Canberra Franchise Business for Sale

 

Are you looking to invest in a Canberra business franchise, but you’re not sure it’s worth it?

Investing in a franchise business has numerous benefits. One of which is that you are able to share a company’s brand and success. While in a start-up business, creating a trusted brand takes many years to develop.

Investing in a franchise business provides a high success rate. Franchising is the practice of replicating a proven and trusted brand. Replicating the aforementioned brand means that you create less risk than if you started out with a brand new business venture. A study conducted by USAID showed that more than 90% of franchisees succeeded after 5 years, while only 20% who started a business from scratch succeeded. [1]

This could also be your dream job. You are able to be your own boss, and the time that you spend will contribute towards the success of your business. All of your hard work will pay off – and another great benefit is that you’re able to work from the comfort of your home.

Owning a franchise business is beneficial in that you’re not alone on your journey. The franchisors provide you with all of the support of the franchise business system. Training is also provided, meaning that you will have constant guidance and support.

The population level is one of the most important factors in the effectiveness of a franchise business. A Canberra franchise business for sale is great options as Canberra is the capital city of Australia. In addition, the 2016 census recorded that Canberra had a population of around 395,790. [2] The city’s growth rate is constant, ranging from 0.5% – 2.4%, thus, annually 1,888 to 9,218 people are added to the overall population. [3]

Canberra is like a big accessible playground. It is a city free from traffic pollution and stress, unlike the other larger cities. Canberra has festivals, entertainment, dining and shopping, and cultural, sporting and student events. [4]

The latest census also revealed that Canberra is now the cash capital of Australia. The residents earn up to $300 per week more than other Australians nationally. [5] That’s another great reason to consider in purchasing a Canberra franchise business.  

According to an article from The Australian, Canberrans also pay an average of $24,154 for kitchen renovations, which, according to the report sponsored by bathroom fittings supplier GWA, is $5000 more than the national average. It has also been found that historically, expenditure on bathroom and kitchen renovations is high in the ACT. [6]

Canberra is not just the cash capital, it is fast becoming Australia’s apartment capital, with the number of residents renting continually increasing. Rented homes have increased from 1.2% to 31.8% over 5 years. The proportion of homes owned dropped from 28.4% to 27%. [7]

With people investing in apartments all over Canberra and houses being difficult to find, this is spectacular news for investors. The demand for apartments and houses are both strong. The high demand combined with scarcity means that house prices are on the uprise – the scarcer an item is, the more demand is placed upon it, the more expensive and valuable it becomes. This is fantastic news for property investors, since property has a rising demand due to the common need between all humans for shelter.

Canberra’s advantageous location, population, income, property investment and renovation market combined with the benefits of franchising makes Canberra franchise businesses a wise choice for investment. At this point, you’re probably interested in looking for a Canberra franchise business for sale. You don’t have to look far, since Dream Doors is offering Canberra franchise business opportunities to you right now.

If you would like to know more about Dream Doors Kitchen’s franchise opportunities, don’t hesitate to give us a call or fill in the enquiry form.

So if you’re looking for a Canberra franchise business for sale, then this may be perfect for you. An opportunity in the kitchen renovation industry which has been proven as shown in our case studies and testimonials.

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