BUSINESS FEATURE
5 1 0 2 IN S E IS H C N A R F 8 TOP
YEAR IS H T R O F S E IS H C N A R F 8 TAKE A PEEK AT THE TOP KE THE LIST? – DID YOUR FAVOURITE MA
T
here’s no denying it. South Africans love fast food, and if the number of fast foods franchises is anything to go by, South Africans love owning fast food franchises, too. While 2016 promises to be a successful year for international franchises such as Burger King and Dominos, local franchises such as Zebro’s and Barcelos are flourishing. Are you considering branching out into owning your own franchise? Here are the top 10 local franchises to consider:
1 Steers Set up cost: R1 200 000 Franchise fee: R130 000 Monthly payment: 11% This year, Famous Brands has made many acquisitions in an attempt to capitalise on the growing middle class. However, Steers remains its biggest brand with just over 500 stores nationwide, drawing plenty of foot traffic through their doors daily. Found at nearly every major fuel stop on our highways and strip malls nationwide, it’s a worthwhile investment. www.steers.co.za
2 Wimpy Set up cost: R1 930 000 Franchise fee: R114 300 Monthly payment: 12% Associated with holidays, beachside breakfasts and burgers, Wimpy is a family favourite spot with nearly 500 stores across South Africa. Another success story from the Famous Brands stable, Wimpy is a household name which has been in business since 1967 – a tried and tested recipe for success. www.wimpy.co.za 18
www.spotongmag.co.za
6
3
Shisa Nyama
Zebro’s Chicken
Special offer – expires February 28, 2016 Set up cost: R375 000 Franchise fee: R3 500 (First three months are free) Monthly payment: Contact Shisa Nyama for more info.
Set up cost: R756 000 Franchise fee: R75 000 Monthly payment: 4% Since the 1990s, Zebro’s has been satisfying customers nationwide with their premium quality chicken basted with a unique sauce. Acquired by Taste Holdings last year, the brand has grown to expand its menu as franchising has expanded. This brand offers a good opportunity for those wanting to break into the market with its low start-up costs. www.zebros.co.za
A township trend has become a middleclass way of life with this increasingly popular brand. A small start up cost makes this a very attractive option for first-time franchisees, and Shisa Nyama has a strong focus on tradition and local flavour. Plus, it has been running since 2007, which proves the brand has staying power. www.shisanyamafranchise.co.za
4 The Fish & Chip Co. Set up cost: Franchise fee: Monthly payment:
R525 439 R120 000 R4 400 monthly
Voted the number one fish and chip brand by the Sunday Times for the second year running, the Fish & Chip Co is a cheap and cheerful favourite. With over 300 stores nationwide, the franchise is also in Swaziland, Botswana, Lesotho and Namibia, with stores coming soon to Zambia. www.fishandchipco.co.za
5
Chicken Licken Set up cost: R3 000 000 Franchise fee: R150 000 Monthly payment: 12% Established in 1981, with over 200 stores in South Africa, family-owned Chicken Licken is famous for its hotwings and soulfire sauce. The set up cost are pretty steep but if the foot traffic is anything to go by you will make your money back in no time www.chickenlicken.co.za
8
Nando’s Set up cost: Franchise fee: Monthly payment:
7
R4 500 000 R185 000 12%
It all started in 1987 with a store in Rosettenville, Johannesburg and today there are 300 stores nationwide and a growing presence globally. Owned by Nando’s Holdings, this instantly recognisable brand is a firm favourite among South Africans and you won’t be left waiting for patrons to arrive at your door. www.nandos.co.za
McDonald’s Set up cost: Franchise fee: Monthly payment:
R6 000 000 R540 000 4%
Locally owned by the Shanduka Group, McDonald’s has a nationwide presence of more than 200 outlets. A global icon, McDonald’s is the most expensive franchise in the country with set-up costs totalling R6 000 000, but the golden arches are a great drawcard. www.mcdonalds.co.za