Franchise ownership is a viable investment opportunity. It is for this reason that South Africa’s business sector offers numerous franchise opportunities. The difference with many of these opportunities is the cost involved in buying and running these franchises. Here are some low cost franchise opportunities available in South Africa.
The Bed Shop
The Bed Shop franchise network was established in recognition of a market need for a dedicated channel to market in the retail bedding industry. From an amount of R500,000, you can become a proud owner of a Bed shop franchise. The franchisor’s operational planning department assists franchisees by researching new store locations, designing the store formats and preparing budget and financial projections for each site. Once an outlet is open for business, franchisees can call on their dedicated area representative for operational support, should the need arise. The franchisor engages in a variety of marketing activities, including digital marketing, national promotions and individual store campaigns.
[email protected] Business Centre
The [email protected] Business Services franchise concept offers a retail opportunity in the business services and communications industry. [email protected] promotes owner-operated stores starting out with two staff members, while offering a consultative, personalised service. Applicants have a choice of two business formats — a standalone full store setup measuring 50-80 sqm, an Express Store option occupying 30-45 sqm or a kiosk option occupying 15-25 sqm either in a regional mall, strip mall or stand-alone site. The franchise cost of [email protected] Business Centre is around R695,000.
H2O International boasts of 65 franchises and is counted as a leader in the water purification industry. Set up costs for this franchise range from R325,000–R625,000 (excluding VAT) depending on the type of franchise, location and the quality of the source of the water to be bottled. H20 International goes the extra mile by assisting franchisees with financing through several major banking institutions.
Zebro’s offers consumers the option of enjoying their meal in a friendly and approachable environment or as a take-away. The simplicity of the product range has resulted in the lowest new franchise store establishment cost in its category as well as simple in-store operations. The estimated set up costs includes the franchising joining fee, building costs, equipment, store design and promotion materials as well as staff training. According to its latest franchising data, the total estimated initial cost for a standard Zebro’s outlet of 80-100 sqm is R949,900. This amount includes a franchise joining fee/deposit of R190,000.
Wilcote is a manufacturer, supplier and applicator of professional solutions to all waterproofing, interior and exterior redecoration projects. From an amount of R520,000, Wilcote offers access to a respected brand name, proven know-how and experience, extensive initial training and ongoing assistance and support, a business that is virtually recession proof, territories with outstanding business potential and a realistic opportunity to earn above average returns.
The affordable nature of Franchises listed above should make them worth considering.