There are many franchise opportunities available in Zimbabwe. Franchising is simply a method for expanding a business and distributing goods and services through a licensing relationship. In franchising, franchisors (a person or company that grants the license to a third party for the conducting of a business under their marks) not only specify the products and services that will be offered by the franchisees (a person or company who is granted the license to do business under the trademark and trade name by the franchisor), but also provide them with an operating system, brand and support.
To invest in a franchise, the franchisee must first pay an initial fee for the rights to the business, training, and the equipment required by that particular franchise. Once the business begins operating, the franchisee will generally pay the franchisor an ongoing royalty payment, either on a monthly, quarterly, or annual basis. This payment is usually calculated as a percentage of the franchise operation’s gross sales.
Total Franchise Opportunity
The Total Zimbabwe franchise is one of the biggest brands in Zimbabwe. They have service stations and products in all regions of Zimbabwe. Total service station offers a lot of products and services. Total has more than 100 stations in the whole of Zimbabwe. The service stations also offer gas and automotive lubricants for all types of vehicles. The company also has tankers for fuel transportation and is trusted a lot in the fuel industry. It is perhaps the longest serving service station brand in the nation.
KFC Franchise Opportunity
The first branch of KFC was opened in July 2014 after the company had left Zimbabwe in 2007. There was high demand and promising support for the brand in Zimbabwe because many Zimbabweans were familiar with the franchise through a lot of South African TV adverts on channels widely watched by Zimbabweans like SABC and Etv. Country Bird Holdings has said that it desires to establish over 20 KFC stores nationwide in Zimbabwe.
Econet Agent Franchise Opportunity
Econet is the largest telecommunications company in Zimbabwe, and you can partner with them by becoming an Ecocash Agent. You can also open a Econet shop where you will be providing customer services to clients e.g. sim replacement, registration of new lines, selling Econet handsets etc.
Telecel Agent Franchise Opportunity
Telecel is a very big Zimbabwean based service provider and it’s offering to partner with different individuals and companies as a franchise. It offers franchisors a chance to operate as a company or as a sole trader. When you are still starting it is advisable to operate as a sole trader because its less demanding and easier because less paper work is needed. The sole trader requirements are a duly signed out telecash agent application form, proof of residence, proof of business address, copy of lease agreement for rented premises, Bank statement, 2 passport photos and lastly the copy of I.D of the trader.
Spar Franchise Opportunity
This is one of the longest serving brands in Zimbabwe. If you want to develop a Spar outlet then you must have some retail experience, a premise that can be developed or an existing shop that you want to convert into a Spar supermarket. If you are successful then you must build and develop the shop with the mother company’s required design. They will help you and provide step by step guidance.
Ocean Basket Franchise Opportunity
This franchise is one of the largest chain in the world and it is a line of restaurants that offer sea food on their menu. This is the right business if you wish to target the rich and elite customers who want a casual sea food dining experience on their table. Shingai Munyeza was the first to get the Ocean Basket franchise in Zimbabwe in 2014.
Mugg and Bean Franchise Opportunity
Nothing in this world exceeds the thrill of being the owner of a successful business, especially one that has very high profits. When you buy certain franchises it is important to note that you will buying into philosophies that are already established in success and the benefits are a lot. This is a brand that is a fast food outlet that usually attracts high income customers and famous for expensive looking and cool surroundings. The franchise has a branch in Sam Levy in Borrowdale owned by Shingi Munyeza.
Pick n Pay Franchise Opportunity
This is a thriving and successful franchise that entrepreneurs can merge with to be successful. Pick n Pay has a thriving franchise element that interested entrepreneurs can become involved in. The franchisee has a minimum amount that it should invest and the amount can increase depending on several factors like location and size.
Innscor Africa Franchise Opportunity
This is a very big diverse brand in Zimbabwe offering many different types of commodities and perishable consumables. The Innscor franchise comprises of Bakers Inn, Chicken Inn and Pizza Inn. It has been in Zimbabwe for over 20 years now and has over 60 branches in the whole of Zimbabwe.
A note from StartupBiz Zimbabwe: Everyday we send business updates via Whatsapp. Click the link to join: https://chat.whatsapp.com/Ehq54psKHUA3QB4G9SC8jJ or send the word join via Whatsapp to +263778798072 (Whatsapp us by clicking the link https://wa.me/263778798072).