Selling Australia’s favourite hot beverage – now surpassing even tea – the coffee shop market has grown sevenfold since 1999 and could double over the next decade. A coffee shop is best owned by a perfectionist. Distilling the ingredients, staff and ambience into a mix that is ‘just so’ is the defining goal of independent café culture.
Growing demand for craft beers and a widening array of other alcoholic beverages has made stocking decisions a more interesting challenge for bottle shops. Specialisation and knowledgeable customer service can give a competitive advantage in this era of bewildering choice. Hours are shorter for bottle shop owners than for some retailers – but working evenings is, obviously, a must.
A motel, essentially a hotel without internal corridors, is designed with a motorist in mind. Location is still key, as with a hotel, but a motel owner chooses a location based on very different criteria. A tolerance of long hours, working weekends and out-of-season personal holidays; a strong worth ethic; and an eagerness to please are essential to the makeup of a successful motelier
Hotels are the workhorses of the tourism industry. A tolerance of long hours, working weekends and out-of-season personal holidays; a strong worth ethic; and an eagerness to please are essential to the makeup of a successful hotelier. Meet these demanding criteria and you can enjoy a business where every day is different and the rewards lie in making people happy.
An online business is a great way to have a store that operates 24 hours a day, with you choosing your own hours. Many can be operated by a single person, and with some distributors offering dropshipping, you’re able to focus on the running and marketing of the website, rather than managing stock levels.
The best bed and breakfasts are run by sociable owners with a ‘nothing is a problem’ attitude. B&Bs are hard work, but incredibly rewarding. Now accounting for a fifth of the UK’s total serviced accommodation sector, B&Bs can offer a cosiness and warm, personalised service that hotels simply cannot match.
A laundry won’t make you a millionaire – unless you buy multiple units – but income is reliable and the business model simple: maintain your machines regularly and, with no industry experience, you can run a successful laundromat with a single staff member on hand. And few appliances break down like washing machines – which is your cue to rescue someone’s day.
Gas stations can be highly profitable in the right hands. If you can master the basics of retail then this is a recession-proof business with consistent passing trade. Petrol is not an optional good for motorists, after all, and have you ever known the traffic on our roads to do anything but grow?