You’ve made the decision to enter the exciting and rewarding world of franchising. Now it’s time to determine what industry to invest in and the options are seemingly endless.
Entrepreneurs know they need to offer an in-demand product in a booming industry. They need to partner with a franchise that provides outstanding support for every stage of their business and has a proven model for success. For those who want to go beyond those basic principles, acai bowl and smoothie franchise owners get the satisfaction of selling a product that makes a positive and lasting impact on customer’s lives.
The perks of being an acai bowl and smoothie franchisee are infinite. Quality ingredients that make customers feel their best will keep them coming back for more. It’s a unique business opportunity that’s not only good for mind and body but also great for your bottom line.
You Are Joining an Emerging Industry
Entrepreneurs looking for emerging industries to invest in can easily see the potential of the acai berry and smoothie markets, which are each experiencing continued growth.
According to a review of GrubHub’s most recent “Year in Food” report, acai bowls experienced a 353 percent rise in popularity in 2020 compared to the previous year. Demand for acai bowls is driven by millennials and is only expected to grow. According to MarketWatch, the global acai berry market is anticipated to grow at a “healthy growth rate” of more than 12.71 percent during the forecast period from 2018 to 2025.
Meanwhile, the global smoothie market is expected to reach $34.2 billion by 2027, growing at a compound annual growth rate of 7.5 percent, according to a recent report. In the United Sates, the number of smoothie bar businesses has grown 3.9 percent per year on average over the past five years according to ibisworld.com.
Americans are Craving Healthy Options
The emerging acai bowl and smoothie restaurant industry is driven by consumer desire for healthy alternatives to fast food.
As an acai bowl and smoothie franchisee, you will benefit from the increasing demand for natural food and beverage products, and consumer willingness to pay more for better-quality ingredients. A recent survey found 70 percent of millennials are willing to pay more for high-quality foods, and most millennial consumers say they try to incorporate plant-based and unprocessed foods into their diet.
The retail sales growth of “natural” food and beverage options is much higher than growth of the overall food and beverage market, according to foodindustryexecutive.com. The total food and beverage retail market is growing 1.7 percent year over year, compared to 5 percent year over year growth for natural food and beverage products. A recent report from Gray found healthy eating is on the rise, with consumers gravitating toward “clean” and “sustainable” foods that are helping to drive a 14.8 percent compound annual growth rate in organic food sales.
You’ll Feel Good About the Products You Sell
Unlike fast food chains selling greasy breakfasts, gut-busting burgers and over-processed foods, acai bowl and smoothie franchisees can feel confident their foods contribute to the overall health benefits of their customers.
At SoBol, we only offer heart-healthy, all-natural and fresh options on our menu. There’s no ice, powder, or syrup in our smoothies. No junk food, just fresh ingredients. Our fruit is delivered seven days a week and comes from local farms. Our “secret sauce” homemade granola can’t be purchased anywhere else and contains all-natural ingredients.
Founded in 2014, SoBol is a café that specializes in acai bowls, green bowls, fruit smoothies and beyond. We believe that eating healthier alternatives should never be a chore. That’s why we pride ourselves in blending our acai fresh each day, producing our own homemade granola, and topping our product with only the freshest of fruits. All of our products are real foods for people looking for delicious, quick and affordable meals.
For more information about owning a SoBol, visit https://ownasobol.com/.