Whether you’re thinking about buying a franchise or want to turn your existing business into a franchise network, let’s help you achieve your business ambitions. If you’d like ongoing service for your new business, we offer support. If it’s funding you need, we’ll work with you to find the right solution. If you need guidance on franchising, we have all the information you need.

Let’s help you make your dream a reality

Let’s help you own a franchise

Need more help

Need more help?

Call us on:

011 350 8000

E-mail us at:

franchise@absa.co.za

Expanding your franchise network

Congratulations! You’ve worked hard to establish a viable franchise and can now take the final step - expanding your franchise network.

Let’s help you grow your business

  • Is your business ready?

    South Africa needs to grow its SME sector which has potential to address unemployment problems in the country. Franchising is ready to take off on an expansion drive and is certainly a smart option to grow your business and provide much-needed work for unemployed citizens.

    Tell me more

  • Grow your business

    Boost your business’s growth with these tips and action steps for successful franchises.

    Tell me more

Need more help

Need more help?

Call us on:

011 350 8000

E-mail us at:

franchise@absa.co.za

Banking and finance solutions for your business

Let’s help you grow your business

Need more help

Need more help?

Call us on:

011 350 8000

E-mail us at:

franchise@absa.co.za

Thinking of exiting or selling your franchise?

No matter how much a franchisee enjoys being part of a network, the day will come when such franchise wants to leave. Or you may decide as a franchisee to retire or simply cash in your investment Let’s assist you plan ahead and work towards a good succession or exit solution.

Let’s help you plan accordingly

Before you think of exiting the franchise, consider the needs of the:
  • Franchisor - The franchisor will have a standard franchise agreement in place and will typically be reluctant to amend it.
  • Franchisee - The franchisee needs to map out desired future developments. Does he/she want to appoint a manager, hand control of the business over to one of his/her children or sell the business outright and make a capital profit?
  • Buyer of the business - The buyer of the business expects the business to perform as contemplated
Exit formats - An individual can exit the business in stages or in one single transaction.

Exit in stages
A family member or a deserving member of staff is groomed as successor. He/she is given an opportunity to acquire shares over a predetermined period until full transfer of ownership is accomplished. This format is attractive because continuity is practically assured. It is particularly suited to the transfer of ownership to heirs. It can also be used in BEE transactions, often in combination with tandem franchising.

Outright sale
Should an outright sale be contemplated, the seller will expect the franchisor to act fairly, be supportive and facilitate the transaction in line with conditions agreed in advance.

Transfer process

Some franchisors reserve the right to handle the process of selling the business. They charge a market-related commission in return. Others reserve the right to approve the buyer and charge a fixed fee for undertaking the approval process and providing training to the buyer of the franchisee.

Need more help

Need more help?

Call us on:

011 350 8000

E-mail us at:

franchise@absa.co.za