Blog about entrepreneurship in South Africa | Jeff

» I have a premises, what type of business should I open?

Written by Jeff | Mar 17, 2021 10:58:35 AM

I have a premises, what type of business should I open? If you own a commercial premises and want to set up your own business you may well be asking yourself this question.  You've come to the right place. Here are some successful business ideas which will help you save a large amount of money you if already have a premises. 

One of the main requirements to start a physical business is a premises.  The size of the premises will depend on the type of business which already helps you save yourself a good sum of money to start your own venture.

Here are several businesses you could start if you would like to be your own boss and already have a premises

Businesses you can open in if you already have a commercial premises

1. Premises for the franchise business

Franchises are one of the best investment options today. This is because they are successful and profitable businesses tested by other entrepreneurs. 

There are four different types of Jeff franchises, each with different premises specifications.

We will now explain which Jeff business would work best for you depending on the size of your premises. 

1.1 Premises suitable for a Mr Jeff Laundry Business 

The laundry business has seen continuous growth in recent years. This is due, in part, to the high recurrency rate of this type of service.  Users tend to go to a laundry Store once or twice a week, as 78% of people believe washing and ironing to be the most dreaded household chores.

The laundry market moves 181.4 billion dollars a year.

So, if you have a premises, a laundry Store is no doubt one of the most profitable businesses you can start.
The recommended premises specifications for a Jeff Laundry Store are 40 m2.
 

Mr Jeff laundry offers a home delivery service which can be accessed through a super app (mobile application).  You can organize all of your laundry orders through this application.
 

That is, customers do not need to go to the Store to drop of their clothes. Our home delivery service encourages recurrence because today everyone wants services available at their doorstep.

At Mr Jeff, we have combined physical Stores with the online world, advanced technology with a traditional business model, to achieve a business model that has all the economic and operational advantages both worlds offer, this allows us to offer the best user experience.

 

1.2 Premises suitable for a Beauty Jeff hairdressing business

Beauty and hairdressing salons are another great opportunity if you have a premises and are looking to start a business. The recurrence rate is very high as people usually attend Beauty Centers up to twice a month.
In addition to being a growing sector, the beauty center market moves more than 575 billion dollars a year.

So, if you have a premises, a Beauty Salon is definitely one of the most interesting businesses to take on.
The recommended premises specifications for a Beauty Salon are 45 m2.
 

The Beauty Jeff physical beauty and hairdressing centers work with Jeff's super app, in the same way as Mr Jeff laundry Stores do.
In this case, you can request your turn from the app and to go to the Salon at a specific time without having to call. This helps to make life easier for the customer as they can save time.  

   

1.3 Premises suitable for opening a Fit Jeff business

Gyms have earned a their place as one of the most profitable businesses, making fitness centers very attractive to investors.

The main drawback is the size of the premises. Most of the time a very large premises is needed, greatly increasing the investment. 

From this problem, boutique gyms were born.  Boutique gyms are much smaller than conventional centers and only offer certain types of classes. Fit Jeff only offers HIIT, Functional Training, Pilates and yoga so you don't need a very large venue.

The fitness business is a very large, growing market. So if you have a premises, a boutique gym is one of the fastest growing businesses you can start.
The recommended premises specifications for a Boutique Gym are 70 m2.
 

Fit Jeff's boutique gym centers work through the app.
The user can book the class they want at the time that suits them best through the app. 

 

 

1.4 Premises suitable for opening a Relax Jeff massage Center

Relax Jeff centers provide short massages (20, 30 and 60 minutes) including head & face, neck & back, legs & feet and full body. In addition, all these services include aromatherapy. 

The massage business is one of the fastest growing sectors in recent years. Market size has increased from $45 trillion in 2017 to $100 trillion in 2022, an increase of 36%.

So if you have a premises, a massage Center is one of the fastest growing businesses you can start.
The recommended premises specifications for a Massage Center are 35 m2.
 

Relax Jeff services are available on the app, in the same way they are for other Jeff business lines.  The customer can take a turn for their massage from the mobile application without having to call the center.

 

2. If I have a smaller premises, what type of business should I open?

If you have a smaller premises your best option would be to open a Beauty Jeff Lite hairdressing business, a beauty center that adapts to the limitations of the current Covid-19 situation.

3 types of premises are suitable for these Beauty Centers: square, rectangular and L shape.  The size specifications for the premises are 20 m2.