Top 7 Cities To Buy A Business In South Africa

South Africa is a highly sought-after destination because of its natural splendours and mesmerisi

...

ng wildlife. The country has been a prominent econ...

Top 7 Cities To Buy A Business In South Africa
Lethabo Moodley Image
Lethabo Moodley
Updated: Wednesday 24th of November 2021
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South Africa is a highly sought-after destination because of its natural splendours and mesmerising wildlife. The country has been a prominent economic zone in the entire African continent because of its rich mineral deposits, fertile land, and tourist attractions. It has become a significant business hub because of its valuable offerings in the global market and qualified workforce that is lapping up outsourced jobs. Most entrepreneurs consider it to be a viable opportunity to purchase a business for sale in South Africa because of its capabilities in most industries.

Its growing middle class has been a contributor in the growth of the economy and many new technologies and industries are mushrooming in its commercial scene. From telecommunications and oil and gas to the finance and legal sector, there are opportunities in every field in this vast landscape. So here is a list of the best places to set shop in South Africa for a successful entrepreneurial career.

1. Johannesburg

The city of gold is a megacity that is counted among the largest urban areas across the globe. It is the financial, technological, and economic centre of the country and has a population of approx. 5.5 million. Its contribution to the GDP in 2018 stood at 14.9%, with agriculture and mining remaining its strongest sectors. Interstate migration has helped in increasing the population in the city. Its high performing industries include steel, IT, transport, banking, private health care, real estate, etc.

Johannesburg is home to the largest dry port and has a flourishing retail sector and several shopping centres. Some of the prominent ones include Mall of Africa, Sandton City, Westgate, Hyde Park Corner, Southgate, Cradlestone Mall, etc. If you want to know about the business opportunities in Johannesburg, click on the link given below.

https://www.business2sell.co.za/businesses/gauteng/johannesburg

2. Sandton

A high-end region in the Gauteng Province, Sandton is a financial and business centre. Many corporate offices shifted here in the 1990s and it also has the prestigious Sandton Convention Centre, which hosted the 2002 World Summit on Sustainable Development. Head offices of companies like Massmart and Ster-Kinekor are located here along with IBM and Hewlett Packard.

Another enticing feature of the region is its prolific retail trade, which has become popular because of the Sandton City mall. The shopping centre boasts of 128,000 m2 of retail space. Along with Nelson Mandela Square, it forms the largest retail space in Africa. To buy a business here, click on the link given below.

https://www.business2sell.co.za/businesses/gauteng/sandton

3. Randburg

The vibrant region of Randburg is a huge area with many suburbs. The region is especially known for its economic activity. The head offices of renowned businesses are located here, including Multichoice, M-Net, and SuperSport. The happening commercial precinct in the area is Strijdom Park that house many small and light industries.

It is a shopping hub for locals because of the presence of a variety of malls, hotels, shopping centres, and entertainment nodes. Randburg also has many colleges and schools, which makes it famous among working professionals with families. If you want to run a business in this region, click on the link given below.

https://www.business2sell.co.za/businesses/gauteng/randburg

4. Cape Town

The second-largest city in South Africa, Cape Town is famed across the world for its stunning harbour and various tourist hotspots. It was named as the best place in the world to visit by leading dailies in 2014. It is a powerful economic centre in the province of the Western Cape.

The city accounts for 80% of the province’s GDP. It has four primary commercial nodes, including Cape Town CBD, Bellville, Century City and Claremont. All of them are dotted with office and corporate head offices. The leading businesses operating in the city belong to retail, fashion, petrochemical, advertising, publishing, insurance, etc. It is also home to the best technology companies in the entire continent, with many businesses foraying into space technology. If you plan to purchase a business in Cape Town, click on the link below.

https://www.business2sell.co.za/businesses/western_cape/cape-town

5. Pretoria

A part of the three capital cities, Pretoria is home to many small businesses, corporate offices, and government agencies. The city centre is filled with big conglomerates, retail shops, shopping centres, banks and various other businesses that make it a buzzing commercial region. The CBD is marked by the presence of high-rise structures that house the offices of the Reserve Bank of South Africa and others.

The city is well-connected through public transport and has a happening music and art scene. Education, media, and the military are other industries that have been making a huge mark in the city. If you want to buy a business here, click on the link given below.

https://www.business2sell.co.za/businesses/gauteng/pretoria

6. Durban

The third most populated city in the country, Durban is in the KwaZulu-Natal province. A famous tourist destination, the city is known for its oceans, beaches, and balmy weather. It boasts of excellent infrastructure and a large base of skilled workforce. Durban has been growing at a fast pace because of its developmental programs and burgeoning population. It is known for its sugar refining industry and the informal sector that includes a plethora of street vendors and markets.

Tourism is yet another thriving industry along with media and sport. The city has a well-developed transport system and an expansive education sector. With its high popularity and expanding hospitality industry, it is one of the best places to work. If you want to own a business here, click on the link below.

https://www.business2sell.co.za/businesses/kwazulu_natal/durban

7. Boksburg

Boksburg is positioned on East Rand of Gauteng province and the city had a population of 260,321 in 2011. It has a diverse economy that is primarily known for industrial and mining sectors. It is famed for its production of gold on the Witwatersrand. It is home to the head offices of many companies including Fraser Alexander, EL Bateman and Macsteel.

The East Rand Mall is one of the most popular shopping malls in Gauteng. It is also home to the factories of Unilever and Colgate Palmolive as well as Tiger Brands, which is a massively popular brand in Africa. To become a part of the commercial sector of Boksburg, you can click on the link below to find all the latest business opportunities.

https://www.business2sell.co.za/businesses/gauteng/boksburg

Conclusion

If you wish to buy a business for sale in South Africa, you must choose the destination after considering the economic feasibility of the region. The list of cities mentioned above can help you to find the best place for buying a business in the country.

Author Info
Lethabo Moodley

A business expert, Lethabo Moodley is a management consultant who has been working across domains since 2005. His rich experience includes a Masters degree in business administration from the prestigious Gordon Institute of Business Science and Doctor of Business Leadership degree from Unisa Graduate School of Business Leadership. He has been actively working as a consultant with the biggest firms in South Africa and his contribution in the growth of these organisations is considered invaluable. He has saved a lot of small businesses from going bankrupt and has renewed the lost success streak of the big fish in the market. Business2Sell is delighted to have him onboard for his insightful blogs. 

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