Where Can I Buy KFC Franchise In South Africa
KFC South Africa brand owner, Yum International, has noted that the company is not currently looking for new franchisees. However, existing KFC franchisees may elect to sell their businesses, and it is therefore possible to become a new KFC franchisee by purchasing an existing KFC business.
How much is a KFC franchise in SA?
According to the latest franchise data available from KFC, new franchise owners could expect to pay close to R6 million for a new franchise. This number may vary depending on location, size, and operation requirements.
How to buy a franchise with no money in South Africa?
To qualify for bank finance for a franchise, the prospective franchisee needs between 40 and 50% of the total franchise investment in cash or similar unencumbered funds. The bank can finance the balance if the applicant meets the required criteria.
What is the most affordable franchise in South Africa?
These are some of the cheapest franchises you can currently buy in South Africa.
- Motolek. Motolek, owned by the Midas brand, is a chain of roughly 60 auto electrical workshop franchises that operate throughout the country.
- Business Doctors.
- Abacus Maths.
- MiniChess.
- 3@1 Business Centre.
- Battery Centre.
- Tutor Doctor.
- Dream Nails.
Does KFC make more money than McDonalds in South Africa?
Brands’ KFC holds 24.3% of the fast food market by sales in the country. This is still far bigger than its closest rival, McDonald’s, which represents 13% of the market in terms of sales. This is then followed by Nando’s (6.5%), Debonairs Pizza (4.7%), and Wimpy (4.1%).