Here are 10 Food Business Opportunities Suitable for Millennials
In today's era, there are a lot of people interested in becoming entrepreneurs, especially millennials. They aim for financial freedom, which motivates them to start their own businesses. One of the most popular businesses is in the culinary industry. Many millennials aspire to start food businesses but often hesitate due to significant capital requirements.
Indeed, there are food businesses with initial investments amounting to billions of rupiah, but there are also numerous food business ideas with relatively small capital but significant profits.
Curious about food business recommendations for millennials? Read this article to the end!
10 Recommendations for Food Business Opportunities for Millennials
Here are 10 recommendations for food business opportunities that can inspire you to start your millennial business.
1. Smashed Fried Chicken ("Ayam Geprek")
Source: Freepik.com
One example of a small but profitable venture is smashed fried chicken ("ayam geprek")! This food has become a favorite in Indonesia. Crispy fried chicken, combined with the distinctive smashed chili paste, makes it an exciting franchise option to try!
For example, among the many smashed fried chicken franchises in Indonesia, Geprek Bensu is one that has established itself widely. In this smashed fried chicken business, there are usually two systems used: profit-sharing and pure franchising.
If you want to run a smashed fried chicken franchise, you can choose a middle-class business name for a relatively small capital. The investment required to start this business by renting a space can reach Rp 22,000,000.
2. Seblak
Source: Fimela
Seblak, a specialty from West Java made from tapioca, is typically topped with various spicy ingredients of varying levels of spiciness. Initially, seblak was only available in West Java, but now it can be found in various cities across Indonesia.
To start a seblak business, the capital needed isn't too large, around Rp 2,000,000 to Rp 4,000,000. Locations near campuses or offices are perfect for establishing this seblak franchise!
3. Kebab
Source: Freepik
Kebab outlets are often found on street corners, in malls, or in front of supermarkets. It's not just Indonesian food that's popular; kebabs, a Middle Eastern delicacy, are also loved by many and can be turned into a franchise business. These bread wraps filled with meat and vegetables can be found in many places in Indonesia.
An example of a kebab franchise in Indonesia is Kebab Baba Rafi. Starting from Rp 3,000,000, entrepreneurs can run a kebab franchise business. You can also choose other types of kebab franchise businesses that suit your capital.
4. Spicy Tofu
Source: Kompas.com
This particular variation of tofu has caused a stir among the Indonesian population; it's not just savory, but the filling of this tofu is what makes it beloved by many, yes, spicy tofu.
This business opportunity is excellent because the majority of Indonesians love spicy flavors. Additionally, starting this business doesn't require a significant amount of capital; you only need to prepare tofu batter and chili. Moreover, you can also create various sales variations with small container setups. If calculated, you'll need approximately Rp 2,000,000 in capital.
5. Crepes and Waffles
Source: Freepik.com
Favorite snacks for both children and adults, such as crepes and waffles, can be an idea for your franchise business! Usually, franchise businesses like this are found in malls. Because these foods are very popular in Indonesia, it's no wonder many brands have successfully turned them into franchise businesses.
Perhaps with a well-established business name, you'll need a large amount of capital, not to mention that locations like shopping centers will increase your operational costs. This type of business might be challenging to develop in residential areas, but it's worth trying this food business opportunity.
6. Ice Cream
Source: Kompas.com
Surely you've often seen freezer boxes of various ice cream brands in stores or shopping centers. The ice cream business is a perfect opportunity for millennial food businesses because many people love ice cream. Ice cream can quench thirst during hot weather and can also be a light snack during leisure time.
You can look for several well-known brands that sell franchises to potentially become your business. To open an ice cream business, the capital needed is around Rp 8,000,000.
7. Healthy Food
Source: Love and Lemons
It's time for millennials to become pioneers in healthy living action, one of which is by selling healthy foods. Currently, the trend of healthy living is widely embraced by both young people and the elderly. This makes the healthy food business have great potential and opportunities for development.
8. Toast
Source: Allrecipes
Who doesn't know the type of food like toast with various fillings? This food attracts a lot of attention because of its unique filling variations and interesting flavors.
From mayonnaise to mentaiko sauce, they can be additional options for toast. This business is very exciting for you to try, as long as the packaging is also attractive. Don't forget to add unique menu items to make people curious! The capital to start this business can be around Rp 7,000,000.
9. Macaroni
Source: Astro
Macaroni is a suitable food business opportunity for millennial generations. There are many variations of macaroni that are currently popular and liked by many people, ranging from spicy macaroni to macaroni mixed with chili powder, making it even spicier! Although spicy, Indonesians really enjoy spicy foods, such as rendang, spicy noodles, etc. In addition to spicy macaroni, there are also other exciting variations, such as macaroni casserole.
This is an Indonesian-style macaroni dish made from pasta, cheese, milk, butter, meat (usually smoked beef or chicken), sausage, tuna, eggs, onions, spices, and sometimes potatoes. The capital to start this business can be around Rp 3,500,000.
10. Pecel Lele
Source: Freepik.com
This food business opportunity may seem simple, but don't be mistaken, opening a pecel lele business can amaze you because the turnover is quite good! The pecel lele business opportunity may still be overlooked by young people and millennials, but if millennials try this food business opportunity, it will provide a modern touch or innovation.
Variations of pecel lele that millennials might consider include salted egg pecel lele, rendang-flavored pecel lele, and many more. The capital to start this business can be around Rp 10,000,000.
So, those are 10 food business ideas suitable for millennials to try. From the descriptions above, hopefully, they can be an inspiration for starting your own business. If you are ready to start a business, make sure you have technology that can help you in your culinary business.
This way, you can focus on building your business without worrying about operations. You can use ESB as a cashier application. With ESB, you can easily record all business transactions, and you can also easily obtain periodic sales report analysis. For more information, please visit the ESB website.