Food is the basic necessity of the life and now has also become a luxury in many cases. People around the world love to eat delicious food, due to which there is a huge demand for food business ideas with low investment. It is very rare to find a food business failing to succeed if is operated in a proper way.
1. Catering Services
Catering service is a popular business in the food industry. For every small and big gathering and get together people are always looking for catering services. Apart from that, you will get business through event planners also.
With moderate investment and proper planning, any individual can initiate a catering service of his own. Moreover, catering services are rising at a rapid rate to cater the need of customers and it is ideally a great food business ideas which can be started with low investment and can give you a high return.
2. Coffee Shop
Over the past decade, the coffee shop business is increasing rapidly. An entrepreneur who is passionate and talented about coffee can initiate coffee shop business with substantial capital investment. Although, the coffee shop is actually treated as a place outside of work and home to relax. Coffee shop business is one of the best ways to turn into a profit making business.
Furthermore, a classic successful coffee shop chain is Cafe Coffee Day which has a significant presence throughout the globe and now the rising coffee house which is much more renowned as Starbucks is expanding its outlet network in India. India with its high population and never-ending demand gives a very good opportunity to start a food business with a coffee shop chain.
A bakery business can be initiated in two ways. You can establish a bakery with a retail location and sell fresh baked items from your store or you can establish a large scale bakery unit and sell product through the retailers. The bakery is one of the proven and most profitable food business ideas that can be initiated with proper planning.
However, some famous bakery which has quickly grown itself from scratch are Cookie Jar, Krazy For Chocolates, French Loaf, etc. They have immensely grown themselves with little investment and a great food business idea to work on.
4. Buffet Restaurant
Buffet only restaurant is one of the most trending food business ideas. People always love to have the food according to their own choices by selecting from many options. Right location and proper marketing strategy are important in starting a buffet restaurant. As well as one price, all-you-can-eat buffet-style restaurants have become extremely popular with the budget-minded dining crowd.
Unlike a typical restaurant, a buffet restaurant has one major benefit for the operator–shorter work hours. Typically, buffet restaurants cater to lunch and supper diners and do not open until 11 a.m. and are closed by 9 p.m. Based on volume, a buffet restaurant can be very profitable, as often the operating overheads are much lower than similarly-sized restaurants, simply due to the fact that fewer employees are required to run the business. Additionally, wholesale food items can also be purchased for lower cost based on volume buying, which adds to beefed-up profits.
Also read: How to market a restaurant
5. Cooking Classes
If you love to cook and enjoy crafting new tasty food recipes then you should consider starting a cooking classes business. This can be initiated as a home-based business with small capital. You can have business tie-ups with the retail store that sell fresh fruits. Many people wish they had skills in the kitchen and are willing to pay to learn. Like other culinary jobs, a cooking instructor can focus on a specific area, such as baking or grilling, or be a generalist.
You can lead cooking instruction in your home, or have someone videotape you and you can sell the videos as part of a home-learning course. Another option is to create your own cooking show posted on YouTube, which can pay you advertising income. Therefore, one opportunity in segment gives you a by-opportunity to generate more and more money by little effort.
6. Food Truck
The mobile food truck business is different from the normal restaurant in two major ways. One is you are moving and you don’t have a permanent location. Second is you are going to the customers. A person having minimum experience in the food service industry can initiate this business in the city area. From food truck, you can sell frozen and packaged items like ice cream, soft drinks, sweets, and snacks or you can go for cooked items with a specific menu including for breakfast, Tiffin, lunch.
There are two types of food trucks: the mobile food preparation vehicle (MFPV), where food is prepared as customers wait, and the industrial catering vehicle (ICV), which sells only prepackaged foods. An MFPV costs more than an ICV, and both cost more than a food cart. A used hot dog cart may cost under Rs. 50,000, while a retro-fitted used food truck typically costs Rs. 80,000 or more. A new MFPV could cost upwards of Rs. 120,000. Complying with additional health department rules and regulations can also drive up food truck costs.
7. Juice Bar
The juice bar is one of the most popular food business ideas from the early days. You can also keep cool drinks including fresh fruit juices. Fresh juice bar can be initiated with low startup capital. Location plays an important role in getting success. A juice bar that serves customers fresh-squeezed fruit juice drinks and smoothies is a fantastic new business enterprise to put into action, as more and more people are striving to lead healthier lifestyles.
Ideal locations to establish a juice bar include busy tourist attractions and beach areas, mall food courts, fitness clubs, and public markets. To boost sales and profits, additional items such as sandwiches, salads, and healthy snacks can also be added to the menu. The profit potential for a juice bar will vary based on factors such as operating overhead and total sales. However, an established and well-run juice bar can easily generate profits in excess of Rs. 50,000, and the profits can go much higher by adding additional menu items and delivery services.
8. Pizza Delivery
The main focus area of the pizza delivery business is choosing a right delivery boy and preparing the menu. A lot of the people will likely to have meals at their doorsteps due to their busy work schedule. Pizza is now well known, favorite, tasty dish all over the world. Although, starting a pizza delivery business can be profit making. There are two ways to start a pizza delivery business. You can either learn how to make your own pizza (which you would deliver to your customers on order) or partner with a notable pizza shop and simply buy from them to deliver whenever there is an order.
9. Sea Food Selling
Initiating a specialty seafood selling business is a wonderful and profitable business one can start from their home. You will need to source the products as a wholesale purchase and store them in a freezer. Through a delivery vehicle, you can make the delivery at customers door step. Proper product promotion plan is required in this business.
10. Tea Bag Making
Tea bag making business requires only two major raw material components tea and paper bags. A tea bag is a small sealed bag containing tea leaves and it is used with a hot cup of water to prepare the drink called tea. An aspiring entrepreneur having good knowledge about tea leaves can start the tea bag making business with moderate capital investment. However, the tea bag has a high sale as leading coffee shops, airlines, hotels, trains, etc, provide tea bags to their customer. Furthermore, you can start with a premium tea bag and set up high-quality tea with different natural flavors to cater to the need for tea lovers.
Being an enthusiast for food, these food business ideas with low investment will be great for you, so try them when in need. Also, do let us in the comment if you already have any Food Business which are running successfully.