What is Franchise?
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor’s name and system.
Technically, the contract binding the two parties is the “franchise,” but that term more commonly refers to the actual business that the franchisee operates. The practice of creating and distributing the brand and franchise system is most often referred to as franchising.
Cheap Franchises In South Africa
1. The Fish & Chip Co
Investment cost: R699 000 – R850 000
If you’re looking for a low-cost franchise with high potential, look no further than The Fish & Chip Co. Fish & Chip Co. is a well-established brand with a loyal customer base.
The franchise offers full training and support, so you can be up and running quickly.
With over 13 years of experience in the South African market, The Fish & Chip Co. is a proven business model with a bright future.
2. Dream Nail
Investment cost: R675 000 – R800 000
This is another excellent franchise to consider if you’re looking for a low-cost option.
Dream Nails Beauty Salon has been in business for over 35 years and is one of the most affordable and well-known franchises in South Africa.
It is a popular franchise for those passionate about the beauty industry and who want to own their own business.
3. H2O|BWT
H2O|BWT is a water purification company offering a range of home, office, and industrial products.
The company has over 450 products in its range, making it one of the most comprehensive water purification companies in South Africa.
The investment cost for this franchise is between R780 000 and R950 000.
4. PostNet
Investment cost: R805 000
PostNet is a well-known brand that offers a range of postal, courier, and printing services.
The franchise is ideal for entrepreneurs looking for a business with high potential and a proven track record.
With over 400 owner-managed retail stores across the country, PostNet serves more than 70,000 customers daily.
PostNet offers five main product types: Courier, Copy and print, Digital, Stationery, and Mailboxes.
5. Master Maths
Investment cost: R200 000 – R300 000
Master Maths is a supplementary education franchise that offers personalized maths tuition to learners in grades 4 to 12.
The company has been operational for over 40 years and has branches across Southern Africa.
With a relatively low investment cost, Master Maths is an affordable option for entrepreneurs looking to enter the education industry.
6. Milagro CBD Oil
Investment cost: R18,145 – R453,634
Milagro CBD Oil is a top franchise that offers excellent support to its business owners. With a wide variety of options to choose from, you can find the perfect investment for your business.
There are seven different franchising options to choose from at Milagro CBD Oil. These are the home seller, webmaster, vendor license, wholesaler, hemp seed merchant, agriculture, and the Store Front option.
The investment requirements for each of these franchises vary, with the home seller requiring the lowest investment and the Store Front program requiring the highest investment.
Milagro is a great franchise to consider if you’re looking for an opportunity in the CBD oil industry.
7. Cheapest Franchises in South Africa – Tutor Doctor
Investment cost: Roughly R550,000
Tutor Doctor is a supplementary education franchise that offers one-to-one in-home tutoring to students of all ages.
The franchise is an excellent option for entrepreneurs passionate about education and helping others succeed.
Tutor Doctor franchisees benefit from comprehensive training, ongoing support, and marketing assistance.