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RocoMamas Guide: Franchising KFC in South Africa. Although several franchise opportunities require no prior experience, having some form of experience stands you out. This is even more appreciated for franchise opportunities attracting a lot of interest from prospective franchisees. Related Articles: KFC Franchise Opportunities for Sale in South Africa 2019-06-14 · How much it costs to buy a franchise in South Africa. The initial franchise fee is R150,000.00.
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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 Last year, the fast food sector made up 13.3% of South Africa’s GDP, a big increased from the 9.7% in 2014. The sector now consists of 845 franchisors and more than 40 000 franchisees. Transfer to an Existing KFC LLC Franchisee: $4,500 for the first outlet and $2,250 for each additional outlet in the same transaction. Transfer to a New KFC LLC Franchisee: $9,000 for the first outlet and $4,500 for each additional outlet in the same transaction.
Although several franchise opportunities require no prior experience, having some form of experience stands you out.
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KFC is consistently rated South Africa’s favourite franchise, and is one of the world’s top ten brands. How to become a KFC franchisee: KFC sets itself very high standards, only accepting ‘exceptionally qualified individuals or organisations’ as franchisees. In recent years, the country has seen the arrival of several new big international brands. But most of the established food franchise businesses in South Africa are operated by just a handful of holding companies. This means purchasing a Steers, KFC, Mugg & Bean, Nandos or McDonalds franchise will typically cost millions in franchise and set up fees.
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Since then, the company has established hundreds of store worldwide.