Ricochet News

Ricochet Publishing grows its franchises

BY GRAEME LUND - APRIL 6, 2017
Ricochet Publishing grows its franchises

Ricochet Publishing, one of the few successful franchisors based in the Eastern Cape, continues to successfully expand its franchises both in terms of franchisees and franchise offerings.

Most recently, Ricochet Publishing acquired the Kids Connection brand from Wendy Beaufort who gained national recognition for this wonderful publication. Ricochet Publishing has now developed a franchise model for Kids Connection and will be marketing these franchises in the second quarter of 2017.

Wedding and Function, the oldest franchise on offer by Ricochet Publishing, and with franchisees country wide, is looking to fill the last few franchise slots in the country, namely Mpumalanga, Tshwane and Ekhuruleni.

Home Food and Travel, a franchise that Ricochet Publishing developed in 2016 now has three franchisees with more sought throughout the country.

All three franchises are relatively inexpensive to purchase (between R50 000 and R70 000 each excl. VAT) and will start generating revenue for the franchisee within two months of purchase.

The franchises are simple to run and can be managed from home on a flexi hours basis.  They are ideal for stay at home moms, entrepreneurs just starting out or people looking to leave their formal employment in favour of self-employment.

All three franchises deliver a net income of between R10 000 and R30 000 per month to the franchisees, depending on the effort of the franchisee.