franchises-under-r500-000-in-south-africa

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:

  1. 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.
  2. 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.
  3. 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!

Author: Bronwen Barnard

Director
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