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KFC operates restaurants in several Asian countries. In Sri Lanka, KFC was launched in 1995 at Majestic City. There were 62 KFC restaurants in Sri Lanka as of April 2024. [19] It is currently operated by Cargills Ceylon PLC. In Singapore, the first KFC franchise was opened in 1977 along Somerset Road. In 1993, KFC Singapore was the first KFC in ...
This is a list of countries with KFC franchises. In 2024, there are at least 29,000 KFC outlets in 147 countries and territories in the world where 10,000 of those stores are in China alone. [1] The first KFC franchise opened in the United States in 1952. [2] The first overseas franchise was established in the United Kingdom in May 1965.
Buying your own KFC franchise takes more than chicken feed. According to company documents, the cost to open a restaurant that is newly built ranges from $1.44 million to $3.16 million.
In October 2015, TDR Capital purchased a minority stake in Euro Garages. [27]In February 2016, Euro Garages formed a franchise partnership with KFC. [28]In October 2016, Euro Garages merged with TDR Capital's European Forecourt Retail group (EFR), to create Intervias Group, a new group comprising 1,450 locations, with a presence in the UK, France, the Netherlands, Belgium and Luxembourg.
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By March 2002, the Tricon-Yorkshire multibranding test consisted of 83 KFC/A&Ws, six KFC/Long John Silver's and three Taco Bell/Long John Silver's and was considered successful by the companies. [16] In 2001, KFC started test restaurants in Austin, Texas, called "Wing Works", a chicken wing line sold with one of a few flavored sauces.
Restaurant Brands was formed to acquire shares in KFC and Pizza Hut from PepsiCo. It acquired KFC in 1989 and Pizza Hut in 1995. The company originally purchased 122 stores, 91 KFC stores, 46 Pizza Hut stores and 2 Joint KFC and Pizza Hut stores. In 1997, it listed on the New Zealand Stock Exchange with an offer price of NZ$2.20.
In Ireland, the retail sector provides one of the largest sources of employment in the economy, representing over 12% of the workforce. [1] As of 2017, approximately 40,000 wholesale and retail businesses employed almost 280,000 people in Ireland, [2] [1] with the Department of Enterprise, Trade and Employment reporting that 90% of these businesses were Irish-owned.