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How much it costs to buy a bar or pub franchise like Tiger's Milk, News Cafe, Cubaña, or Bossa

Summary by Ground News

South Africa's bar and restaurant industry generates annual revenue in the millions. Many of these brands are available to buy and run as franchises. You can expect to pay millions for a recognised bar franchise like Tiger's Milk or News Caf�, and ongoing royalties of up to 9%. The bar, restaurant, and canteen industry is forecast to see revenue of over R100 billion in 2023.

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How much it costs to buy a bar or pub franchise like Tiger's Milk, News Cafe, Cubaña, or Bossa

Many established bar and restaurant brands are available to buy and run as franchises. But they aren't cheap.

2 years ago·South Africa

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News24 broke the news in South Africa 2 years ago on Sunday, March 19, 2023.

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