What is Burger King Franchise?
The majority of the locations of international fast-food restaurant chain Burger King are privately owned franchises.
While the majority of franchisees are smaller operations, several have grown into major corporations in their own right.
How Much Is Burger King Franchise In south Africa?
In order to open a Burger King franchise, one must have a net worth of more than R4 627 395, 50. Burger King’s total initial investment it requires for its franchises is around R4 602 591, 81. This initial amount includes the R711 866, 00 franchise fee.
How much does it cost to open a Burger King in South Africa?
How much it costs to open a fast food franchise in South Africa
| Franchise | Set-up cost | Franchise fee |
|---|---|---|
| Burger King | R5 000 000 | |
| Nando’s | R4 500 000 | R185 000 |
| Chicken Licken | R3 000 000 | R150 000 |
| Pizza Hut | R2 500 000* |
How much does Burger King make a year in South Africa?
Burger King’s total revenue for the year increased by 22.19% from R623. 5 million in the prior year, to R756. 2 million, serving a total of 15.6 million customers (compared to 13.3 million in the prior year).
Is Burger King successful in South Africa?
The Burger King franchise has enjoyed operational success in South Africa, after GPI reworked its strategy on the franchise to focus on profitability rather than expansion. As at December 2019, the group had 97 restaurants, 90 of which are corporate owned.
How can I get Burger King franchise?
How to open a Burger King franchise?
Ensure you have adequate capitalization.
Appreciate the investment required for a restaurant franchise.
Evaluate your prior experience and strengths.
Assess market availability.
Submit your application.
Receive approval & opening your Burger King franchise.
Who is the CEO of Burger King South Africa?
Juan Klopper –
Juan Klopper – Chief Executive Officer – BURGER KING® South Africa | LinkedIn.
How long is Burger King in South Africa?
The very first BURGER KING® restaurant in South Africa opened its doors in May 2013.
A joint venture between Western Cape-based investment company, Grand Parade Investments, and BURGER KING® Worldwide, BURGER KING® South Africa was launched in the Western Cape and continues to expand nationally.