The Steps to Open a Clothing Store in South Africa
How much does it cost to start a clothing store?
According to Alli Schultz , a vlogger and boutique owner, the initial startup costs for opening a retail store can average around $48,000. This doesn’t include items that vary based on your geographic location such as the first month’s deposit, insurance, utilities and licensing fees.
How much does it cost to open a retail store in South Africa?
As at 2019, in South Africa, the average cost of these stores was between R10 million and R12 million, but there are now existing stores that start at R8 million. Franchisees require a working capital of R900,000. The biggest, and most expensive, is SuperSpar. These high-end stores must be at least 2,500 square metres in size.
Is clothing business profitable in South Africa?
Yes. There are numerous businesses that can be profitable in South Africa, however one of the most lucrative businesses is clothing and textiles. This is because there is a large demand for clothing and textiles in the country, and there are few businesses that can meet this demand.
How much does it cost to register a clothing brand in South Africa?
Provided you are looking to launch a new clothing brand in South Africa. You need to confirm you are allowed to use your brand name / logo at a cost of R2,500 plus vat; and. Then, file a South African trademark to protect your brand name / logo at a cost of R3,950 plus vat.
