
The cafe market has grown significantly in the last decade and could still double over the next 15 years. A cafe 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 cafe culture.
Coffee shops offer a cozy and relaxed atmosphere that can serve as community hubs, making them ideal for entrepreneurs who like to bring people together. They can be strong investments due to their potential for high profit margins on specialty drinks and pastries, and can generate loyal, repeat customers by fostering a sense of community.
Owning a pub can be a fun as well as lucrative route to entrepreneurship. You’ll need to manage drinks, coordinate bar and kitchen staff and deal with inebriated customers – and all during evenings and weekends. But for many people, however, these challenges are all part of the fun – along with working in an environment characterised by merriment.
Petrol 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?