How much does it cost to open a petrol station in South Africa?
A local petrol station business set up costs range in the region of R15 million and R100 million depending on the size and site. Further to this the operation payable to the oil company ranges between R2. 5 million and R15 million, depending on the cost to develop, projected volumes and profitability.
How do I get a petrol station franchise in South Africa?
According to Absa there are currently three different ways to open a petrol station in the country:
- Investing in the physical building, land and associated assets (prop-co).
- Purchase of the business operation only (op-co).
- Purchase of both (prop-co / op-co).
How much does a Burger King franchise cost in South Africa?
How much it costs to open a fast food franchise in South Africa
| Franchise | Set-up cost | Franchise fee |
|---|---|---|
| Burger King | R5 000 000 | |
| Nando’s | R4 500 000 | R185 000 |
| Chicken Licken | R3 000 000 | R150 000 |
| Pizza Hut | R2 500 000* |
What is the best franchise to buy in South Africa?
Top 10 fast food franchises in South Africa
- McDonald’s.
- Burger King.
- KFC.
- Nandos.
- Fish and Chips Co.
- Wimpy.
- Debonairs.
- Capitan DoRegos.
How much does it cost to buy Shoprite franchise in South Africa?
It’s currently not possible to buy a Shoprite or Checker’s store in South Africa, but you can purchase an OK Foods, which is also a subsidiary of the Shoprite Group. An OK Grocer franchise is currently going for R2. 85 million, Wasserman explains.
How much does it cost to buy a Nandos franchise in South Africa?
Breakdown of average Total Investment
| Description | Drive-Thru | Inline |
|---|---|---|
| Fixtures and fittings | R1 894 000 | R1 355 800 |
| Average Investment (Excluding VAT) | R6 800 000 | R5 000 000 |
| Franchise Fee | R 250 000 | R 250 000 |
| Total Average Establishment Costs (Excluding VAT) | R7 050 000 | R5 250 000 |
How much does it cost to buy a KFC franchise in South Africa?
Prospective franchisees need to show that they have the required funds to fund up to 5 or more kfc stores. One store costs in the region of R5. 5 million.
How much does it cost to buy a Chicken Licken franchise in South Africa?
Chicken Licken® Fly-Thru™ cost: R6,8 million minimum, dependent on the landlord contributions and which store you choose to build as well as which store best suits the area. The initial franchise fee is R180,000.00.
How much does franchise cost in South Africa?
According to the latest Franchise Association of South Africa (FASA) the average upfront fee (not total initial investment) is R209 000. The amounts range from: R460 000 for a personal services outlets to. R74 000 for a childcare, education and training outlets.
What is the cheapest most profitable franchise?
12 best low-cost franchises for aspiring business owners
- Cruise Planners. Franchise fee: $10,995.
- Fit4Mom. Franchise fee: $5,495 to $10,495.
- Chem-Dry. Franchise fee: $23,500.
- Jazzercise. Franchise fee: $1,250.
- Stratus Building Solutions.
- SuperGlass Windshield Repair.
- Mosquito Squad.
- Pillar to Post Home Inspectors.
What is the best business to start in South Africa?
75 best small business ideas in South Africa 2021
- Virtual or personal assistant. Image: pixabay.com.
- Hairdressing services.
- Interior designer.
- Electronics repair services.
- Social media consultancy.
- Tutoring services.
- Grocery delivery services.
- Gardening and lawn care.