Eating healthy food does not mean you have to be strict with your diet. Healthy eating means choosing nutrient-dense food from all the food groups, including protein, whole grains, fruits, and green vegetables. A healthy diet is essential for your body to grow and fulfill the nutritional requirements. It also protects you from many chronic non-communicable diseases like heart disease, diabetes, and cancer.
Since the COVID-19 pandemic broke out, people have understood the concept of healthy eating. As a result, growth is seen in restaurants with healthier options. Consumption of organic food is on the rise, reflecting our willingness to spend a little extra on our health.
In 2020, the health food industry made an all-time high record of approximately $283 billion. The rise in organic food sales in the US is estimated to reach a market of roughly 165.52 billion US dollars by 2027. Restaurants like Sweetgreen and the Organic Coup are some top names that are serving healthy food. Therefore, a health food chain or any business related to healthy and organic food can be profitable. Starting a smoothie shop franchise can be a brilliant idea to step into the health food industry.
How much money do you need to start?
Starting a health food restaurant is much similar to other restaurants. The point is, it will have much healthier options and promote the idea of clean eating. The level of marketing you can do for such a restaurant is amazing as the concept is trending on all social media channels. You can begin by making a rough draft of furnishing costs and estimated profit along with staff salaries.
Average expenditure may vary as per your standards. Depending on size, location, and range of choices, you can let loose with lavish settings or go for a humbler ambiance. It also depends on whether you want to take place on lease or want to buy an area. If you plan to lease, the average cost is approximately $275,000, and the average price jumps to $425,000. This includes the cost of purchasing kitchen equipment, decoration of the restaurant, etc.
Apart from a restaurant business, you can also opt to start an organic store to turn your habit into a business. The minimum cost may come to around $9,329, and it can go up to a maximum cost of $76,747. Thus, the average price comes to $43,113. The sale of organic food grew 13% to $186 billion in 2020, so opening a store is a profitable business.
Stepping toward owning a farm and starting growing organic fruits and vegetables can also be a fruitful decision. The price ranges from $3,091 to $41,723, and the average is around $22,482. If owning a farm is expensive, you can go for organic terrace gardening at the initial stage.
If you have a juice bar in mind, you need a prime location, business plan, juicing equipment. The starting cost may range from $20,000 to $400,000, and average revenue is expected to range between $100,000 to $600,000
How do you save up?
Saving up is necessary to build a successful business. You have to make plans for how you can save and at the same time fulfill all the needs. These are some ways through which you can save up on multiple costs:
- Use solar panels to generate your own electricity. You’ll save a lot on electricity.
- Purchasing second-hand furniture works well when you’re just starting out. It doesn’t have to look cheap. If you put in extra effort to find the good stuff, it’ll pay off in the long run.
- You can cut down food waste by making provisions for your customers to take away the remaining food. Using remaining food and kitchen waste in making compost. You can sell compost or use it to grow your own vegetables.
How impactful is a health food business?
Healthy business concepts have numerous benefits, and their impact is seen everywhere. It has broad marketing opportunities, boosts the local economy, and a positive consumer experience. Nowadays, health, in general, is trending, such as clean eating, gluten-free, low carbohydrate, less sugar, and other trends that make it easier to run a healthy restaurant. People are getting more aware and are being drawn towards healthy eating. They are ready to pay more for healthy food. There will be an enormous impact on organic growers and suppliers. This will also lead to economic growth.
In the US, as the data shows that the health food industry offers several opportunities, opening a health food business will be impactful for you and the public. It will also help reduce health risks like obesity or heart disease. Therefore, moving towards a healthy life and making a career in it is commendable.
