The franchise is an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company’s products.
Below is How To Franchise In South Africa
Online Self-Test
Research
Set your budget
Choose a franchise industry
Choose a franchise
Apply to find out more information from the franchisor
Meet with the franchisor and franchisees
Get a copy of the legal documents
Take 14 days to review the information
Apply for funding
Sign the franchise agreement
Sign lease agreement and pay rental deposit
Hire staff and attend training for yourself and your staff
Open your franchise business
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.
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 also expected to have a minimum of 35% of the purchase price of a restaurant in unencumbered, non-borrowed cash.
Types of Franchises in South Africa
Business Format
Product
Conversion
Investment
Job
List of the best franchises in South Africa
McDonald’s.
Burger King.
KFC.
Nandos.
Fish and Chips Co.
Wimpy.
Debonairs.
Capitan DoRegos.
Steers
Barcelo’s