What happened to Wakaberry?

In March 2014, restaurant franchise group Famous Brands acquired a 70% stake in the Wakaberry Frozen Yoghurt Bar business, for an undisclosed sum. This acquisition has set in motion the extension of the company’s name, with planned worldwide expansion.

How much does it cost to franchise a Froyo?

The average franchise fee is around $35,000 and the average total upfront investment is around $355,000.

Who owns Wakaberry?

Ken and Michele Fourie are the Founders of Wakaberry Frozen Yoghurt Bar. The couple are also born and bred Durbanites and opened their first self-serve frozen yoghurt store in Florida Road in 2011. Since then the Wakaberry brand has exploded up to 50 stores in 8 provinces.

Which is the cheapest franchise to buy in South Africa?

These are some of the cheapest franchises you can currently buy in South Africa.

  • Motolek.
  • Business Doctors.
  • Abacus Maths.
  • MiniChess.
  • [email protected] Business Centre.
  • Battery Centre.
  • Tutor Doctor.
  • Dream Nails.

Is Red Mango a franchise?

Red Mango is a privately held frozen yogurt franchise. Potential franchisees are invited in for an interview and then asked to submit a business plan.

How much is a DQ franchise?

Investment Info

Franchise Fee: $45,000
Investment Range: $1,461,200 – $2,426,990
Liquid Capital Requirement: $400,000 (for a single unit)
Net Worth Requirement: $750,000 (for a single unit; multi-unit requirements are higher)
Certified DQ Managers: 3

Which franchise is most profitable in South Africa?

KFC – from R6 million. Nando’s – from R7 million. Debonairs – from R2 million….Top 20 fast food franchises that make the most money in South Africa.

Brand Nandos
Revenue (2017)
Growth (from 2016) 7.1%
Franchises (2017) 303
Revenue per outlet

What business can I start with r300 000 in South Africa?

Best Franchises Under R 300 000

  • Red3Sixty.
  • InXpress.
  • Blam Websites & Apps.
  • Business Doctors.
  • Vibe Marketing.
  • Eazi-Sites.
  • Tenacious Techies.
  • Ascot Diet Clinic.

How much is the franchise of Red Mango?

Red Mango has a franchise fee of $35,000 (but only $30,000 for each additional store you open). The initial investment ranges from $258,100 to $441,600 for a traditional store and $331,100 to $488,600 for a self-serve store.

How do you open a Red Mango?

How to open a Red Mango franchise?

  1. Ensure you have adequate capitalization.
  2. Appreciate the investment required for a cafe franchise.
  3. Evaluate your prior experience and strengths.
  4. Assess market availability.
  5. Submit your application.
  6. Receive approval & opening your Red Mango franchise.