Are you looking to own your own burger business? Check out our list of the top 6 benefits of running a burger restaurant and why it might be the perfect fit for you.
Burgers have long been a staple food in the Western world, and their popularity is only growing. Just this year, France, the nation renowned for its’ culinary pride, declared the humble burger its most popular dish. Today the burger industry is being considered by an ever growing number of budding entrepreneurs. Could you be the next success story? Here are 6 of the most convincing benefits to give you food for thought.
As our palates become ever more adventurous, the restaurant industry is enjoying an explosion in demand for rare and exotic culinary delights. Despite this, the traditional burger is yet to be defeated with more and more burger restaurants opening (and staying open) every day. The nation’s favorite is proving that it is not only keeping up with the times, but is also timeless. Furthermore, eating out as oppose to slaving over a stove is a steadily increasing trend as our everyday lives become more and more hectic. So the need for more eateries shows no sign of slowing down.
Burgers were once considered the safe (some would say boring) option. This is no longer true as more and more burger restaurants are setting a new standard, moving away from this misconception into the realm of the exciting and unknown. With vegan burgers, gourmet burgers, bun-less burgers, exotic meat burgers (Kangaroo anyone?), and good old traditional hamburgers, there are an endless number of directions a burger business can take you. So whatever your aspirations, there’s bound to be a market for you. Be as creative as you like.
3. Low Risk
In comparison to other entrepreneurial endeavors the risks involved in opening a burger restaurant are relatively low. Although there is competition, there is also growing demand as people increasingly ditch home cooking in favor of restaurant dining. Coupled with the knowledge that everyone loves a good burger, the right location and a quality product can prove to be a winning recipe. Risks are lowered further by the opportunity to franchise. The statistics for the success of franchise restaurants is significantly more promising than that of most start-up businesses.
4. You Don’t Need to Be an Expert.
Take a look at Jerry Murrell, the founder of Five Guys Burgers and Fries. He studied economics and worked in stocks before setting up his globally successful franchise with the help of his sons. So if you don’t have mountains of experience in fast food don’t fret. With good business sense and the right research, you can still go ahead and run your own profitable burger restaurant. He did just fine, and so can you.
5. Good Money Maker.
Burgers have been a hot choice in the world of catering since the dawn of time (or thereabouts), due to their solid profit margin and steadfast place on the best seller list. While they may not generate the highest amount of earnings per dish, their popularity and ease to produce ensure that, over time, they make up for it by generating a reliable stream of cash. As they are a relatively effortless and quick product to make great, you will be able to meet a high demand during busy periods and avoid turning potential customers away disappointed.
6. Opportunity to Join a Franchise
While opening an independent burger joint is always an option, the burger industry has limitless opportunities to join a franchise for the slightly more risk averse among us. Doing so has a wide range of advantages. For one, you will be provided with a tried and tested formula for success. For another, you will be offered valuable support in finding your feet. Not only this, but the customer base is already there for the taking. This makes it the perfect opportunity to get involved in the industry if you have limited experience.
As the planet’s appetite for burgers continues to grow, now is the time to get a bite of the action while it’s hot. Whether you’re looking for your first taste of success, to expand your existing business empire, or simply reinvent yourself as the new burger king (or queen), opening a burger restaurant can prove to be a highly rewarding enterprise.
Don’t let the opportunity pass you by.