Well explained πŸ‘ πŸ‘Œ πŸ‘ πŸ™Œ πŸ˜€ ☺ KFC & Burger King Issue.

Sanyatti

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7F0E05BB-2AEC-4FAE-9A48-3BDCE39AF8C6.jpegWell explained πŸ‘ πŸ‘Œ πŸ‘ πŸ™Œ πŸ˜€ ☺

KFC & Burger King Issue.

Not many Kenyans understand how franchises are run. To be considered for Kentucky Fried Chicken (KFC) you will need to have a net worth of $1.5 million to $2.5 million and minimum liquid assets of $750,000.

You'll need to come up with $45,000 to pay the franchise fee, and there's a royalty fee of 5.5 percent of gross sales. In addition you will need $995,000 fees paid for start-up costs.

In essence,you are buying into a tested and successful system. One thing about franchises is that the taste of fries in a KFC in Cape Town must be the same with that in Nairobi and USA

You and I are familiar with chips za vidonda. The potatoes must also cost a maximum price. So we are talking consistency in supply, prices,handling and quality.

When you start comparing per KG prices of potatoes and chicken in S.Africa to Kenya,you realize that we are 2 times more expensive.

Poultry is cheaper in Cameroon per KG than it is in Nairobi. Beef is cheaper in Khartoum than it is in Nairobi.

So until we MANAGE our COST of PRODUCTION , none is going to put up a franchise then lose their cash.

Continue shouting boycott KFC Ang'oa!!
 
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