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Franchising, which makes up about 4% of Australia’s GDP (or about $144 billion), is one of the fastest-growing industries in the country. Reports indicate that it has also resulted in the creation of 500,000 new jobs. A recent study estimates 1,160 franchise systems in Australia and 79,000 franchise units.
The bottom line is that franchising is the way to go if you’re considering starting a business in Australia but want to avoid the typical startup learning curve. Below are the top franchise opportunities in Australia and the associated costs.
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1. PoolWerx
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PoolWerx is among New Zealand and Australia’s most extensive networks for maintaining pools, hot tubs, and spas. It has won several awards for its work. The business has 150 stores worldwide and a massive fleet of mobile service vehicles.
PoolWerx provides three different kinds of franchise businesses, which are:
- Adding your service van or pool and hot tub/spa company to the brand
- Establishing a second PoolWerx location
- The purchase of an already established franchise that is now on sale
No matter which route you take, you’ll get initial and ongoing training on technical and business issues, as well as staff training and a CPO certification recognised on a national scale.
Detail
- Field: Construction
- Launching: 1992
- HQ: Dallas, TX
- Approx Cost: $110,000–$500,000
- Terms: 15 years
- Benefits: Put your business on the fast track with Poolwerx’s “4 Tiers and 5 Years.”
2. 7-Eleven Stores
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This store has over 650 sites across Australia, making it a significant player in the convenience store industry. They have 33.5% of the market share. Almost 470 of its outlets sell Mobil fuels, making it the largest independent fuel retailer on the East Coast.
The following are a few services that 7-Eleven stores do for their clients:
- Provide an in-depth training course that lasts for eight weeks.
- Place the shop’s fixtures.
- Talk with vendors and try to save costs.
- Make suggestions for inventory.
- Assistance with financial and promotional tasks
7-Eleven also offers a 50% return on the first $500,000 and 47% on the next $500,000.
Details
- Field: Retail
- Launching: 1927
- HQ: Dallas, TX
- Approx Cost: from $500,000
- Benefits: An annual gross revenue of $365,300 is assured for Gasoline Shops, and $399,000
- Terms: 15 years, plus renewal opportunities
3. Laser Clinic Australia
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Australia’s go-to provider of laser hair removal, cosmetic injectables, and skin care treatments is Laser Clinic. Almost 150 locations in New Zealand and Australia provide its services. In 2020, they served about 3.1 million patients and gained 205,000 new subscribers.
Join forces with this facility, one of Australia’s most successful franchises. You’ll get a fully operational clinic stocked with high-quality products, cutting-edge machinery, and ongoing support that include:
- Extensive product and service-specific instruction
- Support for Human Resources, Law, and Information Technology
Also, the 50/50 partnership structure Laser Clinic Australia uses helps keep costs down.
Details
- Field: Beauty
- Launching: 2008
- HQ: NSW, Sydney
- Approx Cost: from $290,000 to $3520,000
- Terms: 5 years, plus a 5-year renewal alternative
- Benefits: the return of $100,000 per year
4. Just Cuts
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This business was launched in 1980 and has become a household name in Australia’s cosmetics and hair care industries, expanding to more than 180 locations. In addition, its fixed-cost business strategy allows franchisees to reap big, making it one of the top Australian franchises.
It provides the following:
- Point of Service tools
- A turnkey salon
- Retail rewards program
- A fully digital platform and digitised models
- Training on salon operations
- Support
- A customised Grand Opening promotion
More than half of Just Cuts franchise partners now operate two salons, so growth into additional locations is possible.
Details
- Field: Beauty
- Launching: 1980
- HQ: Sydney, NSW
- Approx Cost: From $85,000 to $260,000
- Terms: 5 years
- Benefits: Possibility of growth into a chain of beauty salons
5. Total Tools
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Australia’s largest professional tool shop has over 60,000 items sold throughout its network of 80 stores nationwide. These products include the largest selection of professional tool brands available.
When you enrol with TT, you will receive the following benefits:
- A shop that conforms to the TT standards in its layout and design
- You will get support in the following:
- IT
- Finance
- Marketing
- Construction
- Online and commercial campaign
- Financing assistance for up to 50% of initial franchise investment expenses
While there is a 2.5% administrative fee for sales, becoming a franchise partner with Total Tools is well worth it because of all the perks you’ll receive as a franchisee.
Details
- Field: Retail
- Launching: 1989
- HQ: Port Melbourne, VIC
- Approx Cost: $1,700,000–$2,000,000
- Terms: 10 years, plus renewal options
- Benefits: Providing comparable store growth at an average of 22 per cent
6. Computer Troubleshooters Australia
This is Australia’s largest IT services franchise, and it provides entrepreneurs with entry points into one of the largest and most exciting markets.
To sum up what you’ll receive:
- Reduced operating expenses and minimal initial investment
- Help with Marketing and Sales
- Indefinite assistance via a mentoring scheme
- Capitalisation on preexisting supplier connections
You will also participate in a four-day training session involving on-site experience and access to an automatic office and administrative billing system.
Details
- Field: IT sector
- Launching: 1999
- HQ: Bentleigh, VIC
- Approx Cost: from $250.000
- Terms: 5 years + 5-year renewal option
- Benefits: Minimal out-of-pocket expenses and recurring charges
7. PACK & SEND
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PACK & SEND is Australia’s major freight and packaging company and a more affordable alternative to Australian Post. After 25 years of refining its business approach, the corporation has expanded into more than 130 different markets.
This forward-thinking franchise not only ensures a set amount of clients will seek out within the initial year, but it also provides many sources of revenue, such as e-commerce and mail rentals. You can feel secure starting a franchise because the corporation will compensate you if your earnings fall short of a certain threshold.
Details
- Field: Logistics
- Launching: 1993
- HQ: Sydney, NSW
- Approx Cost: From $179,687 to $265,837, plus working capital
- Terms: 10 years
- Benefits: Many sources of income
8. Wet-seal
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This Australian company, dealing in shower, kitchen, and laundry waterproofing, has served Aussies for three decades. Wet-seal franchise ranks among Australia’s best, with ten locations and a partnership of more than fifty-nine Franchisee Territories.
Equipment, a credential recognised on a national scale, and help with advertising and running the business itself are all part of the franchise agreement for Wet-seal. In addition, you will have access to their proprietary R&D efforts for cutting-edge items that are yours to use exclusively.
Details
- Field: Construction
- Launching: 1986
- HQ: Coffs Harbour, New South Wales
- Approx Cost: From $25,000 to $40,000 + GST
- Terms: Three to five years
- Benefits: Wet-specialized Seal wares being put to use in your region
9. Billy’s Buddies
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Billy Slater, a top Rugby League player, created this non-contact Ball Skills Course for kids aged 2-6. He designed it to train kids on popular games and build their sensory mobility and eye coordination. They have over 2,500 kids participating in their programs nationwide, and they run over 200 of them.
The following are some of the many advantages of owning a Billy’s Buddies franchise:
- Course content includes marketing, program management, office administration, and coaching for three days.
- Bundle, including all necessary tools, garments, and promotional materials
- Ready-to-go setup
- Costs are kept to a minimum
- Supply price reductions.
Details
- Field: Education
- Launching: 2016
- HQ: NA
- Approx Cost: from $15,000 plus GST
- Terms: 5 years
- Benefit: Making a positive impact on the growth of kids across Australia.
10. Powerful Points
This graphic design firm focuses on producing high-quality presentations, motion graphics, and other forms of digital media. Companies like McDonald’s, Aldi, and Hermes are among their clients, so you know they’re first-rate.
Details
- Field: Design
- Launching: 2003
- HQ: Crows Nest, NSW
- Approx Cost: from $80,000
- Terms: 5 years + 5-year renewal option
- Benefits: Revenues from $1,000,000
What to Consider When Looking for the Best Franchise to Buy in Australia?
The following guidelines will assist you in selecting an Australian company that is a good fit for your skills and interests, enjoys a positive reputation, and has promising prospects.
Personal Interests and Skills
It’s easier to put long hours and your best effort into a franchise when it’s a good fit for you personally and professionally. Consider a fitness franchise, for instance, if you are interested in health and wellness. Opening a food franchise may be a suitable fit for you if you’re good in the kitchen.
Financial Capacity
Consider the initial franchise purchase price, continuing royalties, marketing expenses, and supplies. Confirm if you have sufficient funds to maintain the company long-term. You should also think about how long it will take for the business to produce a profit and how much of a return on investment you can expect.
Franchise Track Record
Check out the franchisor’s past and what other people say about them. One option is finding a franchise with a profitability and longevity track record. You can find out how successful they have been by looking at their financial records, talking to their current franchisees, and reading online customer reviews.
Industry Trends
Ideally, you want a franchise to take advantage of your sector’s present and future. A growing trend in Australia is healthy and plant-based diets, so if the food sector interests you, consider opening a franchise that caters to this market.
Training and Support
Confirm that the franchisor provides extensive training and continuing support. This may include instruction on running the franchise from the ground up, assistance promoting and selling the business, and a community of other franchisees to consult with for guidance.
Territory and Competition
Evaluate the competition in the area where you plan to set up shop. Ensure a sizable market for your offering before you launch a company to supply it. Consider how competitive the franchisee’s target market is and whether or not the franchisor has a strategy to differentiate itself.
In Conclusion
Your hobbies, financial stability, and market developments will all play a role in determining which franchise is perfect for you. Do your homework and investigate all of your options before making a choice.
Nonetheless, franchises in the food and beverage, fitness, health, and technology industries are some of the most promising for the future. Finding a franchise that is a good fit for your abilities, passions, and resources is crucial, as is putting in the time and effort required to make the business flourish.
FAQs:
1. Which small enterprises generate the most income?
The most popular trends for small and medium-sized businesses are dropshipping and eCommerce.
2. What should I do if I have little money but want to start a franchise?
Certain franchise brandsmore capital
3. Can I make a living off a franchise in Australia?
Yes. The number of franchises available in Australia is three times that of the United States.
4. Which Australian franchise is most profitable?
In Australia, 7-Eleven is the most successful and recommended franchise opportunity. It has favourable terms and conditions, including a large cut of gross revenues.
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