Are you thinking about getting into the fish and chips business? Well, if you’re looking for a great opportunity, the Fish & Chip Co. could be exactly what you need. With more than 120 stores in South Africa, this franchise gives you the chance to join an exciting and fast-growing market. Let’s break down the numbers and details so you know what to expect.
Who Should Become a Franchisee?
This franchise is best suited for someone who is hands-on and committed to building a successful business. You’ll need to be passionate about customer service and ready to put in the effort to make things work. It’s not just about having the cash to start but being ready to manage a store, handle staff, and build relationships with your customers.
How Much Does Fish and Chips Franchise Cost?
To get started, you’re looking at an average setup cost of R599,000 (this includes VAT). This cost covers almost everything you need to open your doors and start serving customers. Here’s a rough breakdown of what you’re paying for:
- Store setup and branding (interior design, signage, and layout)
- Equipment (fryers, refrigerators, counters, etc.)
- Initial stock to get your business off the ground
- Training for both you and your staff, so everyone is on the same page
This is a turn-key operation, which means that everything will be ready for you to start your business once the setup is done.
Ongoing Costs:
Once your store is up and running, there are a few ongoing costs you need to budget for each month:
- Management Fee: R1071.80 per week. This fee covers the support you’ll get from The Fish & Chip Co. head office, including business advice and operational assistance.
- Marketing Fee: R1071.80 per week. This covers national advertising campaigns and promotional activities to help attract customers to your store.
That means you’ll be spending about R2,143.60 per week on these fees alone. Be sure to factor this into your monthly budget to avoid any surprises.
How Much Can You Make?
The monthly turnover and gross margin numbers aren’t publicly available, but they can be shared with serious applicants. In general, though, fish and chips are known for having solid profit margins because the ingredients are cheap, and you can sell the meals at a good price. However, you’ll need to manage costs like rent, salaries, and the weekly fees mentioned above to keep your business profitable.
Franchise Agreement:
When you sign up for a Fish & Chip Co. franchise, the agreement lasts for 5 years. After that, you can renew for another 5 years if you want to keep going. This gives you plenty of time to establish yourself and build a successful store.
Location Matters:
Finding the right location for your franchise is crucial. High-traffic areas like malls or busy shopping streets are ideal spots. The Fish & Chip Co. will help you with this, but make sure you pick a location that will bring in customers. Once everything is sorted, the actual setup can take a few months.
What You Get:
- Setup Cost: R599,000 incl. VAT
- Weekly Costs: R2,143.60 for management and marketing
- Franchise Agreement: 5 years with a 5-year renewal option
- Monthly Turnover & Profit: Available on request
Joining The Fish & Chip Co. franchise can be a great way to get into the fast-food industry. It’s a well-established brand with a loyal customer base, and the costs are reasonable for what you’re getting. If you’re serious about owning your own business and are ready to put in the work, this could be the opportunity you’ve been looking for.