\n<\/strong>(840 restaurants)<\/p>\n
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.<\/p>\n KFC South Africa brand owner, Yum International, has noted that the company is not currently looking for\u00a0new franchisees.<\/p>\n However, existing KFC franchisees may elect to sell their businesses,\u00a0and it is therefore\u00a0possible\u00a0to become a new KFC franchisee by purchasing an existing KFC business.<\/p>\n According to the latest franchise data available from KFC, new franchise owners could expect to pay close to R6 million for a new franchise<\/strong>.<\/p>\n With the only option to now buy a franchise from a current owner, perspective franchisees can expect this number to increase or decrease slightly depending on a number of factors such as location and demand.<\/p>\n Steers – R1.7 million One of the cheapest franchise options on the list, Steers franchisees can pay between R1.7 million – R2.5 million<\/strong> depending on the size and type of restaurants they want.<\/p>\n The initial franchise fee\u00a0is R159,900 for\u00a0a Standard Steers, while the fee for a drive-thru Steers is slightly increased at\u00a0R175,700.<\/p>\n Approximate set up cost for a Standard Steers is R1,650,000 excluding VAT, joining fee and contingency. Set up cost includes equipment, shopfitting, wet works, furniture and fixtures.<\/p>\n In comparison, the approximate set up cost for a drive-thru Steers is R2,350,000.<\/p>\n In addition, Steers franchise owners are expected to pay\u00a06% of their monthly turnover in royalty and 5% of monthly turnover for advertising .<\/p>\n Wimpy – R1.9 million New Wimpy Franchisees can expect to pay between R1.9 million – R2.5 million<\/strong> and an initial franchisee fee of\u00a0R114,300 (excluding VAT).<\/p>\n Franchisees are also expected to pay 7% of their turnover in management fees and\u00a05% of their turnover in royalties.<\/p>\n Debonairs – R800,000 According to Debonair’s South Africa’s franchising documentation, new franchise owners can expect to pay between R800,000 – R1,400,000<\/strong>.<\/p>\n In addition, franchisees can expect to pay an additional R100,500 as an initial franchise fee.<\/p>\n Similar to other Famous Brand-owned restaraunts, franchisees are also expected to pay 7% of their turnover in management fees and\u00a05% of their turnover in royalties.<\/p>\n Nando’s – R6 million More than any other restaurant, Nando’s gives perspective franchisees an almost exact breakdown of how much a new franchise is expected to cost.<\/p>\n The total amount of\u00a0R6,060,000 (excluding VAT)<\/strong>, is broken down into:<\/p>\n McDonald’s – R4 million According to McDonald’s South Africa, the cost of a franchise will vary, with\u00a0actual costs only determined when an individual franchise is offered to an applicant.<\/p>\n The size of the restaurant, location, pre-opening expenses, inventory, selection of equipment, signage, seating and style of decor and landscaping will affect this cost.<\/p>\n This means that\u00a0McDonald’s South Africa estimates the cost of a franchise to be anywhere between\u00a0R4 million – R6 million<\/strong>, depending on the type of restaurant and other factors.<\/p>\n Applicants are are also expected to have a\u00a0minimum of 35% of the purchase price of a restaurant in unencumbered, non-borrowed cash.<\/p>\n McDonald’s South Africa also does not allow partnerships or absentee investors of any kind.<\/p>\n Chicken Licken – R4.8 million![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2015\/06\/KFC.png\")
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\n<\/strong>(542\u00a0restaurants)<\/p>\n<\/a><\/p>\n
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\n<\/strong>(492\u00a0restaurants)<\/p>\n<\/a><\/p>\n
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\n<\/strong>(473 restaurants)<\/p>\n<\/a><\/p>\n
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\n<\/strong>(300\u00a0restaurants)<\/p>\n<\/a><\/p>\n\n
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\n<\/strong>(241\u00a0restaurants)<\/p>\n<\/a><\/p>\n
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\n<\/strong>(240\u00a0restaurants)<\/p>\n