Fastway Couriers Franchise for Sale
Fastway Couriers is the world’s largest courier franchise that has operations in South Africa, New Zealand, Ireland, Australia and Northern Ireland.
There are two distinct franchise opportunities: Regional and Courier Franchises.
- Regional Franchises: The investment required for a Regional Franchise is dependent on the individual market dynamics of the location. The Establishment Fee ranges from R150,000 upwards dependent on location. As thirteen of our Regional Franchisees have already been sold, we only have two Regional Franchisees available, namely Port Elizabeth and East London which are priced at R450 000 and R350 000 respectively. This excludes set up set up costs and working capital.
- Smaller Regional Franchises: For a smaller regional franchise you would require the establishment Fee, capital of approximately R300,000 to fit out the operation, plus working capital.
The investment required for a Fastway Courier Franchise ranges from R50,000 upwards depending on the cost of the franchise area or income guarantee and the price of the vehicle used.
- A vehicle
- The fee for the franchise territory
- Training fee (R5,000 once off per territory)
- Handheld scanner
- Marketing material etc.
A list of items will be provided on request. Franchise territory areas range from R45 000 upwards.
What is the cost of a Regional Franchise?
The investment required is dependent on the individual market dynamics of the Regional Franchise location.The Establishment Fee ranges from R350,000 upwards dependent on location. All costs exclude VAT.The Regional Franchise has ongoing monthly running costs which include the depot lease, salaries of employees, and various other running costs.
What is the cost of a Courier Franchise?
A Courier Franchisee is granted an exclusive territory. The territory is granted in perpetuity. As the business develops portions of the territory can be split and sold to create a capital gain. There are no ongoing royalties or fees. There are established territories for sale in all existing Regional franchises. Fastway currently have over 200 franchisees in South Africa
The investment required for a Courier Franchise ranges from R50,000 upwards depending on the cost of the franchise area, income guarentee and the price of the vehicle used.
You will need sufficient funds to pay for a vehicle, the fee for the franchise territory, training, handheld scanner, uniform, marketing material etc. You would also require an amount for working capital. A list of items will be provided on request.
The cost of Fastway Courier Franchise territories range from R50 000 upwards. There is a once -off training fee of R5,000 per territory. Approximate total start-up costs range from R90,000 upwards dependent on the cost of the territory and the value of the vehicle you purchase.
A late model, long wheel base white van with a large cubic metre capacity is to be provided by the Courier Franchise.
Expansion in South Africa
Fastway launched in South Africa in 2009 offering, once off “Greenfield” Courier Franchise opportunities. As at July 2014 regions are open in Pretoria, Johannesburg, Durban, Cape Town, Polokwane, Klerksdorp, George, Vereeniging, Rustenburg, Bloemfontein, Witbank, Harrismith and Nelspruit. Fastway still needs to expand to the Eastern Cape (Port Elizabeth and East London) .
- East London
- Port Elizabeth
We are already operational in Pretoria, Rustenburg, Johannesburg, Durban, Cape Town, Polokwane, Klerksdorp, Bloemfontein, Vereeniging and George.
- Kwa-Zulu Natal
- Cape Town
Training and Support
How we train and support you
Training and support to Regional and Courier Franchisees is both comprehensive and ongoing.
Prior to commencing with the business, an in-depth 3 week training program is undertaken by the Regional Franchisee and its staff. It is expected that the Regional Franchisee and its staff successfully undertake the end of training examination.
The National Franchise Support Office (FSO) provides onsite training and support for a period of one week prior to the commencement date. On commencement of the business, “full time” on-the-ground support is provided by the FSO for a period of one month. Thereafter, the FSO provides a minimum of 2 days per month support and assistance to the Regional Franchisee.
A Courier Franchisee undertakes an in-depth classroom and practical training program prior to commencement. Courier Franchisees are expected to successfully complete the daily examinations. On the commencement of the business a 20 week support program is provided. Thereafter training is conducted on a weekly basis, with specific personalized support being provided weekly in respect of sales, and monthly in respect of business planning and review.
Who’s Ideal for a Fastway Franchise?
No transport experience is necessary. An experienced business person with good business acumen is a requirement, an individual that is sales orientated, with the ability to work within a team environment, ability to lead, and must be prepared to comply and follow a system.
A husband and wife team works well in this environment.
Courier Franchisees come from all walks of life and no experience in the transport industry is necessary. A prerequisite is a stable background; to be physically capable of performing the role of a Courier Franchisee, an outgoing personality, hands on, must be prepared to follow a proven system, and an individual that is seeking an opportunity to develop and run their own business.
About Fastway Courier Franchise
It is a highly successful global organisation, and has won over 59 franchise and industry awards.
Fastway has in excess of 63 regional franchisees and 1 200 courier franchisees.
New Franchisees can choose between two distinct Franchise Opportunities
Regional Franchise Opportunities
Regional Franchisees operate a courier depot facility within a specified region. From this depot, the Regional Franchisee employs office staff to provide support to Courier Franchisees in the areas of administration, operations, sales, marketing, technology and customer service.This is a total business management franchise that requires a skilled business person with strong business acumen, good leadership skills and the willingness to take a hands-on approach.Our Regional Franchisees come from all walks of life. Over the years, those that succeed are enthusiastic and energetic with a strong customer service focus and the desire to build a successful business within the guidelines of the Fastway franchise system.
Courier Franchise Opportunities
A Courier Franchisee is granted an exclusive territory within a region and the franchise is granted in perpetuity. Opportunity exists to create goodwill and significant capital gains.It is a 5 day business week, and there are no ongoing royalties and marketing fees.Comprehensive training, support and assistance is provided prior to commencement and on an ongoing basis.Fastway operates in a unique market niche which has been Fastway’s success in all the countries where it is located. The Fastway philosophy is; low cost, pre-paid, easy to use systems, transparent pricing, leading edge technology and personalised service levels.