifting for you. They will:

  • Provide an 8-week training program
  • Set up the store
  • Negotiate with suppliers
  • Recommend what products to stock
  • Help with accounting and marketing

7-Eleven also provides 50% profit for the first $500,000 and 47% for the next $500,000.

2. PoolWerx

  • Industry: Construction
  • Founded: 1992
  • Headquarters: Dallas, TX
  • Estimated Franchise Cost: $110,000–$500,000 (depending on option)
  • Terms of Agreement: 15 years (three 5-year terms)
  • Perks: Use the Poolwerx “4 Tiers and 5 Years” business development program

Award-winning PoolWerx is one of the biggest pool and hot tub/spa maintenance networks in Australia and New Zealand. The company operates 150 retail stores worldwide and a huge mobile service fleet.

PoolWerx offers three unique franchise business opportunities, including:

  • Joining the brand by converting your service vehicle or pool and hot tub/spa business
  • Opening a new PoolWerx franchise
  • Buying an existing franchise on sale

Whichever option you go for, you will receive training (at the beginning and through the franchise agreement) on technical and business aspects, staff training and a nationally recognised CPO accreditation.

3. Laser Clinic Australia

  • Industry: Beauty
  • Founded: 2008
  • Headquarters: Sydney, NSW
  • Estimated Franchise Cost: $290,000–$3520,000 (plus franchise fees)
  • Terms of Agreement: 5 years + 5-year renewal option
  • Perks: Remuneration of $100,000 a year to the clinic manager

With 150 locations across Australia and New Zealand, award-winning Laser Clinic Australia is the top provider of laser hair removal, cosmetic injectables and skin treatment. In 2020, the company performed more than 3.1 million treatments and served 205,000 new clients across the world.

Should you partner with one of the most profitable franchises in Australia, you will get a turn-key clinic complete with state-of-the-art equipment and retail stock, as well as continuous assistance which includes:

  • Training on all products and services
  • HR, Legal & IT support

Best of all, Laser Clinic Australia employs a 50/50 partnership model that significantly reduces start-up costs.

4. Total Tools

  • Industry: Retail
  • Founded: 1989
  • Headquarters: Port Melbourne, VIC
  • Estimated Franchise Cost: $1,700,000–$2,000,000
  • Terms of Agreement: up to 10 years with renewal options
  • Perks: Delivering comp store growth of an average 22%

Australia’s biggest professional tool storethe best professional tool brands

If you sign up with TT, you will get:

  • A store set up to TT standard
  • Support from teams in:
    • IT
    • Marketing
    • Construction
    • Online & commercial sales
    • Finance
  • Help with securing 50% of the franchise setup costs from banks

Bear in mind that you will be charged a 2.5% administration fee of turnover, which is more than worth it considering the benefits Total Tools provides its franchise partners.

5. Just Cuts

  • Industry: Beauty
  • Founded: 1980
  • Headquarters: Sydney, NSW
  • Estimated Franchise Cost: $85,000–$260,000 for a fully operational salon
  • Terms of Agreement: 5 years
  • Perks: Potential to expand into multiple salons

Just Cuts is a well-known name in the beauty industry—it has been providing services since 1980 in its 190 locations across Australia. It is also one of the best Australian franchises thanks to its fixed cost business system that allows franchisees to lean back and reap the benefits.

More specifically, it offers:

  • A turnkey salon
  • A fully digitalised model + eLearning platform
  • Point of Service tools
  • Retail rewards program
  • Training on salon day-to-day operations
  • Ongoing support
  • A personalised Grand Opening marketing campaign

There is also the option to expand into multiple salons as more than 50% of Just Cuts franchise partners own at least two salons.

6. Computer Troubleshooters Australia

  • Industry: IT sector
  • Founded: 1999
  • Headquarters: Bentleigh, VIC
  • Estimated Franchise Cost: from $250.000
  • Terms of Agreement: 5 years + 5-year renewal option
  • Perks: Low initial setup & low monthly costs

Computer Troubleshootersfranchisees opportunities

What is Computer Troubleshooters one of the best franchises to buy in Australia?

You will get:

  • Low overheads & low start-up costs
  • Sales & Marketing support
  • Ongoing support through a mentoring program
  • Use of already established vendor relationships
  • Updated resources

In addition, you will gain access to an automated office & admin billing system and take part in a 4-day training program that includes on-site experience.

7. Wet-seal

  • Industry: Construction
  • Founded: 1986
  • Headquarters: Coffs Harbour, NSW
  • Estimated Franchise Cost: $25,000–$40,000 plus GST
  • Terms of Agreement: 3–5 years
  • Perks: Use of Wet-seal’s unique products in your territory

These Aussie waterproofing experts have been around for 3 decades, offering unique solutions for showers, kitchens, and laundries. This is one of the best small franchises in Australia, available in 10 locations and partnering with more than 59 Franchisee Territories.

The Wet-seal franchise agreement will provide you with the required equipment, a nationally recognised qualification, and IT, marketing & administrative support. On top of these, you will get access to in-house research & development of new products that you can use exclusively.

8. PACK & SEND

  • Industry: Logistics
  • Founded: 1993
  • Headquarters: Sydney, NSW
  • Estimated Franchise Cost: $179,687–$265,837 + working capital
  • Terms of Agreement: 10 years
  • Perks: Several revenue streams (Online, on-phone, in-store & SaaS)

PACK & SEND is one of the best and cheaper alternatives to Australia post and the leading freight and packaging services companies in Australia. The company has spent 25 years developing a business model, enabling it to establish a presence in over 130 locations.

Not only does it provide future franchisees with several income streams, such as eCommerce and mailbox rentals, this innovative brand also guarantees a minimum number of customers reaching out in the first year. If you receive less than the minimum, the company will pay you, thus giving you the confidence to get started with franchising.

9. Billy’s Buddies

  • Industry: Education
  • Founded: 2016
  • Headquarters: NA
  • Estimated Franchise Cost: from $15,000 plus GST
  • Terms of Agreement: 5 years + 5-year renewal option
  • Perks: Contributing to the development of children all over Australia

Billy Slater, one of the best Rugby League players, has developed a non-contact Basic Ball Skills Program for children aged 2-6 that aims to teach them one of the most popular sports and improve their sensory motion and eye coordination. The organisation runs over 200 Programs across the country and has over 2,500 children taking part.

Billy’s Buddies is an exciting franchise opportunity that comes with the following benefits:

  • A 3-day training course on marketing, program management, administration & coaching
  • Stock pack complete with equipment, uniforms & marketing material
  • Turnkey system
  • Low overheads
  • Discounts on supplies.

10. Powerful Points

  • Industry: Design
  • Founded: 2003
  • Headquarters: Crows Nest, NSW
  • Estimated Franchise Cost: starting from $80,000
  • Terms of Agreement: 5 years + 5-year renewal option
  • Perks: Franchisees are targeting revenues of $1,000,000

Powerful Points is a graphic design agency specialising in creating stunning presentations, motion graphics and digital media. Its client list includes big names like McDonald’s, Aldi and Hermes, so you know they are at the top of their game.

Signing up with one of the most profitable franchises in Australia will give you:

  • 4 weeks of training
  • 2-hour coaching and support call for the first 22 weeks

Moreover, there is no need to worry about marketing and quality control as this is handled by the franchisor.

Read More: How to Start a Home Business in Australia

Are You Ready to Sign Up?

If you are a sales-oriented person with good communication skills and the desire to learn, you too, could use the power of global brands and start your own franchise.

All you need is to get familiar with the latest entrepreneurship statistics to help you build a successful organisation and research which are good franchises to buy in Australia and look into their operation, the benefits they provide, and the initial investment they require.

FAQs:

1. What are the most profitable small businesses?

eCommerce and dropshipping are the top trends among SMBs right now.

2. How do I start a franchise with no money?

Some franchise brands can help you get a loan from a bank, while others, like PACK & SEND, have special programs helping people with potential, but no funds, get started.

3. Is franchise business profitable in Australia?

Yes. The Aussie market has 3x more franchises per capita than the US.

4. What is the most profitable franchise to own in Australia?

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