Here’s How Much It Costs To Open A Burger Perfect Franchise In South Africa
Here’s How Much It Costs To Open A Burger Perfect Franchise In South Africa. In order for them to grow most fast food chain restaurants look to the option of franchising as this will help them build more stores for their brand. This is also a way for the brand to help other people who seek to venture into this type of business but do not have the expertise or know-how to start their own brand from scratch.
Burger Perfect is one such brand as it is continuously looking to grow its family throughout South Africa and expand its footprint through franchising. Prospective franchisees can rely on Burger Perfect’s many years of experience and perfect reputation to make their brand grow and flourish.
The application fee for a Burger Perfect Franchise is R10, 000.00 with a joining fee of R65, 000.00. The company also requires franchisees to pay a royalty fee of 6% of the franchise’s turnover and a marketing contribution of 2% of the franchise’s turnover. The average set up costs for the franchise start from R1 450 000 depending on the extent of works to be undertaken and the size of tenancy. The company also requires a minimum of 50% of set up costs in unencumbered capital with the balance financed through financial institution in form of a loan or a lease on movable assets.
The set up costs will vary depending from site to site, on the size of the outlet, the product combination, the extent of the building works required to set up the outlet, costs and market conditions. The costs reflected are just estimated figures and not a guaranteed amount. If one is a dedicated, hands-on, passionate entrepreneurial type of person and love working with people, this will be the perfect opportunity for them to succeed with the top franchisees in South Africa. The company undertakes to fully support the franchisee through offering training, administrative support, operations, marketing, site selection and build, including manufacturing and distribution.
