How To Franchise KFC In South Africa

How To Franchise KFC In South Africa

Learn more about how to franchise KFC In South Africa;

What is franchise?

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion.

How much does it cost to franchise a KFC?

Kentucky Fried Chicken Franchise Cost / Initial Investment / Kentucky. The franchise fee to become a KFC franchise owner is $45,000, with an estimated startup costs totals ranging between $1.2 million and $2.5 million. A 5% royalty fee on gross monthly receipts is paid to the company.

How do I become a KFC franchise owner?

KFC requires franchisees to have $1.5 million net worth and $750,000 liquid assets to apply for a store. Collect your financial information and income tax records and meet with a business lender to prequalify for a franchise loan.

How can I open a KFC franchise?

To open a KFC outlet, you need to check the official website. Go to the established KFC website, click the “Contact Us” option. Choose the Franchise option and fill out the application form.

How much is a franchise of KFC in South Africa?

KFC South Africa brand owner, Yum International, has noted that the company is not currently looking for new franchisees. According to the latest franchise data available from KFC, new franchise owners could expect to pay close to R6 million for a new franchise.

Can I invest in KFC?

If you want to start your own KFC, by far South Africa’s biggest fast-food franchise, you’re out of luck. The holding company is not currently looking to establish new franchises in South Africa.

How much does it cost to open a franchise in South Africa?

According to the latest Franchise Association of South Africa (FASA) the average upfront fee (not total initial investment) is R209 000. The amounts range from: R460 000 for a personal services outlets to. R74 000 for a childcare, education and training outlets.

Which franchise makes the most money in South Africa?

Which franchise makes the most money in South Africa?

  • KFC – from R6 million.
  • Nando’s – from R7 million.
  • Debonairs – from R2 million.
  • Steers – from R1.7 million.
  • McDonald’s – from R4 million.
  • Chicken Licken – from R4.8 million.
  • Roman’s Pizza – from R2.4 million.