Opening a franchise can be a profitable decision. After all, if you can't beat them, join them.
Running your own business does not always mean you have to go it alone. If the market niche you want to enter is already dominated, then looking into opening a franchise could be the sensible and more lucrative way to go.
Keep reading to see the five best new franchises South Africa has to offer this year.
Who doesn't love a good slice of fresh pizza? If you are looking to get your feet wet in business, opening a franchise of this popular pizza chain is not a bad place to start.
The initial start-up costs are as low as R800,000 and with the profit margins as good as guaranteed you are setting yourself up for a successful future.
If you want to start a business that is essentially recession-proof, belongs to a recognized brand and offers you a maximized change at an attractive rate of return, then one of the top franchises to open would be a Wilcote.
For as little as R520,000 you are looking at one of the cheapest franchises to start with the best first-year profit margins.
3. Zebros Chicken
People gotta eat. That's why restaurants make such a great franchise opportunity.
If you find yourself wondering what franchise to open, then give some serious thought to some
serious braai. Zebros chicken and chips is a South African staple and you can manage your own restaurant for just R1,000,000.
While it might be more than some, this budget includes staff training, opening day promotional opportunities and more.
When you factor it in, a Zebros could well be the best franchise for sale in South Africa.
One of the best new franchise opportunities in South Africa, going into the Sorbet business gives you multiple opportunities for investment. With nail bars, salons of more you can choose the business you want to start to suit your desire and budget.
Starting a new nail bar franchise starts at around R1,000,000 and is a great investment opportunity even for a first-time business owner.
5. Tutor Doctor
Everybody knows and understands that education is important. To that end, expanding the reach of the Tutor Doctor is a double benefiting franchise opportunity.
Possibly the best franchise for sale, you can position yourself within a lucrative market niche and do so to the long-term benefit of others.
Assisting the South African education system and ensuring that people get access to the best possible tutoring opportunities sounds like a winning combination.
The fact you can invest for as low at R500,000 is just the icing on the cake.
Investing in One of the Best New Franchises Could be the Best Decision You Make
The business world can be rough, especially during those first few years, and a lot of people will not make it on their own.
Making the decision to open a franchise could be the best thing you can do.
Do you have what it takes to open one of the best new franchises in South Africa? Then check out some of our resources to help you on your way.