Coffee and Baked Goods: Finding the Right Franchise Blend
When you think about coffee franchises, there are certain names that likely come to mind. But the coffee and baked goods sector is much more than just one or two big brands. In fact, Canada’s coffee market is worth more than $20 billion, according to data from Statista, with coffee drinkers consuming about 2.7 cups per day, on average.
Of course, there’s more that goes into the sector than just classic coffee. Don’t forget a little something sweet to go along with that cup of joe. That’s where baked goods come in. After bread, donuts are Canadians’ most beloved baked goods. In fact, Canada is the number one consumer of donuts in the world, with 43 million being served per month.
Also, with new dietary preferences and food intolerances coming into vogue day by day, the coffee and baked goods sector needs innovative franchisees who are ready to incorporate new methods and flavours. So whether you want to supply quick mid-afternoon pick-me-ups, or an ornately made pump, drip, or swirl is more your flavour, the coffee and baked goods category offers strong franchise opportunities.
Read on to learn why you should consider investing in one of these steaming hot opportunities!