Steers Franchise For Sale In South Africa
What is Steers Franchise?
Since 1960 when the first Steers quick-service restaurant was opened, it has been serving that flame-grilled taste dished. Later on, in 1983, the brand launched their first Steers franchise for sale. So far the chain has expanded to 600 units worldwide with 500 restaurants in South Africa.
Steers Franchise For Sale In South Africa
Franchising Opportunity. Steers restaurants are well known for their warm and friendly atmosphere, great service, and top quality food.
Frequently Asked Questions
How much is a Steers franchise in South Africa?
Steers has a franchise fee of R68,000 up to R75,000 (excluding VAT), with a total initial investment range of R1. 97 million to R3. 75 million (excluding VAT). All inquiries for the advertising fees, net worth requirements, liquid cash requirements can be submitted to Steers Head Office.
How much does it cost to start a Steers franchise?
One of the cheapest franchise options on the list, Steers franchisees can pay between R1. 7 million – R2. 5 million depending on the size and type of restaurants they want. The initial franchise fee is R159,900 for a Standard Steers, while the fee for a drive-thru Steers is slightly increased at R175,700.
What is the most profitable food franchise in South Africa?
Coming in at number one, KFC is the most popular franchise in South Africa. The brand has been established globally and loved by millions of South Africans. KFC offers affordable and tasty fast food to all of its customers.
Which is the Cheapest Franchise to Buy in South Africa?
- Fish & Chip Co.: Roughly R645 000 starting cost plus R4400 monthly payment.
- King Pie: Approximately R600 000 starting cost.
- Zebro’s Chicken: Roughly R831 000 plus 4% of monthly turnover.
How much does a Sasol franchise cost?
As the foundation of our high-performance culture, our corporate values align our decisions and actions, and those of our stakeholders, in delivering sustainable results. Franchise fee is R2. 5M.
How much does it cost to buy Shoprite franchise in South Africa?
It’s currently not possible to buy a Shoprite or Checker’s store in South Africa, but you can purchase an OK Foods, which is also a subsidiary of the Shoprite Group. An OK Grocer franchise is currently going for R2. 85 million, Wasserman explains.
How Much Does it Cost to Buy a KFC Franchise?
It is hard to determine exactly how much KFC charges to open a new franchise; however, the number has been rumoured to be anywhere between five and six million. The price does typically increase if one is purchasing an existing KFC.
How much is a MTN franchise?
“It basically costs next to nothing” to become a franchisee, if an entrepreneur is to exclusively provide MTN`s services. However, an amount of R90 000 would be payable over three years should a franchisee decide to terminate the three-year franchising contract.
Is Spar shop a franchise?
A Spar shop may be owned independently, by a franchisee, or be part of a chain, depending on the model applied in any given country. The owners of the parent company vary from country to country and may include the shop owners themselves.
What is FNB franchise?
FNB has established a franchise department with a national footprint that allows us to provide both franchisors and franchisees with the tailored support they need to grow their franchise business. With a deep understanding of the franchise environment, we can respond to the changing needs of our client’s businesses.