Fast Food Franchise Cost In South Africa

According to the franchise association of south africa fasa most franchisors will insist that you fund between 30 50 of the complete investment from your own resources.

Fast food franchise cost in south africa. In recent years the country has seen the arrival of several new big international brands. The table below lists the costs of opening a new franchise of south africa s fast food chains with franchise fees and monthly payments noted where information was available. Kfc r6 million 840 restaurants despite kfc being by far the most popular fast food franchise in south africa it is not likely to increase its number of restaurants any time soon. More details financials.

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. In 2017 the fast food industry turned over r587 billion. Fouche says the set up costs for a fast food franchise is between r800 000 to r2 7 million. This particular store has a low.

But most of the established food franchise businesses in south africa are operated by just a handful of holding companies. This means that 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. 25 franchise fast food franchises available for sale in south africa today on bfs the world s largest marketplace for buying and selling a business. This clearly paints a picture of a sector that is competitive and lucrative and more importantly it shows that the franchising has sustained appetite to grow further in the local.

Industry data shows that south africa has seen more franchises opening fast food and restaurant outlets in spite of the floundering economy he said. This means that 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. This well established fast food franchise has proven itself to be a profitable business. He adds that the costs are depended on the brand.

Fast food the grove gauteng south africa description.