Friday 20th of October 2023
The South African economy has been recovering at a fast pace, with its GDP recording 1.2% growth
...in the second quarter of 2021. The leap has exceed...
The South African economy has been recovering at a fast pace, with its GDP recording 1.2% growth in the second quarter of 2021. The leap has exceeded the expectations of experts who had forecasted 0.7% growth and showcases that the country is making progress. Johannesburg has been shining bright, with its new developments that have been attracting businesses and residents to the city.
Urban regeneration and a high expansion rate of the city have helped it to march ahead of other metropolitan areas in the country. Consequently, entrepreneurs are interested in purchasing businesses for sale in Johannesburg to leverage its high growth potential. If you too wish to jump the bandwagon, here is a list of the top ten most promising businesses in the city in 2021.
The restaurant industry had been hit hard after the lockdown due to the pandemic. However, the sector has been making slow but significant steps towards making a comeback in 2021. Owning a restaurant in Johannesburg is one of the first choices of food entrepreneurs because the ‘City of Gold’ is the most populated region in the country. It is a major economic and financial hub that is home to the best eateries in South Africa. It is the best place to own and grow a restaurant because of its better economic conditions. If you are interested in serving local or exotic cuisine in a lively ambience to earn a steady income, look at the link given below.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/restaurant
Acquiring a franchise is one of the easiest ways of becoming an entrepreneur. It is lapped up by driven individuals who want a low-risk investment. Also, the advantage of training and support allows them to prepare for success in advance and start earning from day one. The logistics support and the presence of standard policies and procedures aids in running the business smoothly even if you don’t have past experience in the field. Thus, if you are looking for an established brand that comes with the convenience of full training, you can look at the listings on the link given below.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/franchise
Online shopping has been witnessing a boom in South Africa due to the pandemic. While in-shop purchasing in the retail sector reduced by 30% in 2020, online shopping increased by 40%. The biggest online player in the country, Takealot.com generated revenue of US $451million last year. It is the best time to invest in an e-commerce business that will continue to grow in the future, with consumers showing higher confidence in this mode of shopping. Also, many e-commerce businesses are cheaper than traditional businesses. Thus, if you are looking for a viable business opportunity, look at the link given below.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/ecommerce
Education is always in demand even during the pandemic. Thus, it is one of the prolific industries that has the scope of business development and enjoy excellent profits. So, aspiring entrepreneurs must look into the industry to enjoy gains and a booming career. Acquiring a well-known business comes with the benefits of training and a customer base, so you can easily take over a business to start earning. If you are interested in this opportunity, look at the link given below.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/educational
The agricultural sector of Gauteng is a high performing industry, and the province is home to the largest agricultural companies in the country. The Joburg Market in Johannesburg happens to be the biggest market in the country that sells a wide variety of fresh vegetables and fruits. It is a risk-free industry that is not affected by the pandemic as essentials are always in high demand. If you want to become a part of this growing sector, look at the link given below.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/agricultural
If you have been looking for a business that meets your personal taste and offers stability, you can look at the manufacturing sector. The industry took a dip during the lockdown but is now coming back on track, with the easing of restrictions and vaccinations. Johannesburg is specifically the best place for manufacturing businesses as the region has many businesses operating in the sector. The biggest advantage of owning this business is that the city is undergoing development and growth and needs astute entrepreneurs who can fulfil these demands. Thus, if you are interested in purchasing a business in this sector, look at the link given below.
Cafes are an important part of the social culture of every metropolitan city, and Johannesburg is no different. The city has many coffee shops that are visited by locals, travellers, and coffee lovers. Specialty coffees are the most promising part of the city and are highly popular. The high-end coffee market had been witnessing a surge in profits before the pandemic struck the country. However, the shops are opening up once again and takeaway orders are growing in communities. It is one of the best sectors to start a small business in South Africa and it comes with the added benefits of a recognised brand, goodwill, clientele. So, you don’t have to work hard to make it work. Look at the link given below to find the best opportunity in the sector.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/cafe-and-coffee-shop
Food entrepreneurs had to face losses because of the lockdown but the easing of restrictions has brought good news for the sector. Customers are once again venturing out of their homes to dine out and get takeaway food to satiate their taste buds. The takeaway businesses are especially working better as people can maintain social distancing and just have to pick the food and move away. Thus, acquiring a food truck is a highly profitable proposition in the current scenario. Look at the link given below to get started if you love to cook and serve.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/food
The pandemic had affected the businesses operating in this sector. However, the internet has proven to be a saviour and the sector is now operating virtually. The demand for adult entertainment has escalated since people have been stuck in their homes and the industry is using the digital medium to move forward. Thus, the sector is witnessing a huge surge in demand and if you wish to own a business in the industry, look at the most promising opportunity available on the link given below.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/adult-entertainment
Drinking water is a scarce resource in Gauteng, and thus, anyone operating a business in the industry can make an exceptional career. You can acquire a bottling plant that caters to a wide population, which needs safe drinking water. The government is also pushing for investment in the sector to water easily accessible to its citizens. It is an excellent initiative that can help you achieve your dream of entrepreneurship. If you think you can become a part of this sector, click on the link given below.
https://www.business2sell.co.za/businesses/gauteng/johannesburg/water-business
Conclusion
Although 2020 was distressing for entrepreneurs, this year has come with a ray of hope. If you have been planning to purchase a business for sale in Johannesburg, keep the sectors mentioned above in mind to grab a profitable venture that will generate superior rewards.
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