News (21)

The latest franchise news

Mike’s Kitchen is opening new restaurants again – here’s how much a franchise costs

Mike’s Kitchen, one of oldest family restaurant chains in the country, is back in Kwa-Zulu Natal following its first store opening in Salt Rock, in June.

This represents the first new store opening since franchise private equity specialist, NRD Capital, acquired the group in late 2017.

NRD, with its headquarters in US, said it occupies a unique niche in the franchisee and franchisor business arena. “We are known as the franchising guys – that’s our core competency,” said new Mike’s Kitchen CEO, Salim Shermohammed.

Read the full article on BusinessTech

What to consider when purchasing a franchise

South Africa punches above its weight when it comes to franchising, and food franchising in particular. Franchise Association of SA (Fasa) statistics show that 88% of franchises in SA are home-grown brands, with only 12% from abroad. Franchising’s contribution to GDP is 13.3%, making it a substantial force in the economy.

Read the full article on Moneyweb

Popeyes cock-a-hoop over launch

A new chicken has come to roost in the richest square mile in Africa. Popeyes Louisiana Kitchen is set to open its doors in Sandton next week, but feathers are set to fly as the New Orleans-based brand muscles in on territory ruled by KFC and Chicken Licken.

Read the full article on Bizcommunity

Subscribe to this RSS feed