Franchises Under R500 000 in South Africa
Franchising isn’t always the cheapest way to start a business, but luckily there is a growing number of franchising options in South Africa that don’t break the bank. Franchising is easily one of the safest ways to start a business as you already start with a reputable brand name and access to loyal customers.
Bronwen Barnard
29 November 2021
Summary
Franchising isn’t always the cheapest way to start a business, but luckily there is a growing number of franchising options in South Africa that don’t break the bank. Franchising is easily one of the safest ways to start a business as you already start with a reputable brand name and access to loyal customers.
3 Franchises Under R500 000
The next 3 brands are some of the cheapest franchises you can currently buy in South Africa:
- Curves: Curves is South Africa’s first fitness club for women. They focus on creating an inclusive environment for women of all shapes and sizes to live a happy, healthy life. A listing on Business for Sale allows you to be the proud owner of a Curves for only R495,000 with an estimated yearly net profit of R229,818.
- Dream Nails: Dream Nails have been a staple in the beauty community for more than 35 years. Dream Nails’ motto is to be as playful, as unique, and as expressive as you like to be. A Dream Nails salon costs around R360,000 to establish, equip, and stock. Coupled with a franchise fee of R40,000, you can expect to pay approximately R400,000 as an initial investment.
- Kumon: Kumon helps children of any age to excel through extra Math and English training. Kumon aims to give its students the tools they need to enjoy learning and thrive academically. A listing on Business for Sale allows you to own a Kumon franchise for only R450,000 with an estimated yearly net profit of R205,286.
Which Is the Cheapest Franchise to Buy in South Africa?
One of the cheapest franchises to open in South Africa will spark up childhood memories of going to the beach or a Saturday market. Chip ‘n Dip is a proudly South African slap chips takeaway business with over 100 franchises. This business’s booming success can be awarded to its low initial franchise fees, affordable products, and high foot traffic positioning.
To open up your own mobile Chip ‘n Dip outlet you only require an R30,000 once-off joining fee. The equipment, opening stock, and signage costs will cost you a further R160,000, which brings the total of your investment to R220,00. That seems like an extremely reasonable price to open up your own business while having access to unlimited slap chips.
What is the Most Profitable Franchise to Own in South Africa?
If you were the colonel of the most profitable franchise in South Africa your life is probably looking “finger-licking good”. Thanks to continuously updated in-store designs, product innovations, and that special secret recipe, KFC is South Africa’s most profitable franchise bringing in a whopping R6 million net profit every year.
If you’re ready to jump in and franchise, visit Business for Sale to check out franchises for sale!
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E-commerce Business for Sale: The Benefits
Whether you’re looking into buying an e-commerce business for sale because you’re passionate about building up a brand or whether you’re in it for the money, it’s still a good investment. Buying an online e-commerce business is a shortcut to entrepreneurial success compared to building your own business from the ground up. This article will discuss why buying an e-commerce business is better than building one and how much an e-commerce business will cost potential buyers.
Buying a Manufacturing Business for Sale
There are several good reasons why a manufacturer or an entrepreneur might be considering buying another manufacturing business. Acquiring a manufacturer can help you secure your supply chain or even allow you to bring product manufacturing in-house. As part of a diversification plan to develop into new markets, you can acquire a manufacturing company with a complementary or competing product to assist you in securing your customer base.
What to Consider Before Buying a Franchise
Buying a franchise can either be the best financial investment you ever make or the worst. Therefore, it’s crucial to do your research and have the facts before investing. In theory, a franchise is a perfect way for up-and-coming entrepreneurs to have a successful business, without having to build one from scratch. Successful franchises usually already have a business model that works and a loyal customer base.
What Factors to Consider Before Starting a Franchise?
Starting a franchise is the answer to being a business owner without having to start from scratch. To begin your business, you simply follow the franchise business model and utilise the already existing brand equity. Doesn't it sound brilliant?
Car Wash for Sale
Have you been on the lookout for car washes on sale in South Africa? Look no further because Business for Sale has got you covered. With a full listing of business opportunities, business broking tools, valuations, knowledge sharing, and services, Business for Sale is the portal of choice for entrepreneurs.
"Cheap" Franchises in South Africa
Finding affordable franchises in South Africa can be very easy, thanks to Business for Sale. We already know what the benefits of owning a franchise are, and so naturally, the next best step is to find a franchise that suits your budget. Cheap food franchises in South Africa can be a little tougher to come across, as food franchises tend to be pricier. However, there are other franchises that can be bought into! Most Affordable Franchises in South Africa There are different categories that make for brilliant, affordable franchise options.
Supermarket for Sale
Independent grocery stores may find it a challenge to make a profit. Grocery stores make their profit based on volumes of customers. The Covid-19 pandemic put some pressure on supermarkets when everyone panicked about necessities like toilet paper. Supermarkets had to keep up with the demand, but also struggled under the regulations that prevented the sale of other regular items. Luckily, South Africa’s strictest lockdown levels have abated, giving most South African businesses the opportunity to pick up from where they left off.
Liquor Store for Sale
Unlike many other products for sale, alcohol is one that is not seasonal. People consume alcohol all year round, and liquor sales have yet to drop due to external factors that would typically affect other industries. This makes it a reasonably safe bet to invest in, and become a part of.
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Advantages and Disadvantages of Franchising
When considering starting a business, you’ll need to decide whether you want to start from scratch, or if you want to join into a franchise. This decision will depend on your goals and vision. While it can be exciting to begin a business independently, it could also pose a few risks. A franchise brings with it a host of benefits that can’t be found when you’re on your own. We’ve done a little homework for you so that you can make an informed decision about which option is best for you. Take a look below at our lists of advantages and disadvantages of franchising:
Salon Business for Sale
The beauty industry is ever-popular in South Africa, and a great choice for buyers to delve into when looking into buying an existing business. Even after the decimating effects of COVID-19 on the economy, the beauty industry is standing strong, as people prioritise self-care. There are factors to keep in mind to ensure that you develop a successful business plan, before you invest in a salon for sale.
Finance to Buy a Business
Choosing an existing business for sale is the easy part; by the time you’re considering buying a business, you already have an idea of which industry it will be in, its size, type, and all of the other particulars. The more complicated part is when it comes to applying for finance to buy a business. Very few people have the capital to use cash to buy the business, so it’s important to understand the ways and means of borrowing money and still making those dreams come true!
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