When we opened the first store in 1994, we took two years to learn the complexities of the business before we felt ready to franchise. Our second franchisee was a pharmacist in Cape Town and the third franchisee was actually my sister and her husband. They borrowed R600 000 to fund the franchise, and it was paid off in two years.
Their bank manager was so impressed he bought the fourth store. Mukheibir laughs. Word of mouth gets around.
Clearance times are subject to your bank. Approved borrowers may be eligible for a loan from 300 and up to 5,000. Lending criteria, suitability checks, terms and fees apply. What is a cash loan. If youve ever been strapped for cash, you have probably thought how useful it would be to get fast approval loans asap.
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