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- Pick n Pay’s franchise fee is 1.25% of gross actual turnover. This fee is payable with post-dated cheques prior to opening and adjusted at the end of the financial year.Learn more:Pick n Pay’s franchise fee is 1.25% of gross actual turnover. This fee is payable with post-dated cheques prior to opening and adjusted at the end of the financial year.businesstech.co.za/news/business/239051/pick-n-p…Establishing a new store costs in the region of R10 million. This purchase price depends on the size and location of the store, and the developer’s contribution. Once the store is up and running, franchisees must also pay a fee of 1.25% of gross annual turnover.www.safranchisebrands.co.za/article/this-is-how-m…Costs vary according to the size and nature of the store. According to reports, you can, however, expect to pay between R10 to R13 million for a new Pick n Pay store, with at least 10% of this required as an upfront fee.www.safranchisebrands.co.za/article/heres-how-m…Pick n Pay does not publicly divulge the cost of establishing a new franchise or buying an existing store – but prospective franchisees can expect to invest upwards of R13 million for a franchise and historically have had to pay 1.25% of turnover.www.safranchisebrands.co.za/article/heres-how-m…
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WEBMay 27, 2019 · Opening a Pick n Pay franchise costs in the region of R10 million, and a KWIKSPAR Spar between R6 to R7 million. South Africans spend a staggering amount of money in retail stores. Research by …
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WEBApr 19, 2018 · Pick n Pay’s franchise fee is 1.25% of gross actual turnover. This fee is payable with post-dated cheques prior to opening and adjusted at the end of the financial year.
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