The cost, regardless of the type of store, is $35,000. This is because KFC opens this window of opportunity from time to time. Welcome to Franchising.com's Africa Franchise Guide. Obligations and Restrictions: If more than one individual or a legal entity such as a corporation, partnership or limited liability company owns the franchise, the franchisee must designate and retain an individual to serve as the Managing Director of the franchised restaurant. Note also that you need to comply with the company’s required number of restaurant franchises. ... By executing an aggressive growth plan and aiming to serve the interests of the franchise owners, average Popeyes restaurant sales jumped 25%, ... Popeyes devised cost-effective designs franchisees loved, and they started getting excited about remodelling. Good luck! A Popeyes Restaurant may feature a walk-in format, drive-thru, sit-down, or some combination of these types of formats. As for the cost, the initial training fee could reach up to $22,200. Find Popeyes Chicken & Biscuits franchise fees and resources and get help from FranchiseClique.com representatives. The franchisor is an indirect subsidiary of Restaurant Brands International Limited Partnership. Skip to content 011 421 7111 email@example.com Funding: According to the Franchise Association of South Africa (Fasa), most franchisors will insist that you fund between 30 –50% of the complete investment from your own resources. Popeyes distinguishes itself with a unique “Louisiana” style menu that features spicy chicken, chicken tenders, biscuits, fried shrimp and other seafood, red beans and rice and other quick-service menu items. Receive FREE updates on the latest franchise opportunities and more! According to Debonairâs latest franchising documentation, new franchise owners can expect to pay between R800,000 â R1,400,000. As one of the leading restaurant franchise groups in South Africa, we’re constantly looking to grow the Wimpy Family. These countries include Ghana, Kenya, Uganda, Zambia and other areas in Sub-Saharan Africa. Get access to exclusive coupons. All Rights Reserved. You would settle it upon signing of the agreement with the company. Thanks for sharing your details, we’ll be in touch shortly, Please enter your details to request a FDD download link. Shoney’s has made an impact on America for over 70 years—and now we’re better than ever! Popeyes Chicken Financial Breakdown Prior to being approved for your Popeyes franchise, you will have to prove that you have a minimum of $500K in liquid assets and a minimum net worth of $1M.Previous experience in a franchise is a huge advantage. 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. For instance: The figures at Franchise Direct also do not include the real estate and construction costs. 50% of the then-current, standard, initial franchise fee. From July 13, 2017, guests can experience the mouth-watering menu at the first Popeyes restaurant in South Africa, located in the Sandton City food court. By â¦ Find information on Popeyes Chicken & Biscuits franchise business opportunities and learn how much it costs to start an Popeyes Chicken & Biscuits franchise business. An office or location outside of your home should be added to the startup price. A new chicken has come to roost in the richest square mile in Africa. According to the Franchise Association of South Africa , 47% of new franchisees break even in their first year. Visit the SA Department of Health's website for COVID-19 updates: www.sacoronavirus.co.za by Stephen Hanlon October 7, 2020 | Franchise Articles, The Franchise Industry, About Franchising in South Africa, South African Articles. TRA Deposit: $10,000. When you become a Wimpy franchisee, you can rest assured that we will provide you with all the training necessary to help you make a success of your business. Popeyes Louisiana Kitchen has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll However, you need not worry. The limited exclusivity granted in the Protected Area does not apply to: (a) existing Popeyes restaurants, (b) any closed Popeyes restaurants that may re-open within three years from the closing date of such restaurant; and (c) restaurants for which Franchise Agreements were previously granted. There are currently 1943 Popeyes Louisiana Kitchen units in operation. Term of Agreement and Renewal: The length of the initial franchise term is 20 years from the date of commencement of operation of the franchised restaurant. Our first franchise opened in Germiston in 1997 and currently there are 38 stores 8 being company owned. Discover our menu and order delivery or pick up from a Popeyes near you. South Africa boasts a diverse economy, driven by the services industry. Tweets by OneEnergySA. Popeyes Franchise Owners List - Telemarketing list to Contact owners of Popeyes Louisiana Kitchen restaurants. We are expanding our car wash brand and announcing the Shield Express Car Wash Franchise opportunity to those interested. Transaction Fee will be 0.5% and 3.5% of redeemed sales, respectively. Franchise financing organisations: Nandoâs: Fees. Rather than invest in a cookie-cutter concept, our iconic vibe never goes out of style! Make sure that you’re qualified based on the company’s standards. Application Fee: R20 000.00 (Vat Inclusive) Franchise Fee: R220 000.00 (VAT exclusive) Establishment Costs. Today we are reviewing the KFC franchise, another huge name in the franchise world and one we are often asked about. The average setup cost for … In 2017, the sector consisted of â¦ Chicken Licken was founded in South Africa by George Sombonos, the son of a Greek immigrant restaurant owner. Prepare about $300 to $600 for the permit regardless of the type of restaurant you plan to put up. […] Continue Reading. Although Popeyes did not disclose how many restaurants would be participating in the serâ¦ This is combined with the facilities and know how to train and support franchisees in running a sales and business management franchise. Franchise Description: Popeyes Louisiana Kitchen, Inc. is the franchisor. To be able to operate under the companyâs name, you should first settle the Popeyes franchise startup fee. Kauai has been leading the healthy food movement in South Africa since the brand opened its first store in Cape Town in 1996, where the brand started. An error has occurred please try again later. The franchisor and its affiliates have the right to sell, assign or discount to a third party all or part of any amounts franchisees may owe to the franchisor or to its affiliates. Through careful product selection and placement, OBC is increasingly poised to benefit from this reality. Note, however, that Franchise Direct included the following expenses for each type: Note also that Popeyes allows restaurant development in airports, shopping malls, campuses, and other non-traditional locations. 36 Fast Food Franchises Available For Sale in South Africa Today on BFS, ... Prime and profitable fast food franchise in mall of africa. Not only is the food good, but they also have a clean and decent seating area upstairs, which isn't the case with many of the other restaurants in the food court! The success of the franchise industry in South Africa has led many prospective investors to seek out opportunities in â¦ Know that you’ll receive strong support once you become a Popeyes franchise owner. Last year, the fast food sector made up 13.3% of South Africaâs GDP, a big increased from the 9.7% in 2014. Franchise Direct, on the other hand, provides the Popeyes franchise cost based on the type of store. However, the numbers include the site work and building expenses. Photo about Johannesburg, South Africa - July 13 2017: Customers at a Popeyes Take Out Fast Food Restaurant. Price: R 795 000. Add in a friendly staff and the respect for the Louisana heritage and you’re sure to have patrons in no time. Launched in August 2011, the One Energy Group is the largest and most successful Renewable Franchise network in South Africa with a national footprint of OVER 30 branches as at the beginning of January 2017. The range doesn’t include real estate. Popeyes gets their Item 19 FPR in their FDD right. Copyright © 1998-2020 Franchise Direct. November 4, 2020 8:00 am The Daily Coffee Group, a fast-growing and truly South African coffee franchise group, introduced its latest coffee franchise model, The Daily Coffee Expres; 4. Since it began franchising in South Africa, KFC has attracted a lot of interest. Find the best franchise and business opportunities for sale with Franchise Direct, South Africa's leading franchise portal. Cost of testing new products and inspecting new suppliers. Find information on Popeyes Chicken & Biscuits franchise business opportunities and learn how much it costs to start an Popeyes Chicken & Biscuits franchise business. You are also responsible for paying the following fees as a franchise owner: Other fees have variable costs including: You and your employees should undergo training via the Popeyes Management Certification Program. Currently, 0.25% to 2.6% of gross sales as established by Local Advertising Co-op (in addition to Advertising Fund Contribution). Image of fried, franchise, meal - 140234144 Popeyes chicken vows Africa caution after Johannesburg opening The latest in a flurry of well-known US fast-food chains to test the South African market. Franchise fees are payable in most franchise agreements. 5 Mistakes to avoid when buying a franchise. A new chicken has come to roost in the richest square mile in Africa. The next step requires the payment of a R230,000 franchise fee. The state's first franchise opened on Malmstrom Air Force Base in July 2012. Mar 1, 2017 - Access our verified contact list for Popeyes. Once the company receives the form, someone from the team would talk to you. The franchise fee is a one-time payment. Periodically, the franchisor also may make available to franchisees or their employees additional training programs that the franchisor, in its discretion, choose to conduct. Popeyes would probably be one of my go-to places in the Sandton Food Court. South African franchisee, Siyaghopa Trading Group, will be opening its first Popeyes Louisiana Kitchen quick service restaurant (QSR) in Sandton City, Johannesburg on 13 July 2017. Franchisees must operate the franchised restaurant in strict conformity with the methods, standards and specifications as prescribed in the manual or otherwise in writing. Save my name, email, and website in this browser for the next time I comment. Franchise Description: Popeyes Louisiana Kitchen, Inc. is the franchisor. The losses and expenses the franchisor incurs. Image of franchise, louisiana, meat - 138210707 Popeyes Franchise Owners List - Telemarketing list to Contact owners of Popeyes Louisiana Kitchen restaurants. If the franchised restaurant is the franchisee’s first Popeyes restaurant, then before the franchisee opens or takes possession of the restaurant, a minimum of five of the designated management employees (the franchisor will decide the final number), including the Managing Director, must complete (to the franchisor’s satisfaction) PTP for their applicable management role at the restaurant. In 2016, 2017 and 2018, it saw 101, 136 and 148 new units respectively. Product Testing, Inspections and Approval. The company currently has 1,600 restaurants in the US and is continuing to expand. How much does a Popeyes Louisiana Kitchen franchise cost? SA Franchise Warehouse is a service provider to the franchise industry and offers a number of franchisor and franchisee focused solutions. whichfranchise.co.za is the leading website for franchise information, advice and opportunities in South Africa, and hence one of the top Stay informed! Most people would consider any entry-level under R100,000 and definitely anything under a R50,000 initial investment to be a low-cost franchise. Popeyes Chicken & Biscuits Franchise Information: Love That Chicken ® The Popeyes story began in New Orleans back in 1972, with one restaurant and a commitment to quality and service, thirty-five years later, Popeyes Chicken & Biscuits is the 2nd largest quick-serve chicken concept with over 1800 restaurants worldwide and millions of satisfied customers served yearly. This fee generally includes the right to operate under the companyâs name, training, research and assistance regarding site selection and lease negotiations, as well as assistance during the pre-opening and launch process. Popeyes is also flexible, as franchisees can invest in free-standing units, in-line restaurants, convenience store units or food court units. One renewal term of 10 years, subject to contractual requirements is available, as well as an option to purchase up to one additional 10 year “Supplemental Renewal Term.”. New, relocatable coffee franchise model – a first for South Africa. Explore franchise opportunities, resources, news, and feature articles about franchising in Africa. Shell South Africa’s commitment to transform its business to reflect a retailer profile that represents the demographics of our country remains an imperative priority for us. Set-up costs: Fouche says the set-up costs for a fast food franchise is between R800,000 to R2,7-million. Be the first to know! Get your finger in the fast food franchise pie with Sandwich Baron, South Africa… Popeyes Louisiana Kitchen shows off its New Orleans heritage with authentic spicy & mild fried chicken, chicken strips, burgers, wraps and signature sides. RECENT TWEETS. Aside from the Popeyes franchise startup fee, you should secure your business license. The iconic American restaurant brand, Popeyes Louisiana Kitchen, will soon serve authentic Louisiana-inspired chicken in South Africa. When we talk about franchising in the continent of Africa, it is obvious that South Africa is one of the leading countries that participate in this Business model.Statistic shows that there are more than 600 brands in South Africa publicly offering franchise business opportunities through various print and digital media platforms, exhibitions and other advertising campaigns. One it makes it clear to franchise buyers what the financial performance historically has been and two it helps mitigate potential franchise lawsuits for non-compliant earnings claims by â¦ Neither the company nor Franchise Direct provided an estimate for real estate and improvement expenses. Attendance at these training programs may be mandatory. A Popeyes restaurant may feature a walk-in format, drive-thru, sit-down, or some combination of these types of formats, with the franchisor’s approval. The franchise fee is a one-time payment. Cost of obtaining coverage plus interest and a reasonable administrative fee that the franchisor will set. Popeyes will be the one to determine how many is needed in a particular territory. Popeyes restaurants are quick service restaurants offering a limited menu of lunch and dinner products, and in certain restaurants approved by the franchisor, breakfast products. This attributes to R721 systems with 30,528 having managed to employ more than 343,319 people across the country. Training Overview: Certain of the franchisee’s management employees must complete (to the franchisor’s satisfaction) the Popeyes Training Program (PTP) for their applicable management role at the franchised restaurant. Is Your Franchise Fit for South Africa? Your initial investment for a Popeyes franchise also includes the following expenses: Remember to secure another $20,000 to $30,000. Data published by the Franchise Association of South Africa (FASA) shows that the sectorâs performance remains on an upward trend. The OBC Chicken and Meat brand identity is underscored by the strong brand imagery of red, orange and yellow with the now familiar chicken logo. Franchisees must use the franchised restaurant solely for the operation of a Popeyes restaurant and must keep the franchised restaurant open and in normal operation for the hours and days as specified in the manual or otherwise in writing. Popeyes restaurants are quick service restaurants offering a limited menu of lunch and dinner products, and in certain restaurants approved by the franchisor, breakfast products. Popeyes Chicken & Biscuits Franchise Information: Love That Chicken ® The Popeyes story began in New Orleans back in 1972, with one restaurant and a commitment to quality and service, thirty-five years later, Popeyes Chicken & Biscuits is the 2nd largest quick-serve chicken concept with over 1800 restaurants worldwide and millions of satisfied customers served yearly. This additional fund would cover the regular expenses during the first three months of operation. The cost, regardless of the type of store, is $35,000. Territory Granted: When franchisees sign a Franchise Agreement for a franchised restaurant that is not an Alternative Venue, franchisees will be granted a geographic area within which the franchisor will not open, nor license anyone other than the franchisee to open, a Popeyes restaurant during the term of the Franchise Agreement. You must sign either a Target Reservation Agreement (âTRAâ), a Multiple â¦ Interested in owning a Popeyes Chicken & Biscuits franchise? Show this to the company early on so you are sure to purchase one. You would settle it upon signing of the agreement with the company. An amount up to $4,000 - $6,000 per study. Popeyes is also flexible, as franchisees can invest in free-standing units, in-line restaurants, convenience store units or food court units. From July 13, 2017, guests can experience the mouth-watering menu at the first Popeyes restaurant in South Africa, located in the Sandton City food court. Popeye's has been around since 1972 and offers a New Orleans, Louisiana style fast food menu that includes spicy chicken, chicken tenders, fried shrimp and other seafood options. The lowest you can expect to invest is $500,000 if you want to become a franchisee. Other expenses included in the initial investment are: To be able to operate under the company’s name, you should first settle the Popeyes franchise startup fee. 50% of the then-current, standard initial franchise fee. Popeyes Louisiana Kitchen has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll The sector now consists of 845 franchisors and more than 40 000 franchisees. PTP can last as long as six to ten weeks, the first two to four weeks of which consist of an orientation and team member station training until the trainee meets the franchisor’s proficiency standards. Secondly, banks are more willing to provide financing to a franchising venture. The franchised restaurant must at all times be under the direct, on-premises supervision of a Popeyes Certified Manager. South Africa is known as the powerhouse of Africa, it is the driving force with the most advanced, broad-based economy in the continent. The most you would expect to invest in a Popeyes Louisiana Kitchen location is $1,000,000. 1.5% per month or the maximum rate permitted by law, whichever is less. Minimum Investment for the franchise: As a prospective Business Partner you are required to have 50% unencumbered cash. $5,000 - $7,500 depending upon the year of the Franchise Agreement being transferred. That said, the franchisor will only grant development agreements if the area can justify a minimum of 5 units. This has generated tons of applications. This is because the cost would depend on your location and the type of development for your unit.