Here's how much it costs to buy a supermarket like Spar, Food Lover's, Pick n Pay, or OK Food | Business Insider

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South Africa's supermarkets make a lot of money. But that only tells half the story, particularly if you're looking to buy and run your own store.

the leading groups profit in the billions each year. But that only tells half the story, particularly if you're looking to buy and run your own store.

There are three ways to join the Spar group: buy an existing store, convert your current shop into a Spar, or build a new one. With this expansion, the group has also established distribution centres across all South African provinces that aid franchisees in obtaining fresh produce.Setting up a new Food Lover's Market franchise costs between R8 million and R12 million, and owners contribute 50% of this. Food Lover's also charges a 2% franchise fee and a 0.5 marketing contribution based on turnover.OK Foods is the only supermarket franchise available from the Shoprite Group.

 

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BISouthAfrica Brilliant huh. Pay a fortune to be told how to run the place and what you must employ.

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