Franchise opportunities in Lakes Entrance, VIC
Top 3 recommended franchise categories
1. Quick-Service Food
553. Food & Beverage
46Lakes Entrance snapshot
| Metric | Lakes Entrance | State avg | Difference |
|---|---|---|---|
| Population | 11,095 | 18,304 | -39% |
| Median household income | $52,700 | $94,695 | -44% |
| 5-year population growth | 10.5% | 30.4% | -19.9 pts |
Community & demographics
Who lives in Lakes Entrance, and what it means for a franchise. Every figure below is a real ABS Census 2021 median for this area, not an estimate.
| Measure | Lakes Entrance | What it signals for franchising |
|---|---|---|
| Median age | 55 years | Older market, skews to health, home and aged-support services |
| Average household size | 2.2 people | Smaller households, favours convenience and single-serve formats |
| Median household income | $1,014/wk | Overall spending power of the local market |
| Median family income | $1,317/wk | Discretionary spend of family households |
| Median personal income | $562/wk | Individual earnings, a labour-cost and spend signal |
| Median rent | $270/wk | Cost of living and a proxy for commercial rents |
| Median mortgage | $1,300/mo | Homeowner cost base in the area |
Source: ABS Census 2021 G02 + ERP 2016→2021 · SA2 Lakes Entrance (205021084). Incomes are median weekly (household income is also shown annualised in the headline stats).
Survival & viability analysis
Quick-Service Food viability: High
The quick-service food opportunity in Lakes Entrance scores 55 out of 100. With a population of 11,095, the catchment is smaller, so demand may support only one well-sited quick-service food outlet. At about 1 existing quick-service food operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($52,700) sits below the state average ($94,695), which can favour value-led formats.
Nearby competition by category
| Category | Est. operators | Competition | Status |
|---|---|---|---|
| Quick-Service Food | 1 | Low | Gap |
| Hair & Barber | 1 | Low | Gap |
| Food & Beverage | 1 | Low | Gap |
| Bakery & Dessert | 1 | Low | Gap |
| Retail | 1 | Medium | Competitive |
| Beauty & Health | 1 | Medium | Competitive |
Operator counts are a trade-area model derived from ABS population, not a live business census. Richer POI data (OpenStreetMap / Google Places) is ingested per methodology.
Available franchise opportunities in Lakes Entrance
Bucking Bull
Burger Urge
Advanced Hair Studio
Barber Industries
Acai Brothers
Boost Juice
How Lakes Entrance compares to nearby areas
| Location | Population | Score | Top category |
|---|---|---|---|
| Lakes Entrance | 11,095 | 55 | Quick-Service Food |
| Newcastle | 322,278 | 78 | Bakery & Dessert |
| Parramatta | 256,729 | 80 | Pet Services |
| Geelong | 268,277 | 75 | Pet Services |
| Gold Coast | 699,226 | 84 | Quick-Service Food |
Frequently asked questions
What franchise is best for Lakes Entrance?
Based on population, income, growth and competition data, Quick-Service Food scores highest for Lakes Entrance at 55/100, competition sits below typical metro density. The next best are Hair & Barber and Food & Beverage.
How much does a franchise cost in Lakes Entrance?
Fees don't vary by suburb, Quick-Service Food franchises run $350,000–$900,000 all-in nationally (Q2 2026 Fee Index, n=96). See the Fee Index for the full breakdown.
Is Lakes Entrance good for a coffee franchise?
It's a tighter market: a coffee & café franchise scores 36/100 in Lakes Entrance, with about 2 existing operators in the trade area (Saturated suitability).
Demographics: ABS Census 2021 & Regional Population. Category scores combine ABS demographics with a trade-area competition model and live franchise availability, see methodology. Fees: Q2 2026 Fee Index.