The total investment required to open a Nyama and Chips store starts from R489 000 (incl. VAT) for a 60 m2 store.
This cost includes your shop fitting, signage, equipment and franchise fee excluding working capital. On approval by Head Office you will have to pay an amount of R95 000 and the balance prior to commencement of building of the store and signing of the Franchise Agreement. Assistance is provided for all franchisees. A site selection manager will work with you in finding a suitable site, as well as with the developers to help identify the proper location.
The Franchise Fees starts from R 489 000 (incl. VAT) and a low fixed Royalty and Marketing Fee From: R 3500 pm (excl. VAT). T/C's Apply.
The initial term is for 5 years, and will automatically renew for a further 5 years for franchisees who are in good standing with the Franchisor. All Franchisees will have to attend a 10 day training program. The program will cover day-day operations, staffing, stock controls, marketing and management skills. All training will take place in a store. Head Office will send experienced staff to assist in the Opening of the store for the first 7 days of operation. For more information on franchising, please contact us.
CONTACT US ON: (011) 656 0809 or Email: firstname.lastname@example.org