What is the cheapest franchise to start in South Africa?
- Debonairs – from R900,500.
- Wilcote – from R520,000.
- 3@1 Business Centre – from R695,000 (ex VAT)
- Zebro’s – from R949,000.
- H20 International – from R325,000 (excluding VAT)
- The Bed Shop – from R500,000.
- Sorbet – from R1 million.
- Fish & Chip Co.: Roughly R645 000 starting cost plus R4400 monthly payment.
- King Pie: Approximately R600 000 starting cost.
- Zebro's Chicken: Roughly R831 000 plus 4% of monthly turnover.
What are the best franchise opportunities in South Africa?
There are several franchise opportunities in South Africa that one could try. 1. Amber Telcom Online Business Amber Telcom Online Business is one of the cheapest franchise opportunities in South Africa. Amber Telcom is a website that majors in adult entertainment. Since the website merges several web-stores to promote the sale of their products.
What is the cheapest business to start in South Africa?
Amber Telcom Online Business is one of the cheapest franchise opportunities in South Africa. Amber Telcom is a website that majors in adult entertainment. Since the website merges several web-stores to promote the sale of their products.
How much does a Master Maths franchise cost in South Africa?
A new Master Maths franchise requires an upfront franchise fee of up to R45,000. Thereafter, franchisees will need to pay setup costs of approximately R200,000, and have access to a working capital of approximately R10,000. The franchisor charges an ongoing management service fee of 15% of turnover, and a marketing fee of 2%.
What makes a franchise a good investment?
According to Abigail Makhubele, Franchise Development Manager at ABSA, “The mere fact that a franchise is a proven concept plays a key factor in attracting buyers.” South Africa’s biggest, established franchises can cost many millions.
What is an algorithmics franchise?
What is Odyssey franchise?
What is a tax shop?
What is 3@1 business?
Is franchising a business in South Africa?
Is Sanondaf a good cleaning company?
See 1 more
Which franchise is most profitable in South Africa?
These are the start-up costs for opening some of the biggest franchises in the country: KFC – from R6 million. Nando's – from R7 million. Debonairs – from R2 million....Top 20 fast food franchises that make the most money in South Africa.BrandSteersRevenue (2017)R1.35 billionGrowth (from 2016)8.9%Franchises (2017)561Revenue per outletR2.4 million19 more columns•Aug 2, 2018
Which franchise is best in low budget?
These franchises have the potential to grow quickly and become great sources of income....The Best Low-Cost Franchise Businesses—Himalayan Range. ... Bean Beans. ... Jugnoo. ... American Kidz. ... Cheops. ... Archies. ... Franchise of PMKVY. ... Scoop Amul.More items...•
How much does Pick n Pay franchise cost?
Opening a Pick n Pay store costs in the region of R10 million, and a KwikSpar Spar between R6 million and R7 million. Buying an existing store is cheaper – but still costs several million. For more, go to Business Insider SA.
How much is MTN franchise?
"It basically costs next to nothing" to become a franchisee, if an entrepreneur is to exclusively provide MTN`s services. However, an amount of R90 000 would be payable over three years should a franchisee decide to terminate the three-year franchising contract.
How much does it cost to get KFC franchise?
The estimated start-up cost can range from ₹ 96 lakhs to ₹ 2 crores. Also, ₹ 36 lakhs is required as a franchise fee to become a KFC franchise owner in India. In addition, a royalty fee of 5% is needed to be paid to the company on gross monthly receipts.
Is owning a franchise profitable?
Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
How much does a Sasol franchise cost?
Franchise fee is R2. 5M. Working Capital is R1. 5M Fuel Guarantee is R 850 000.00 ( Garage Sure or Refine – subscription ) Total Amount Required – R4M.
How much is a Checkers franchise?
Facts & FiguresLiquid capital required$250,000Net worth required$750,000Investment$724,523 - $2,009,400Franchise fee$30,000Royalty4.0%4 more rows
How much does Shoprite franchise cost?
Store costs on average were between 10 million ck or R12 million, but there are now existing stores that start at R8 million. R900,000 is required for franchises. With SuperSpar, you get the biggest price, and the most expensive. A store of this size must have at least 2,500 square meters.
How much is a Telkom franchise?
Question: What is the total investment required? Answer: R150 000.00 upfront purchase price & a monthly 3% Marketing Fee and 7% Royalty Fee (all excluding Vat).
How much is KFC franchise in South Africa?
It is hard to determine exactly how much KFC charges to open a new franchise; however, the number has been rumoured to be anywhere between five and six million.
How much does it cost to open a Vodacom franchise?
At a cost of about R 26,000 (US$3,450),1 prospective owners can start a franchise to operate five cellular lines in a pre-approved location.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
What business can I start with 25000?
Top 15 Ideas to Start Online Business in India Under Rs 25,000Digital Marketing Agency.Content Writing.Graphic Designing.E-commerce Website.Tour and Travel Agency.Online Education and Coaching.Online Food Delivery / Tiffin Service.Online Repairing Business.More items...
How much is Mcdonalds franchise fee?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
What is the most profitable franchise to get into?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
List Of Franchise Prices In South Africa - 2022/2023
How much does a franchise cost in South Africa? McDonald’s South Africa estimates the cost of a franchise to be anywhere between R4 million – R6 million, depending on the type of restaurant and other factors.
50 Best Franchise Opportunities in South Africa and the Cost
When we talk about franchising in the continent of Africa, it is obvious that South Africa is one of the leading countries that participate in this Business model.Statistic shows that there are more than 600 brands in South Africa publicly offering franchise business opportunities through various print and digital media platforms, exhibitions and other advertising campaigns.
Cheap Franchises In South Africa 2021 [You Need To Know] | Top 18 Lists
Latest on the Desk. Call for Applications: Global Social Impact House 2023; AFDB AFAWA Women Entrepreneurship Enablers Programme 2022; How To Apply for YSEALI Seeds for the Future Programme 2023
Low Cost Franchises for Sale - Which Franchise South Africa
Low Cost Franchises. Low-cost franchises in South Africa that require a low-cost investment. View our wide range of affordable franchise options.With tougher economic times and rising unemployment, there is increasing demand for good quality low cost franchise opportunities. whichfranchise.co.za
Motolek
Motolek, owned by the Midas brand, is a chain of roughly 60 auto electrical workshop franchises that operate throughout the country. Motolek franchises offer a range of electrical services for passenger vehicles, trucks, boats, and earth moving equipment.
Business Doctors
Business Doctors is a small business owner coaching franchise. They help coach small businesses to develop strategic plans, achieve organisational efficiency, and improve supply chain management, among others.
Abacus Maths
Abacus Maths, which uses a Japanese abacus to teach young children the basics of maths, is one of the cheaper franchises available in South Africa. The company is looking for franchisees who are passionate about education and patient with children.
MiniChess
MiniChess is a business that teaches chess to children between the ages of five and nine. The company provides structured lessons with detailed plans and project books, and they're looking for franchisees to run branches.
Battery Centre
Battery Centre is a business started in South Africa in 1969 that sells and fits car vehicle batteries. It now has an extensive national footprint of 120 branches driven by franchisees. It's also a franchise that has a relatively low total investment amount for a physical store.
Tutor Doctor
Tutor Doctor is an in-person and online tutoring franchise with an international footprint. The business started offering franchises in South Africa in 2017 and currently has seven local franchisees on board. They give new franchisees 80 hours of online training and seven days in a home office before opening the business.
Dream Nails
Dream Nails has been around for more than 35 years, and the full-service nail and beauty salon is still looking for new franchisees to join its network. They are primarily looking for people passionate about nails, wellness, and beauty to join their team - and they offer one of the cheaper beauty franchises currently on the local market.
How many franchises are there in South Africa?
According to the Franchise Association of South Africa (FASA), there are now more than 800 franchise systems in operation in the country. According to research by Absa, the estimated turnover for the franchise market is R587 billion, which is more than 13% of local GDP.
What is 3@1 franchise?
3@1 is a business communication franchise that offers the public courier, printing, and internet services. The franchisor has been in operation for more than 20 years, and there are franchised stores located throughout the country. They are looking for people to open up new branches of 3@1.
What do you need to own a franchise under the Man in a Van model?
In order to own a franchise under the ‘man in a van’ model, franchisees must have relevant plumbing experience.
Where do franchisees train?
As part of the franchise agreement they offer training for new franchisees - either at the head office, or at an existing branch.
Who is the franchise development manager at ABSA?
According to Abigail Makhubele, Franchise Development Manager at ABSA, “The mere fact that a franchise is a proven concept plays a key factor in attracting buyers.”
Is franchise a good investment?
With due research, there are some established, cost-effective franchises that can represent a good investment - and many of these will offer all the equipment and training to start operating a business, even without prior experience in the industry.
What company makes non-slip floor tiles?
IntellaTread Technologies is another company that produces franchises for sale. The company deals with products that render floor tiles non-slip when they are wet. These products are easy to market since there are a wide variety of prospective buyers.
Is Milagro CBD oil a franchise?
Milagro CBD Oil is another affordable franchise that one could try out. It involves working as an agent for the company. As an agent, you will be recognized on the company’s website, and when clients search for nearby agents, your name will always pop up.
How much does a franchise cost in South Africa?
McDonald’s South Africa estimates the cost of a franchise to be anywhere between R4 million – R6 million, depending on the type of restaurant and other factors. Applicants are are also expected to have a minimum of 35% of the purchase price of a restaurant in unencumbered, non-borrowed cash.
What is McDonald’s franchise fee?
How much is a McDonald’s Franchise? The total investment necessary to begin operation of a traditional McDonald’s franchise ranges from $1,008,000 to $2,214,080. This includes an initial franchise fee of $45,000.00 that must be paid to the franchisor.
When was Africa Skills Village founded?
Africa Skills Village has been changing people’s lives since it was founded in 2007. Their management, staff, franchisees, students, host employers and other stakeholders are part of the Proudly Africa Skills family and encourage creativity and innovation. Achievements from both staff and students are recognized and rewarded.
How many stores does Miniso have?
Miniso has over 3 500 stores worldwide, and operates in over 70 countries globally. The Miniso franchise model has several unique differentiators compared to most retail franchises in South Africa, with the franchisor playing a significant hands-on management approach on behalf of the franchisee.
Adventure Boot Camp
Discover your passion and move the office outdoors. Become an Adventure Boot Camp franchisee today!
Apex Air
Apex Air embraces the option of an Air Source Heat Pump in respect to residential energy effciency over solar water heating.
Busy Hands
Busy-Hands is a profitable work from home and kids/education franchise opportunity, that specializes in fine motor skills development of children between the ages of 3 and 7 years.
Inkosi Auto Parts - Automotive Franchise
Inkosi Auto Parts is a national automotive parts and accessories retail franchise.
JG Electronics
Start your own business printing in full photo-graphic quality colour onto (amongst other things) mugs, tiles, plates, t-shirts, mousepads, cutting boards, caps, awards.
Multi-Clean Services
A business that offers an all in one stop for any domestic and commercial cleaning, property maintenance / handyman and plumbing requirements.
Paint Direct
100% Profit from day one - Work from home or existing business -. Undercut the competition - We show you how.
What company makes non-slip floor tiles?
IntellaTread Technologies is another company that produces franchises for sale. The company deals with products that render floor tiles non-slip when they are wet. These products are easy to market since there is a wide variety of prospective buyers.
Is Milagro CBD oil a franchise?
Milagro CBD Oil is another affordable franchise that one could try out. It involves working as an agent for the company. As an agent, you will be recognized in the company's website, and when clients search for nearby agents, your name will always pop up.
Is Power Ads a franchise?
Power Ads. There is also a franchise opportunity in the advertisement industry. Power Ads deals with electronic advertising. Regardless of your preferences or area of specialization, there is an area that you could venture in the franchise business.
What is an algorithmics franchise?
Algorithmics is another educational franchise opportunity that you might want to take advantage of. They have developed one of the world’s leading programs for schools targeting children aged 5 to 17 years. They have their business presence in 18 countries and in 200 cities with children enrollment standing at 150,000.
What is Odyssey franchise?
Odyssey Franchise Information is a global software developer that has been in operations since 1998. The company has since spread its wings throughout South Africa with its 10 branches and 15 agencies. Through their 20 years in operation they have gradually established themselves as a company of the future, with so many highly skilled technology developers having passed through and being affiliated with the company.
What is a tax shop?
The Tax Shop. The Tax Shop is a business that offers accounting, taxation, and related services to other businesses and individuals. Tax matters are very important by law, and a growing number of people prefer to leave it to professionals. The Tax Shop are the largest and fastest-growing tax professionals in the country.
What is 3@1 business?
3@1 Business Centre is a business that has been operating in South Africa for over 20 years. They do internet services, worldwide courier services, and printing work. This company has locations all over the country, and is doing quite well in the area of marketing. This company is quite ambitious in its expansion plans, they offer staff and management training, and will help you find a good lease.
Is franchising a business in South Africa?
Franchising is not a new business model in South Africa; it has given new, aspiring business people a chance to tap from the ongoing success and goodwill of existing businesses, thus earning money, while benefiting in the form of mentorship, networking, and exposure to time tested methods as well as new innovations in business.
Is Sanondaf a good cleaning company?
With so many cleaning services out there, Sanondaf stands out as unique. They have developed technology that helps eliminate 99.99% of viruses, bacteria, and other harmful microorganisms that other companies cannot eliminate. Their services are particularly good for factories, hospitals, and such places.
