The bustling province of the Western Cape in South Africa is a well-known destination in the country because of its vast coastline. Home to the famed cities of Cape Town and George, the province boasted of an estimated population of 7 million in 2020. A favoured destination among international travellers, Western Cape is known for its striking locales and adventurous escapades.
With a GDP of R424.38 billion in 2016, the economy of the province displayed growth of 2.7 per cent. In 2018, the unemployment rate declined considerably in the region as it has been creating new job opportunities at a fast pace. It has been faring significantly well in the financial, business services and real estate sectors and has witnessed an upsurge in the establishment of technology start-ups. It is the perfect time to own a business for sale in the Western Cape for budding entrepreneurs as they can leverage the fast growth of the region. Here are the top seven ventures in the province that can be acquired to enjoy a successful entrepreneurial stint.
1. Franchise for Sale
South Africa has a booming franchise industry that experienced significant growth in its contribution to the GDP with a jump from13.3% in 2017 to 15.7%in 2019. Although the economic conditions have been wavering in the country due to the COVID-19 pandemic, the sector has been performing well. Fast food franchises are among the most promising businesses in Western Cape.
Thus, here is an opportunity to acquire a fast-food franchise in the prime location of Weskus Mall. Besides the super busy shopping centre location, the venture comes with brand recognition, a fully loaded trailer, training, and ongoing support from the Head Office. If you are a food enthusiast with a flair for marketing, you must acquire this lucrative opportunity right away. Take a look at the link below for more information.
2. Online Business For Sale
The e-commerce industry has grown by leaps and bounds in the country, with people ordering clothes, grocery and food online. The rise of smartphone users and the pandemic have also triggered the dependency on online shopping. Thus, it is the most conducive time to own an e-commerce business in the country.
Here is a fantastic opportunity to acquire a cryptocurrency mining retail business that can be operated from the comfort of your home. It is a trending online business opportunity that can be utilised by a far-sighted individual to earn a consistent income. Click on the link below to get all the details.
3. Beauty Business For Sale
The performance of the beauty industry can be gauged from the fact that the cosmetic sector of South Africa is the biggest market in the entire African continent. The love of the people for cosmetic treatments makes the ownership of a salon in Western Cape a wonderful opportunity to generate a stunning income.
You can make the most of this favourable economic condition by acquiring this day spa in Western Cape which is located on the main road. Offering highly sought-after services like tattoo removal and hair removal, it is a lucrative business opportunity for beauty enthusiasts. If you think you can take it to the next level, click on the link given below.
4. Manufacturing Business for Sale
The manufacturing industry has been thriving in the country and the city of Cape Town is no different. You can become a part of this growing sector by acquiring this shutter door and security gate and installation business. Generating a monthly profit of R35,000, it boasts of being one of the top 3 Leading Security firms in South Africa.
The area of operation extends from Boland Peninsula to Gordon's Bay, which makes it highly profitable. With low overheads and nation-wide advertising, it offers the best value for money to passionate individuals. The growing demand for security products is yet another factor that adds to its viability. If you are interested in this venture, then click on the link below.
5. Agricultural Business for Sale
The agricultural feed industry has been growing by 10% every year due to the soaring production of livestock to cater to the growing population. Here is an exciting opportunity to become a part of this flourishing sector by acquiring this Agri feed business in Cape Town.
This agri-sector producer and supplier have been generating a turnover of R4.8 Million per annum. With growing demand from local and international markets, the business has been growing exceptionally. It comes with all the equipment and a long-term lease that can be utilised by the buyer. To know more about this opportunity, click on the link below.
6. Takeaway Business for Sale
The takeaway industry has been performing well after the COVID-19 pandemic, which has led to social distancing and restrictions. Online food delivery apps like UberEATS have helped several food businesses to survive the pandemic. Thus, there is an opportunity to take advantage of the surge in online food ordering by purchasing this hot dog café kiosk,which can be expanded for growth.
The franchise business comes with theoretical and practical training and five-yearslong lease term. If you have been waiting to enter the food industry, this is the right time to take the plunge. Click on the link below to know more about this business.
7. Tourism Business For Sale
Cape Town is known for adventure sports and is the hottest destination for adrenaline junkies. From hiking and skydiving to water bikes, you can enjoy a plethora of activities in the city. Here is a brilliant chance to acquire a popular water sports and recreation business that comes with water bikes, floating docking facility, storage hut, stingray guide boat, walkway, etc.
Operating in a tourist hotspot, the business has negligible competition and has great future potential. The sale includes all the equipment, marketing material, website, and online booking systems. If you wish to own this thrilling business in the exotic location of Cape Town, then click on the link given below.
South Africa has eased the COVID-19 restrictions and is now trying to recover from the impact of the pandemic. It is the best time to invest in a high potential business for sale in Western Cape to tap into its unutilised potential. Make your pick from the established opportunities mentioned above to gain a competitive edge.