Franchise that are profitable in South Africa

[@RahenGroup]

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]

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

[@marisaneto929]

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

[@BulumkoGovuza]

Any time!

[@Mncedisir1]

Thank you so much this is very informative

[@rosemlangeni4227]

Very informative,thank you so much,I just subscribed

[@BulumkoGovuza]

welcome to the winning team

[@joshuacollen9859]

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

[@BulumkoGovuza]

Thank you so much!

[@vikiwemakgatho1778]

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

[@BulumkoGovuza]

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.

[@bonginkosintuli4560]

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]

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

[@kelvinbhehane3559]

Helpful information. Thank you so much.

[@BulumkoGovuza]

Glad it was helpful!

[@mbalenhlemthembu287]

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]

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

[@nozeephow]

Chicken Licken for me please

[@BulumkoGovuza]

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

[@mbalimthethwa463]

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

[@BulumkoGovuza]

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

[@SouthAfricanshots]

Thank you , so informative ❤️

[@BulumkoGovuza]

Glad it was helpful!

[@ilungilepotelwa]

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]

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

[@Big-Time26]

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

[@BulumkoGovuza]

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

[@JacobTdaddy]

AWESOME 😎👍💯

[@BulumkoGovuza]

Thank you! Cheers!

[@roushellmalaka7571]

Very informative thank you,

[@BulumkoGovuza]

you are welcome. thanks

[@evansnkgoeng6844]

Infinite thanks. Such an empowering lady

[@libertymtungwa6075]

Thank you so much .....very informative

[@fundify_za5193]

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]

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.

[@nqubelagenuka3117]

thank you this was very informative

[@BulumkoGovuza]

you are welcome

[@nonsikelelozwane133]

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

[@senamilesena6951]

Thank you so so much for such important information

[@KayDeeDuiker]

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

[@BulumkoGovuza]

Yep, I saw, this information is dated 2019.

[@Jack566911]

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

[@BulumkoGovuza]

noted, very simple once you get franchise agreement

[@aneleminisi471]

Great insight 👌👌👌

[@ntsakonkuna8440]

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]

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.

[@boitumeloseepamore9139]

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]

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]

@@BulumkoGovuza thank you for replying madam. Appreciate

[@thusomahlatji6268]

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

[@BulumkoGovuza]

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]

@@BulumkoGovuza Thank you so much for your response.

[@brunobangira140]

Greatest video

[@BulumkoGovuza]

Glad you think so!

[@simphiweyende1001]

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

[@BulumkoGovuza]

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.

[@petersibanda719]

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

[@BulumkoGovuza]

Dear Peter, If you have the right paperwork to operate business. I will create a content on what are legal papers to be acquired to operate small business or get franchise in SA soon

[@duncanmageer6291]

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

[@BulumkoGovuza]

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]

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

[@raees2459]

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]

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

[@atlimodiba6414]

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

[@INTER.NET_TONY]

I should just marry this woman

[@BulumkoGovuza]

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

[@raees2459]

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]

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.

[@lehlogonolonkadimeng6495]

Did u say Twitter doctor or what ?

[@mtutuzelinjungwini6085]

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

[@BulumkoGovuza]

Dear Muzi. you have been offered 49% shares? congratulations, i see this inquiry is longer than three months, if you still need assistance you may contact me on linkein.

[@raees2459]

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

[@BulumkoGovuza]

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

[@BulumkoGovuza]

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]

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

[@BulumkoGovuza]

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

[@zolekabontsi6795]

I am interested in Chicken licken plz

[@zolamthithala2216]

How much is chicken licken franchise???

[@BulumkoGovuza]

It really depends on the location. Anything from R3 million

[@pentsoftschoolapp5156]

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]

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

[@makhosinobiva9798]

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]

how do we get in touch with you? via email

[@mondlimtshali6271]

Thanks a lot you are very encouraging

[@BulumkoGovuza]

So nice of you