Here Is How Much It Costs To Get A Food Lover’s Market Franchise
A Food Lover’s Market is one of the most premium franchises in South Africa as it is a specialist fresh produce retailer, with a unique concept of offering a market feel to the shopping experience. It is focussed on growth and great pricing. Founded in 1993, by Mike and Brian Coppin, as a single store in Access Park, Cape Town, the chain now boasts over 130 stores across South Africa, Namibia, Lesotho, Malawi, Angola, Zimbabwe, Mauritius and other African countries.
The first franchise was opened in 1996, and we are full members of the Franchise Association of South Africa (FASA). Mike Coppin and Dave Hogg head up the franchise and new opportunities division within Food Lover’s Market.
The Food Lovers Market Group encompasses Food Lover’s Market, Food Lover’s Eateries, Freshstop convenience stores, Seattle Coffee Company, Market Liquors, Diamond Liquors and FVC International, the largest exporter of fresh produce in South Africa.
The Head Office is based in Brackenfell in Cape Town and supported by distributions centres across all the provinces. There are opportunities for news stores across South and Southern Africa.
Retail is a tough business and the franchise model is for experienced retailers. The average setup cost is R8-12M, with a owner contribution of 50%. The franchise fee is 2% and the marketing contribution is 0.5% of turnover.
The initial agreement term is set at 10 years. We believe in cementing the right foundations to offer the same consistent value, variety and fresh produce quality that our brand stands for.
