Franchise that are profitable in South Africa

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  • เผยแพร่เมื่อ 27 ก.ค. 2024
  • Franchise opportunities in South Africa that are actually profitable and have less risk. If you prefer franchise, it is best to chose the one that has a very good support, profitable and has a strong brand.
    #Franchise #business #southafrica #Funding

ความคิดเห็น • 88

  • @RahenGroup
    @RahenGroup 2 ปีที่แล้ว +9

    I’ve been wanting to have a McDonald’s franchise in Ghana for a while now since relocating from Australia.
    The closest one to us is in Dubai or South Africa.
    This information has been helpful
    Thank you

  • @mphomofokeng5817
    @mphomofokeng5817 2 ปีที่แล้ว +5

    This is what I needed to hear, I want a franchise but did not know where to start. Please share the pros Nd cons of owning a franchise

  • @Mncedisir1
    @Mncedisir1 ปีที่แล้ว +3

    Thank you so much this is very informative

  • @evansnkgoeng6844
    @evansnkgoeng6844 2 ปีที่แล้ว

    Infinite thanks. Such an empowering lady

  • @libertymtungwa6075
    @libertymtungwa6075 ปีที่แล้ว

    Thank you so much .....very informative

  • @aneleminisi471
    @aneleminisi471 ปีที่แล้ว

    Great insight 👌👌👌

  • @rosemlangeni4227
    @rosemlangeni4227 2 ปีที่แล้ว +2

    Very informative,thank you so much,I just subscribed

  • @joshuacollen9859
    @joshuacollen9859 3 ปีที่แล้ว +2

    I Love you sis more especially your contribution to the society. Keep on blessing us.

  • @kelvinbhehane3559
    @kelvinbhehane3559 2 ปีที่แล้ว +2

    Helpful information. Thank you so much.

  • @roushellmalaka7571
    @roushellmalaka7571 3 ปีที่แล้ว +2

    Very informative thank you,

  • @senamilesena6951
    @senamilesena6951 ปีที่แล้ว

    Thank you so so much for such important information

  • @marisaneto929
    @marisaneto929 3 ปีที่แล้ว +4

    I'm from Angola 🇦🇴 and I'm thinking about investing in a franchise here, this video was very informative thank you.

  • @seriesplusmovies
    @seriesplusmovies 3 ปีที่แล้ว +2

    AWESOME 😎👍💯

  • @SouthAfricanshots
    @SouthAfricanshots 2 ปีที่แล้ว +2

    Thank you , so informative ❤️

  • @vikiwemakgatho1778
    @vikiwemakgatho1778 3 ปีที่แล้ว +3

    Just found you sisi and I’m in love, I found my self a new friend. Ur videos are informative 💐🥰

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +3

      Welcome!! This is a real life content i tell you. i come from struggle this is personal for me. I have made it, i need all of us to have a chance.

  • @nqubelagenuka3117
    @nqubelagenuka3117 3 ปีที่แล้ว +2

    thank you this was very informative

  • @mbalimthethwa463
    @mbalimthethwa463 3 ปีที่แล้ว +2

    Thanks a lot you have just revitalize the entrepreneur in me pls do Shere more on chicken lickin and Shoprite

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Hello Mbali, Absolutely... Entrepreneurship is the main ticket out of poverty, give the high unemployment stats in SA.

  • @mbalenhlemthembu287
    @mbalenhlemthembu287 4 ปีที่แล้ว +3

    Thank you so much. This was very helpful. Looking forward to to the next video on how you can be approved to own a franchise :-)

    • @BulumkoGovuza
      @BulumkoGovuza  4 ปีที่แล้ว

      Good Day, I will. Is there a particular franchise you are looking for?

    • @nozeephow
      @nozeephow 4 ปีที่แล้ว +1

      Chicken Licken for me please

    • @BulumkoGovuza
      @BulumkoGovuza  4 ปีที่แล้ว +1

      @@nozeephow I will do so. Thank you for subscribing

  • @bonginkosintuli4560
    @bonginkosintuli4560 3 ปีที่แล้ว +4

    Thank you so much for such important information... I would like to know more on how to get funding, and share more light regarding the point that you touched on about being vetted before being a franchisor.

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Hi Bonginkosi, Its much better when you can ask a specific question, perhaps someone has the same question so we can assist each other.

  • @Big-Time26
    @Big-Time26 3 ปีที่แล้ว +2

    thank you so much. Now if you could make a video about starting your own business or retail shop from scratch

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +2

      Thanks for the idea! I think that can work. I will gather more infor first

  • @ilungilepotelwa
    @ilungilepotelwa 3 ปีที่แล้ว +2

    thank you so much this video was very informative but i would love if you shed more light on how to get funding specifically for the retail, fast food and petroleum industries and the risks that one should look out for and lastly what is needed in order to qualify as a franchisor

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Dear Ilungile, My projects are more focused on transport and Water now. This information was very accurate last year.

  • @brunobangira140
    @brunobangira140 2 ปีที่แล้ว +1

    Greatest video

  • @nonsikelelozwane133
    @nonsikelelozwane133 2 ปีที่แล้ว +1

    hey i just want to check that you did upload a video explain how to get funds?

  • @KayDeeDuiker
    @KayDeeDuiker 3 ปีที่แล้ว +2

    Kfc doesn't want to franchise anymore... yoh can only acquire one if you buy from someone selling.

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      Yep, I saw, this information is dated 2019.

  • @Jack566911
    @Jack566911 2 ปีที่แล้ว +2

    Thank you sis. Can you please discuss how the loan for Franchising works, if for example I have the required 40% for franchising.

    • @BulumkoGovuza
      @BulumkoGovuza  2 ปีที่แล้ว

      noted, very simple once you get franchise agreement

  • @fundify_za5193
    @fundify_za5193 3 ปีที่แล้ว +3

    I think the next video should be more numbers driven... saying it makes alot of money or its very profitable is not enough. What are you comparing it to ..is it 10/15/20% ROI in the first year ?

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      Some people are not Analytical, sometimes when i talk about ratio analysis in that detail about financial analysis its confusing. When i can address finance graduates or accountants or investors then that would be the approach. Here i speak in a way that is mutual.

  • @ntsakonkuna8440
    @ntsakonkuna8440 3 ปีที่แล้ว +4

    I’m from a rural area where people have to travel miles and miles to buy groceries. Is it possible to just locate Pick n Pay or shoprite as it is ? Without a shopping centre ?

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Absolutely, i also come from a similar background. The research I found it that common problems with the rural area are infrastructure, road, water and sanitation. It then becomes difficult to build such bazaar establishments but we can perhaps approach these retailers for the rural version of their store. this could be a very big breakthrough.

  • @atlimodiba6414
    @atlimodiba6414 2 ปีที่แล้ว

    How do I go about getting a franchise with shoprite or pick n pay ...???

  • @raees2459
    @raees2459 3 ปีที่แล้ว +1

    I would also like to know whether ShopRite or pick and pay will trane you on how to run their stores if u don't really have any retail experience

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      You mean for franchise? Ofcourse that's part of the admin fees you pay. I'm not sure what are the exact prices

  • @boitumeloseepamore9139
    @boitumeloseepamore9139 3 ปีที่แล้ว +3

    Hi madam. Very informative session. Thank you for it. However do u know of a group like people who are interested in a certain franchise but don't have the total ro 60% of the total price where they can all come together and own that franchise

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      Unfortunately no, Im working on a similar project, its still immature to mention but i don't know coz in SA money talks unfortunately.

    • @boitumeloseepamore9139
      @boitumeloseepamore9139 3 ปีที่แล้ว

      @@BulumkoGovuza thank you for replying madam. Appreciate

  • @thusomahlatji6268
    @thusomahlatji6268 3 ปีที่แล้ว +3

    Thank you so much for the information. I would like to ask how do find funding for fast food franchise ?please assist . Thanks

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Dear Thuso, if there was a simple straight answer for that i would say. Go get a franchise acceptance and go to any DFI in SA you will get funding. Its suppose to be as simple and straight like that but the T and C in-betweens are those that make the funding process hard. But yes any DFI or bank can fund you.

    • @thusomahlatji6268
      @thusomahlatji6268 3 ปีที่แล้ว

      @@BulumkoGovuza Thank you so much for your response.

  • @raees2459
    @raees2459 3 ปีที่แล้ว +1

    Hi again just want to find out from you if franchises such as mcdonalds steers chicken licken will do the market research and pick the ideal location for your franchise if u would had to apply for one

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Hello, they will let you know locations of stores available in your chosen area but they will never give you a location where they did not do market analysis on.

  • @simphiweyende1001
    @simphiweyende1001 3 ปีที่แล้ว +2

    Hey, how can i get in contact with you? I have a lot of questions I need to ask.

    • @BulumkoGovuza
      @BulumkoGovuza  2 ปีที่แล้ว

      Dear @siphiwe , I am an SME owner. I am just passionate about developing SMEs in SA as i believe that poverty can be eradicated if most of us could be interested in running business. Anyway, you may contact me on linked in or Facebook or twitter. If you search my name I'm easy to find.

  • @INTER.NET_TONY
    @INTER.NET_TONY 3 ปีที่แล้ว +1

    I should just marry this woman

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Thank you, Im still holding you on to that comment you made about reaching 1K subs in June.

  • @petersibanda719
    @petersibanda719 หลายเดือนก่อน

    I am a Zimbabwean living in springs but interested in these franchises do I qualify?

  • @duncanmageer6291
    @duncanmageer6291 3 ปีที่แล้ว +2

    Hi. The new GULF petrol station entering south africa now, how profitable is it?

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      I have seen it. If you are a risk tolerant investor it would be a good investment. For me im risk adverse...So it my opinion, its a wait and see game.

    • @raees2459
      @raees2459 3 ปีที่แล้ว

      @@BulumkoGovuza hi what is a gulf petrol station? There is not much information on it on the internet

  • @mtutuzelinjungwini6085
    @mtutuzelinjungwini6085 8 หลายเดือนก่อน

    Good evening Bulumko,I have offered 49% shares at a Total Gas station can you assist as to where to start to access funding.

  • @lehlogonolonkadimeng6495
    @lehlogonolonkadimeng6495 2 ปีที่แล้ว +1

    Did u say Twitter doctor or what ?

  • @raees2459
    @raees2459 3 ปีที่แล้ว +1

    Which is more profitable to start pick and pay or a ShopRite

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      This one depends on location. This is where also the feasibility study becomes very important

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      This is part of the recquirements when trying to raise funds. A feasibility study. Remember the franchisers also want to make money they will never give you a location to run if they have not done a background check on it

    • @raees2459
      @raees2459 3 ปีที่แล้ว +2

      @@BulumkoGovuza thanks for the information u are really helping us young entrepreneurs out there

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +2

      @@raees2459 you are welcome. we are on this together the economy needs future entrepreneurs and we are that

  • @zolekabontsi6795
    @zolekabontsi6795 2 ปีที่แล้ว

    I am interested in Chicken licken plz

  • @zolamthithala2216
    @zolamthithala2216 3 ปีที่แล้ว +1

    How much is chicken licken franchise???

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      It really depends on the location. Anything from R3 million

  • @pentsoftschoolapp5156
    @pentsoftschoolapp5156 3 ปีที่แล้ว +1

    Let's connect. I am visiting South Africa next month from Nigeria. I run a school management software business here and trying to get into the South Africa Market. Send me an email once you get this notification.

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      hello, thank you what is your email or linked in name?

  • @makhosinobiva9798
    @makhosinobiva9798 2 ปีที่แล้ว +1

    Hi sis' Bulumko....If you are able to buy a the initial franchise fee of R180 000 at Chicken Licken, can funding companies including the goverment assist you with a FULL loan to get a store? May you please list the funding companies that can be approached and may you please provide with your email address and your office contact detail so we can talk further. Thank you.

  • @moeketsiseisa8318
    @moeketsiseisa8318 3 ปีที่แล้ว +1

    how do we get in touch with you? via email

  • @mondlimtshali6271
    @mondlimtshali6271 ปีที่แล้ว

    Thanks a lot you are very encouraging