OK Franchise Division

OK Franchise Division

  1. Description

The OK Franchise Division is a major buying, advisory and assistance business with a proven track record in the FMCG retail industry. The OK Franchise Division franchises several different types of retail formats, a wholesale- and add-on liquor outlet, each with its own brand identity and personality and each offering shopping facilities relevant to the market in which they trade.

OK Franchise Division

Established: 1964
Initial Franchise Fee: R25 000 incl. VAT
Set-up Costs (New store) On Application
Conversion Costs(Existing store) On Application
Franchise Fee (Retail) 1% of sales (exclusive of VAT)
Franchise Fee (Liquor) 0.5% of sales (exclusive of VAT)
Marketing Fees: N/A
FASA Member: Yes
Contact:
Cobus Barnard
+27 (0)21 505 4400/1
www.okfd.com

About the Franchise

Overview

This is a complete franchising resource offering information and opportunities for prospective retail entrepreneurs. This division has been part of the Shoprite/Checkers group since 1996 and has gained a foothold in the smaller convenience-orientated market.

Franchisee selection criteria

The OK group would like to partner with franchisees who have at least two to four years experience in the FMCG market, preferably at management level, with specific focus on merchandising and stock control. The prospective franchisee must be financially stable and display good business skills and values.