Despite KFC being by far the most popular fast food franchise in South Africa, it is not likely to increase its number of restaurants any time soon.
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.
According to the latest franchise data available from KFC, new franchise owners could expect to pay close to R6 million for a new franchise.
With the only option to now buy a franchise from a current owner, prospective franchisees can expect this number to increase or decrease slightly depending on a number of factors such as location and demand.
KFC (Pty) Ltd, a subsidiary of Yum! Brands, Inc. is a global quick service restaurant brand with a rich history of global success and innovation serving great tasting chicken across a number of global territories.
It all started with one cook, Colonel Harland Sanders, who created a Finger lickin’ Good recipe of 11 herbs and spices more than 75 years ago. KFC is sold in over 125 countries and territories around the world, with more than 20 500 restaurants. KFC has been in South Africa for over 48 years and has just under 900 restaurants across the country. The first KFC restaurant opened in 1971 in Orange Grove, Johannesburg and there are an additional 160 KFC restaurants in 15 countries outside South Africa. These countries include Ghana, Kenya, Uganda, Zambia and other areas in Sub-Saharan Africa. Last year KFC was voted Top brand in the Sunday Times Top Brands awards and for the last 18 years has been the most loved fast food brand.