Here’s How Much It Costs To Open A Debonairs Pizza Franchise In South Africa
Here’s How Much It Costs To Open A Debonairs Pizza Franchise In South Africa. Opening a franchise can be a difficult task; this is why it is important for one to do proper research before they even begin the process of acquiring a franchise. This is because there are many requirements that one needs to meet in order to be eligible to buy a franchise, not only from Debonairs Pizza but from most brands that offer franchise deals.
The estimated set-up costs for a Debonair’s franchise are around R1.4 million-R2 million, the new owners are also expected to pay an initial franchise fee of R130, 000. Similar to other Famous Brand-owned restaurants, franchisees are also expected to pay 7% of their turnover in management fees and 5% of their turnover in royalties. This is because the company will mostly handle the management of the franchise and allow the franchisee to use its already established brand to conduct business.
To be well equipped in one’s journey of buying a franchise, one has to be eager to learn as Debonairs Pizza like any other franchises need to train the owners about how the company runs its business and what is required from franchisees. Franchisees will be assisted by the pizza brand as it also wants its franchises to be successful as they will be representing its brand.
Debonairs has 30 years of experience in the pizza and restaurant business. As a franchisee, the companywill be there to assist in every step of the way. Not just with the initial phase, but also throughout their journey as a franchisee. The company offers this support and advice, so that the restaurant can grow and be successful.
Once one has been granted and guaranteed a franchise, the company will assign a business banker that will process their application. They will assist them with applying for financing and any other general enquiries they may have about the finance side of buying a franchise.
