Connect with us

Business

Benefits Of Franchising- Energy Drinks

Everyone has seen the ads plastered on billboards, buses and in convenience stores. They are filled with images of muscle-bound men and attractive women holding cylindrical cans of America’s new favorite beverage: energy drinks. Indeed, these caffeine-spiked drinks are beginning to outsell many sodas, and some statistics put the number of overall energy drink imbibers at around 100 million per year. Yes, it’s a booming industry, one that potential franchisers should certainly consider.

Those looking to franchise are usually doing so in order to mitigate the risks that come with opening a business alone. Therefore, it makes sense to look at franchise categories that are not only growing fast, but have the potential for future growth as well. To this end, energy drinks sales grew 55% per year since 2000, according to Sundale Research. This has led to a growth of 605 million gallons of the drink in 2013.

Benefits Of Franchising- Energy Drinks

There are some other reasons energy drinks are shaping up to be a prime investment opportunity – here are just a few of them.

Low Startup Costs

There are people out there who invest hundreds of thousands of dollars in a single franchise. While many of these are certainly wise investments, energy drink franchises are equally wise and can be had at a fraction of the cost (usually $40,000 or less). This is because energy drinks are often sold via vending machine or kiosk, therefore there are no fixed-site expenses or training fees. On top of that, most energy drink companies already have established territories with full lists of retailers in the franchisee’s general area.

Assistance every Step of the Way

Many companies provide account liaison officers to help new investors get their franchises up on their feet. This also comes included with a wide array of POS (point-of-sale) materials the franchisee can use to gauge the lay of his or her land. It’s through this assistance that investors can feel confident hitting the ground running.

Easy Automation

Those who decide to invest in an energy drink franchise often don’t have to worry about shipping/receiving logistics. That’s because most providers have in-depth maintenance control programs that allow for fully automated shipping and restocking; the franchisee hardly has to lift a finger in this respect.

High Profit Margins

High profits are the standard in this category due to a number of factors. Many energy drinks have high visibility and brand awareness due to their in-house media and public relations programs. These entities promote the product on a number of popular platforms, from television to sporting events. Many companies also have the resources to implement promotions programs as well as divert hundreds of thousands of marketing dollars back into the franchisee’s territory.

In the end, it’s the low overhead, low royalties and low initial startup fees that should prove attractive to anyone looking to invest in a franchise. Those who are interested in making the investment leap into the world of energy drinks can find more information on franchises here.

Isaac Morris is a professional blogger that provides tips and information on franchise opportunities and investments. He writes for FranchiseExpo.com, the place to find the best franchise opportunities available.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

Home Improvement22 hours ago

Maximum Power: Update Your Old House for Modern Electrical Needs

An outdated electrical system can wreak havoc on your energy bills and greatly increase your risk of structural damage. If...

Key Techniques To Learn On A First Aid Course Key Techniques To Learn On A First Aid Course
Health1 week ago

Key Techniques To Learn On A First Aid Course

Introduction First aid training is an incredible qualification that can enable one to offer life saving assistance in an emergency....

Best Tips For Managing Your Building and Construction Projects Best Tips For Managing Your Building and Construction Projects
General2 weeks ago

Best Tips For Managing Your Building and Construction Projects

Building and construction projects consist of many tasks, from job-site duties to office paperwork. Juggling it all can oftentimes be...

How To Choose The Best Locksmith For The Job How To Choose The Best Locksmith For The Job
Home Improvement2 weeks ago

How To Choose The Best Locksmith For The Job

The existence of a locksmith is very crucial for society because they help out countless people on a daily basis....

5 Modern Conservatory Ideas To Create A Serene Escape 5 Modern Conservatory Ideas To Create A Serene Escape
General4 weeks ago

5 Modern Conservatory Ideas To Create A Serene Escape

Having a serene and relaxing conservatory is the dream, especially in the summer months. Creating an extension of your home...

4 Different Types Of Lifting Equipment For A Construction Site 4 Different Types Of Lifting Equipment For A Construction Site
Business4 weeks ago

4 Different Types Of Lifting Equipment For A Construction Site

One of the biggest challenges on a construction site is the problem of lifting heavy materials and tools to a...

5 Tips That Can Help Your Business Flourish 5 Tips That Can Help Your Business Flourish
Business4 weeks ago

5 Tips That Can Help Your Business Flourish

Many, both small and big, businesses were affected by the outbreak of the novel coronavirus, no one was spared. Overnight,...

Why First Aid Training Is Essential For Your Business Why First Aid Training Is Essential For Your Business
Education4 weeks ago

Why First Aid Training Is Essential For Your Business

Introduction All employers, depending on the establishment, should organize and provide basic appropriate conditions for lunch breaks as well as...

Are You Covered? Tips For Finding Affordable Health Insurance For Your Whole Family Are You Covered? Tips For Finding Affordable Health Insurance For Your Whole Family
Lifestyle1 month ago

Are You Covered? Tips For Finding Affordable Health Insurance For Your Whole Family

If you are in the market for health insurance, you may be overwhelmed by the many different features and the...

How to Prevent Potential Hazards In A Lab How to Prevent Potential Hazards In A Lab
General1 month ago

How to Prevent Potential Hazards In A Lab

Unfortunately, lab accidents can happen. When they do, the consequences can be very serious. Some of the most common lab...

How to Extend Your UK Spouse Visa How to Extend Your UK Spouse Visa
Travel2 months ago

How to Extend Your UK Spouse Visa

The UK spouse visa is also known as a UK marriage visa. The UK spouse visa allows married partners of...

How Best Is Automation Helping The Retail Industry to Survive? How Best Is Automation Helping The Retail Industry to Survive?
Business2 months ago

How Best Is Automation Helping The Retail Industry to Survive?

“In the post Covid-19 world, the only place cos are willing to invest is in automation. The return on investment...

Best Artificial Intelligence Trends to Watch Out In 2021 Best Artificial Intelligence Trends to Watch Out In 2021
Tech2 months ago

Best Artificial Intelligence Trends to Watch Out In 2021

Technologies are getting advanced day by day, and according to that, the developers and the mobile app development companies should...

Keeping Your Assets Safe — Crypto Insurance May Soon Become The Norm Keeping Your Assets Safe — Crypto Insurance May Soon Become The Norm
Markets & Finance2 months ago

Keeping Your Assets Safe — Crypto Insurance May Soon Become The Norm

Many people all over the world have compared the cryptocurrency market to the wild West, largely because of the fact...

Which VPN Is Best For The Windows 10? Which VPN Is Best For The Windows 10?
Tech2 months ago

Which VPN Is Best For The Windows 10?

VPN is necessary whether you are doing personal or professional activities. Fully secure VPN for the Windows 10 are hard...

Categories

Archives

Trending