What is Burger King?
Burger King (BK), known as Hungry Jack’s in Australia, is an American-based multinational chain of hamburger fast food restaurants.
How Many Burger Kings Are In South Africa?
Since then, 102 franchises have been opened countrywide, of which 95 are corporate-owned. In November 2021, Burger King was acquired by PE-based private equity firm, Emerging Capital Partners (ECP).
Do they have Burger King in South Africa?
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How much is Burger King franchise 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* |
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.
How is Burger King doing in South Africa?
The numbers behind the deal show just how much the famous American chain is struggling in South Africa. For its current year, Burger King in SA has an EBITDA target of R84 million. That means its stores are making on average R76,000 per month – before major expenses such as tax.