The Managing Director must be approved by the franchisor and must have at least a 5% legal or beneficial ownership interest in the franchise or the right to receive 5% or more of the operating profits of the franchised restaurant. 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. Photo about Johannesburg, South Africa - July 13 2017: Customers at a Popeyes Take Out Fast Food Restaurant. This is evident since the sector has had a 13.35% contribution to the country's GDP. Popeyes is also flexible, as franchisees can invest in free-standing units, in-line restaurants, convenience store units or food court units. Eight new Starbucks coffee shops to open in SA by 2021. An office or location outside of your home should be added to the startup price. To explore additional chicken franchise options, browse our chicken franchise opportunities page. Transaction Fee will be 0.5% and 3.5% of redeemed sales, respectively. Unlike many other franchises, Popeyes Louisiana Kitchen has opened more units in the past three years than it has closed. Note that it takes a strong entrepreneurial spirit to own a franchise. In 2017, the sector consisted of … Franchise Description: Popeyes Louisiana Kitchen, Inc. is the franchisor. In early May 2018, Popeyes announced that it had signed a deal with Uber Eats to expand its delivery service in New York City, Chicago, Miami, and Washington. Rather than invest in a cookie-cutter concept, our iconic vibe never goes out of style! The Army and Air Force Exchange Service operates that Popeyes franchise in a building behind the commissary on the base. in Ask the Experts, Franchising. Set-up costs: Fouche says the set-up costs for a fast food franchise is between R800,000 to R2,7-million. The lowest you can expect to invest is $500,000 if you want to become a franchisee. $5,000 - $7,500 depending upon the year of the Franchise Agreement being transferred. You must sign either a Target Reservation Agreement (“TRA”), a Multiple … 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. By … Initial Franchise Fee: $50,000 Franchise Direct, on the other hand, provides the Popeyes franchise cost based on the type of store. Year of FDD: 2020. Is Your Franchise Fit for South Africa? KFC Franchise for Sale in South Africa. 50% of the then-current, standard initial franchise fee. Franchisees does not guarantee a franchisee’s note, lease or obligation. Find the best franchise and business opportunities for sale with Franchise Direct, South Africa's leading franchise portal. As one of the leading restaurant franchise groups in South Africa, we’re constantly looking to grow the Wimpy Family. You may visit the company’s franchising page to read about the whole application process. 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. Added to our “good looks” we offer an extremely popular, free delivery service to our customers. Skip to content 011 421 7111 info@shieldchem.co.za Franchise Direct's reputation for integrity in the franchise industry has been established over its 20 years in business. Although Popeyes did not disclose how many restaurants would be participating in the ser… However, the numbers include the site work and building expenses. Launches Delivery in Major Markets with Uber Eats 1. TRA Deposit: $10,000. Today we are reviewing the KFC franchise, another huge name in the franchise world and one we are often asked about. As for the cost, the initial training fee could reach up to $22,200. In 2016, 2017 and 2018, it saw 101, 136 and 148 new units respectively. Since it began franchising in South Africa, KFC has attracted a lot of interest. A fun Indian street eats experience ready to be franchised! The above information has been compiled from the FDD of Popeyes Louisiana Kitchen. The losses and expenses the franchisor incurs. The company currently has 1,600 restaurants in the US and is continuing to expand. There are currently 1943 Popeyes Louisiana Kitchen units in operation. instructions how to enable JavaScript in your web browser. 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. Periodically, the franchisor also may make available to franchisees or their employees additional training programs that the franchisor, in its discretion, choose to conduct. The said price does not include the real estate and construction expenses. According to the Franchise Association of South Africa , 47% of new franchisees break even in their first year. RECENT TWEETS. How Much Does California Fishing License Cost, How Much Does It Cost To Open A Grocery Store, How Much Does It Cost To Start a Daycare Center, How Much Would It Cost To Buy A Hot Air Balloon, A free standing restaurant costs more than $948,000 to over $1,687,000 at startup, An in-line restaurant is worth over $604,000 to around $914,000, The initial investment for a conversion restaurant is a little less than $698,000 to over $1.1 million, Other opening costs (signage, technology, supplies, insurance), Signage and technology: $239,172 to $384,586, Signage and technology: $242,000 to $320,019, Signage and technology: $255,195 to $329,835, Development schedule extension fee: $5,000 for each extension, Interest on overdue payments: 1.5% per month/maximum rate allowed by law (whichever is less), Interest on understated sales: 1.5% per month/maximum rate allowed by law (whichever is less), Renewal fee: 50% of the initial franchise fee, Securities offering review fee: $5,000 and up, Supplemental term option: 50% of the initial franchise fee, Trade secret products: $3,000 (initial) and $3,000 monthly during operations, State-of-the-art modeling tools (for the site selection process), Site selection, development, design, and construction support, Show proven expertise in owning or operating restaurants, Have a minimum net worth of $1 million per restaurant, Have a minimum of $500,000 in liquid assets per restaurant, Have a commitment to grow with the company. South Africa is known as the powerhouse of Africa, it is the driving force with the most advanced, broad-based economy in the continent. Find Popeyes Chicken & Biscuits franchise fees and resources and get help from FranchiseClique.com representatives. We are expanding our car wash brand and announcing the Shield Express Car Wash Franchise opportunity to those interested. Popeyes South Africa. The franchise fee is a one-time payment. 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. Sombonos learned the restaurant trade in the 1970s at the Dairy Den, his father’s restaurant in Ridgeway, a suburb in the southern Inner City region of Johannesburg. Franchisees must operate the franchised restaurant in strict conformity with the methods, standards and specifications as prescribed in the manual or otherwise in writing. A reduced franchise fee is available for limited other circumstances as well. For more details on the costs of a Popeyes franchise, please see our Popeyes' FDD page. Mar 1, 2017 - Access our verified contact list for Popeyes. Our first franchise opened in Germiston in 1997 and currently there are 38 stores 8 being company owned. Approximately R6 560 000.00 Plus VAT (but including the items listed under “Initial Working Capital” below) Initial Working Capital Show this to the company early on so you are sure to purchase one. Add in a friendly staff and the respect for the Louisana heritage and you’re sure to have patrons in no time. Interested in owning a Popeyes Chicken & Biscuits franchise? It’s about time Popeyes Louisiana Kitchen brought world famous chicken to South Africa! 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! Price: R 795 000. Good luck! 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. Franchisees may offer products and menu items for sale at whatever price they want except with respect to certain products on the menu designated by the franchisor from time to time, which are subject to a maximum price it sets. The company would assist you in the following: Already submitting your franchise application? Popeyes Louisiana Kitchen shows off its New Orleans heritage with authentic spicy & mild fried chicken, chicken strips, burgers, wraps and signature sides. 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. Currently, 0.25% to 2.6% of gross sales as established by Local Advertising Co-op (in addition to Advertising Fund Contribution). The Protected Area will consist of an area equal to the lesser of: (1) a 1-mile radius around the franchised restaurant; or (2) an area surrounding the franchised restaurant encompassing a population (residential and workplace combined) of 50,000 people. Franchisees must offer for sale and sell at the franchised restaurant all and only those products and services as are expressly authorized by the franchisor in the manual or otherwise in writing. Save my name, email, and website in this browser for the next time I comment. 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. Popeyes will be the one to determine how many is needed in a particular territory. Popeyes seeks individuals who: The company gives greater consideration to those who have a previous franchise experience. Sombonos learned the restaurant trade in the 1970s at the Dairy Den, his father’s restaurant in Ridgeway, a suburb in the southern Inner City region of Johannesburg. 1.5% per month or the maximum rate permitted by law, whichever is less. whichfranchise.co.za is the leading website for franchise information, advice and opportunities in South Africa, and hence one of the top Stay informed! 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. 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. Make sure that you’re qualified based on the company’s standards. Popeyes Louisiana Kitchen has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll The iconic American restaurant brand, Popeyes Louisiana Kitchen, will soon serve authentic Louisiana-inspired chicken in South Africa. Franchise Description: Popeyes Louisiana Kitchen, Inc. is the franchisor. 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. Find information on Popeyes Chicken & Biscuits franchise business opportunities and learn how much it costs to start an Popeyes Chicken & Biscuits franchise business. by Stephen Hanlon October 7, 2020 | Franchise Articles, The Franchise Industry, About Franchising in South Africa, South African Articles. If you want to be an addition to its growth, here’s a guide on the Popeyes franchise cost. 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. The state's first franchise opened on Malmstrom Air Force Base in July 2012. The range doesn’t include real estate. The franchisor is an indirect subsidiary of Restaurant Brands International Limited Partnership. 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. 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. This has a direct impact on the cost of the franchise, however the initial investment per store is likely to be between R800,000 to to R1 million, excluding rental deposits and shop building costs. 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. Popeyes Louisiana Kitchen, Inc. develops, operates and franchises quick-service restaurants under the trade names Popeyes Chicken and Biscuits and Popeyes Louisiana Kitchen. 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. 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. Popeyes franchise opens in Billings Montana's second Popeyes Louisiana Kitchen is open in Billings. The South African growth in economy is largely related to the growth in the emerging market. Note also that you need to comply with the company’s required number of restaurant franchises. This has generated tons of applications. Popeyes gets their Item 19 FPR in their FDD right. You would settle it upon signing of the agreement with the company. How much does a Popeyes Louisiana Kitchen franchise cost? 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. The cost, regardless of the type of store, is $35,000. As a Rawson franchise owner, you’ll be part of the most innovative real estate brand in South Africa * * Global Brand Awards 2017, 2018 & 2019. The next four to six weeks will cover leadership training as well as training modules for (as applicable) a restaurant general manager, assistant restaurant general manager, and shift manager. Discover the latest industry news, videos and franchise information. This is combined with the facilities and know how to train and support franchisees in running a sales and business management franchise. Fortunately, the company allows partnering with other interested parties to buy and operate the business. For instance: The figures at Franchise Direct also do not include the real estate and construction costs. South Africa boasts a diverse economy, driven by the services industry. Application Fee: R20 000.00 (Vat Inclusive) Franchise Fee: R220 000.00 (VAT exclusive) Establishment Costs. Popeyes Franchise Owners List - Telemarketing list to Contact owners of Popeyes Louisiana Kitchen restaurants. The success of the franchise industry in South Africa has led many prospective investors to seek out opportunities in …