Browse Opportunities in Queensland by Industry
There are many franchise opportunities for sale in Queensland, a region with a rapidly increasing and diverse population sprawled across the inner city, suburbs, and coastal areas.
According to a recent Census, Queensland's population reached 5.4 million by the end of June 2024, rising to 5.6 million by the end of September, indicating a rapid growth in population numbers within just a few months. These individuals fuel the home services and property industries. It's also a mecca for tourism, where millions of international visitors descend on the city, pouring money into the food, beverage, and retail sectors.
With more affordable business premises compared to other states, it makes it the perfect place for franchise expansion. The entrepreneurial spirit of the population and the rise in small businesses indicate an economically strong and well-supported business hub. Queensland benefits from the support of the Franchise Council of Australia events and training.
Given the incredible diversity of people, booming population, and entrepreneurial spirit, there's plenty of business opportunity for franchise start-ups in Queensland.
Why Start a Franchise in Queensland?
Entrepreneurs looking to buy a franchise in Queensland can benefit from a host of business advantages driven by the following aspects.
Strong Economic Growth
The state offers a strong economy, evident in its rapid population growth, increasing numbers in tourism, consumer demand for an array of goods and services and its solid infrastructure. The economy of Queensland is dynamic and diverse, offering the perfect state to launch a franchise. In 2023/2024, Queensland's economic output exceeded $510 billion, which is much higher than the national average.
High Populations
Brisbane, Gold Coast, Sunshine Coast, and Townsville offer strong consumer demand, largely due to rapid population growth and increasing household income. These areas are scenic and sought-after areas to live and visit, which means increased spending in the retail, hospitality, and wellness sectors. Also, Queensland has a port connected to the Asia-Pacific markets, which is great for franchises looking to scale across Australia and ship goods globally.
Business Incentives
The government in the state of Queensland offers funding support, grants, and mentoring to new franchises. All grant programs support manufacturers throughout the state, while the government also provides financial assistance to small and medium enterprises.
Tourism Hot Spot
Queensland is an idyllic tourist destination with rainforests, beaches, and an outdoor lifestyle. The retail, food, and service industries thrive in this state.
Best Franchise Opportunities in Queensland
- Food and beverage: With the influx of people (especially tourists), there's plenty of foot traffic and passersby to support cafés, mobile food trucks, fast-casual dining, juice, and smoothie bars.
- Home and property services: Because of the increase in real estate purchases and the growth of cities and residential areas, there are increased opportunities for cleaning, lawn care, pest control, renovations, and pool servicing franchises.
- Health and wellness: Famed for its outdoor and healthy lifestyle, there's huge scope for fitness studios, physiotherapy, massage, and diet coaching businesses.
- Retail and convenience: With a growing population, there's a need for convenience stores, beauty franchises, and petrol station partners.
- Education and children’s activities: There's a wide choice of tutoring, sports training, and early learning centre sector franchises available.
- Tourism and leisure services: Surfing, snorkelling, hiking, and mountain biking are just a few of the activities on offer in Queensland, which means tour guides, water sports rentals, and adventure experience franchises could thrive in this environment.
Steps to Buying a Franchise in Queensland
- Potential franchise owners should identify the right type of franchise for their location, budget, and lifestyle. For example, setting up a burger stand may not work in an area with a saturated market. Any business owner should ensure the franchise aligns with personal values for success.
- Understanding costs and fees is imperative. Some franchises have a one-time setup fee, but with others, there may be hidden fees such as location permits, setting up shop, and equipment purchase.
- Queensland offers an array of small business grants, which are worth applying for after registering a business. Bank loans and private financing can also provide the necessary setup capital for a franchise.
- Before purchasing, there should be a thorough review of all franchise documentation to ensure legal compliance, as well as Australia's code of conduct for franchises. All businesses need to be registered.
- The final phase involves launching and setting up, which requires staffing, marketing, and a solid growth strategy.
Costs and Investment for Franchising in Queensland
Some of the small-scale trending franchises start at $250,000, which includes places like small cafés. More large-scale businesses like those within the health and wellness industries require setup fees of up to $700,000. There are various grants on offer. There's a 10% national GST rate for businesses that have a turnover of $75,000 or more, along with mandatory public liability, commercial, and workers' compensation insurance.
Find a Franchise for Sale in Queensland Today
Use the online advanced search to browse for a franchise in Queensland. Filter for location, industry, and price to find the right type of business for sale. Ranging from low-cost to part-time and trending industries, there's an array of franchise opportunities to browse.