Friday 5th of April 2024
New Zealand is one of the most prolific economies globally that relies on international trade, la
...rge scale manufacturing, IT services and exports....
New Zealand is one of the most prolific economies globally that relies on international trade, large scale manufacturing, IT services and exports. Before the pandemic, tourism was the highest performing sector in the country. However, with the travel restrictions coming into the picture, economic activity plummeted, leading to lower growth than expected in 2021. To help the economy recover, the government has decided to lift the travel ban in a phased manner, which is good news for entrepreneurs, investors, and the workforce.
Experts predict that the economy will grow by 4.5% in 2022, and it has revived the confidence of business owners and those planning to purchase a business for sale in New Zealand. With the world moving past the pandemic, the future is bright for aspiring entrepreneurs waiting to make their mark in the industry. So, here is a list of lucrative yet low-cost businesses opportunities that can be started here in 2022.
The franchise industry in New Zealand is worth $27 billion and contributes close to 11% to the GDP. It is one of the most lucrative business opportunities as it allows the entrepreneurs to acquire a recognised brand name and get trained in daily operations to avoid any challenges. The franchisee only needs to replicate the success formula and grow the unit while working in tandem with the franchisor.
The industry covers several business types, ranging from cafes and restaurants to retail and accommodation. Many homegrown brands have expanded into franchises systems and are looking for new buyers. If you are interested in buying a low-cost franchise, look at the link below.
https://www.business2sell.co.nz/businesses/franchise
Childcare centres had to face a setback because of the pandemic, but the industry is back in action as the workforce is coming back to the office. The industry is predicted to grow in the next five years. With the population of pre-schoolers growing and investment from private investors and government rising, the industry is moving ahead at a fast pace.
Many affordable childcare centres can be leased close to schools and in regions where young families reside to boost profits and gain from this profitable venture. So, here are the latest opportunities to make your pick.
https://www.business2sell.co.nz/businesses/child-care-center
The construction industry is one of the thriving sectors in the country and was worth $16.6 billion at the end of March 2020. From residential and non-residential to infrastructure-based construction, there are myriad projects underway in the country that have been generating employment and contributing to the GDP.
The high-growth sector has many opportunities for enterprising individuals who wish to become a part of the industry. Whether you wish to own a painting, plumbing or contracting business, you can generate excellent profits with a low investment. Here are the opportunities that will get you going.
https://www.business2sell.co.nz/businesses/building-and-construction
Besides tourism, manufacturing has been a stronghold of New Zealand. From manufacturing food and beverages to metal products and equipment, there are a variety of items produced in the country that are exported and locally consumed.
Aspiring entrepreneurs can enter the segment with a small business that requires low investment and scale it up through exports to create a success story. Here is a link that will take you to the latest business opportunities in the sector.
https://www.business2sell.co.nz/businesses/manufacturing-and-industrial
The demand for automotive has always been high among Kiwis, and this is the reason why several automotive manufacturing businesses are established in the region. The country has the highest car ownership ratios, which makes it the most flourishing place to own an automotive business. If you are interested in automobiles and want to make a career in them, look at the available opportunities on the link given below.
https://www.business2sell.co.nz/businesses/automotive
Imports help countries to maintain the supply of high-demand goods. Thus, imports are an integral part of the commercial domain. New Zealand imports myriad goods from international destinations, including vehicles, equipment, machines, accessories, etc. The industry took a year-on-year leap of 23% in December 2021, making it one of the sought-after sectors. If you wish to invest in this sector, click on the link given below to know about the opportunities that need an affordable investment.
https://www.business2sell.co.nz/businesses/import
Electrical services had been affected by the pandemic. However, the industry has recently become one of the high demand services because of the burgeoning construction sector. Several new projects (residential and non-residential) have been in progress across the country, which has given a push to the need for electrical services.
Besides new construction, electrical services are also needed in old construction and households. The industry will grow with the economy in the future and those who wish to start a business in this segment can look for opportunities on the link given below.
https://www.business2sell.co.nz/businesses/electrical
The service industry has been growing from strength to strength and continued its winning streak despite the pandemic. The Performance of Services Index reached 49.7 in December 2021, which showcases its excellent performance.
There are myriad businesses operating in the sector ranging from consultancy firms to IT services and home improvement services. If you are interested in starting a business in this sector with minimal investment, look at the opportunities mentioned on the link below.
https://www.business2sell.co.nz/businesses/service
The restaurant industry was the worst hit because of the COVID-19 restrictions. Many businesses had to close, and several became unemployed. However, the industry remained profitable, and the revenue increased from 2016-2021 to $5.6 billion. The billion-dollar industry is expected to make a comeback as the household income has improved in the country, and Kiwis are more than willing to dine out and splurge on fine-dining experiences than eating at home.
It is one of the best times to invest in a low-cost restaurant and leverage the growth of the industry as the restrictions are lifted, and people flock to dining places. To find the best available opportunities, click on the link below.
https://www.business2sell.co.nz/businesses/restaurant
Mobile businesses incur the lowest investment because they do not need a physical setup. The owner can drive around in a minivan or trailer and service clients on the move. The industry has allowed many budding entrepreneurs to start their own ventures without worrying about funds. Also, it helps them to service a wider area without being restricted in one region. It can be scaled up by starting a franchise network and enhancing the profits and the reach of the business.
Several types of services can be provided through a mobile business, such as commercial cleaning, food and beverages, electrical, plumbing, home improvement, car detailing, car wash, etc. If you want to own an established mobile business, look at the link given below.
https://www.business2sell.co.nz/businesses/mobile-service
Conclusion
Whether you plan to acquire a business for sale in New Zealand or start your own thing, you must step into the industries listed above to foray into a lucrative yet low-cost business.
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