Wimpy Franchise For Sale In South Africa
What is Wimpy Franchise?
A Wimpy franchise enables you to open your own Wimpy restaurant, offering everything the trusted brand brings to consumers including; affordable meals.
Wimpy Franchise For Sale In South Africa
As one of the leading restaurant franchise groups in South Africa, join the Wimpy Family. We’re here to help you make your business a success.
Frequently Asked Questions
How much is Wimpy franchise in South Africa?
Wimpy – from R1.9 million
New Wimpy Franchisees can expect to pay between R1. 9 million – R2. 5 million and an initial franchisee fee of R114,300 (excluding VAT). Franchisees are also expected to pay 7% of their turnover in management fees and 5% of their turnover in royalties.
Is Wimpy a South African franchise?
As one of the leading restaurant franchise groups in South Africa, we’re constantly looking to grow the Wimpy Family. When you become a Wimpy franchisee, you can rest assured that we will provide you with all the training necessary to help you make a success of your business.
Which franchise is most profitable in South Africa?
Typically, the most successful franchises in South Africa consist of fast-food franchises. Some of the more popular fast-food franchises include Steers, KFC, Chicken Licken, Mc Donalds, and Nandos. There are other franchises available in other industries such as Pick ʼn Pay, Battery Centre, Sorbet, and more.
Is Wimpy profitable?
The UK (Wimpy) recorded revenue of R133m (R112m) and an operating profit of R17m (R14m) before impairments. One restaurant opened, while five restaurants closed. Manufacturing revenue increased 31 percent to R2. 77bn and its operating profit improved by 65 percent to R299m.
How much is Wimpy franchise?
Wimpy – between R1. 9 million and R2. 5 million, with an initial franchisee fee of R114,300 (excluding VAT).
Which franchise makes the most money?
McDonald’s
The company’s number of locations and annual revenue are also good indicators that it is the most profitable franchise to own. A reputable company like Mcdonald’s could unlock new financing and commercial business. It is better than investing in a startup as it provides a higher net worth.
Who owns Wimpy franchise?
Lyons until Wimpy UK became part of Famous Brands, a South African company in 2007. Eventually Famous Brands took over all worldwide franchising for the company and there are currently licenses for Wimpy franchises across 34 countries.
How many Wimpy restaurants are in South Africa?
Now, don’t be too panicked about getting your Wimpy fix. There are still 478 restaurants open and functioning in South Africa.
Why did Wimpy fail?
Unable to compete with McDonald’s, the Wimpy brand was withdrawn in 1975 and most Wimpy bars became independent fast food outlets.
What does Wimpy stand for?
This informal adjective is a derogatory way to describe a cowardly or physically frail person.