Term of Agreement and Renewal The term of the franchise agreement is 20 years, with an automatic renewal for an additional 20 years if certain conditions are met. The initial franchise fee is $30,000, with a continuing monthly royalty fee of 4% of gross sales for traditional restaurants and 6.2% of gross sales for non-traditional restaurants.
Full Answer
What is a King Pie franchise?
King Pie products are known for its quality, taste, wholesomeness and value pricing. The King Pie franchise is without a doubt the biggest and most successful pie franchise with over 300 outlets in South Africa and African countries like Mozambique, Namibia and Swaziland. 50% of the set up cost must be available as unencumbered funds.
Which is the best Pie franchise in South Africa?
The King Pie franchise is without a doubt the biggest and most successful pie franchise with over 300 outlets in South Africa and African countries like Mozambique, Namibia and Swaziland. 50% of the set up cost must be available as unencumbered funds. What do you get for the investment?
What is the best size for a pie shop?
The King Pie Store model is the most versatile retail format sized between 25 – 40 sqm depending on the retail space available. These shops are designed to perform at its best in shopping centres, high street locations and preference is given to a corner shop situated next to an anchor tenant with high foot traffic.
What is the initial investment for an individual franchise?
There is a wide range for an individual franchise. Your initial investment can vary depending on numerous factors, including the condition of the premises, the amount of construction performed by the landlord, geographic areas, and your capabilities. This information is further explained in our 2019 Franchise Disclosure Document.
How much is Galitos franchise?
Set-up Costs: R1,800,000 - R2,000,000 Excluding VAT. Developed on a Turn-key basis. Monthly Franchising Fee: 5% of Net Turnover. Site Requirements: Ideal premises, between 160 m2 to 180 m2, situated in a highly visible location, (preferably a corner site).
Does pie city still exist?
Pie City is a home-grown business established as far back as 1994. The first few outlets were so successful that, within a year, we began franchising our stores and today we have a strong store base in South Africa, Botswana and Zambia.
Who is the owner of King Pie?
the Bidvest Group LimitedToday, The King Pie Group consists of over 300 franchises and forms part of the Bidvest Group Limited.
How much does a debonairs franchise make in South Africa?
In 2017, the sector consisted of 845 franchisors and over 40,000 franchisees. It employed about 343,000 people and generated sales of R587 billion....Top 20 fast food franchises that make the most money in South Africa.BrandDebonairsRevenue (2017)R1.49 billionGrowth (from 2016)12.5%Franchises (2017)511Revenue per outletR2.9 million19 more columns•Aug 2, 2018
How much is a pie city pie?
Pie City has menu item prices between R25 and R44. Menu items range from lowest priced item Classic Pies - 220g to highest priced item Mega Pie & 350ml Juice. The price range of the menu of Pie City at the store generally varies between: R25 - R44.
Is Pie City halaal?
Our factory holds FSSC certification, our products are certified Halaal and we can also supply baking equipment.
How much is a Steers franchise in South Africa?
How much does the Steers franchise cost? Steers has a franchise fee of R68,000 up to R75,000 (excluding VAT), with a total initial investment range of R1. 97 million to R3. 75 million (excluding VAT).
What meat does King Pie use?
Beef (66%), water, thickener (gluten), onions, seasoning mix (maltodextrin, colour, sugar, spice, flavour, flavour enhancer), vegetable oil (palm fruit).
How much does a sausage saloon franchise cost?
Set-up Costs: R895,000 Including VAT. Developed on a Turn-key basis. Un-encumbered Cash: 70% Excluding VAT. Stock: R 40,000 Excluding VAT.
How much is a KFC franchise?
For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.
How much is KFC franchise in South Africa?
It is hard to determine exactly how much KFC charges to open a new franchise; however, the number has been rumoured to be anywhere between five and six million.
How much does KFC pay a month in South Africa?
How much does KFC in South Africa pay? The average KFC monthly salary ranges from approximately R 2 452 per month for All Rounder to R 9 913 per month for General Manager. Average KFC weekly pay ranges from approximately R 400 per week for Cook to R 700 per week for Packer.
Where is pie capital of the world?
Louth, which is normally known as the 'Capital of the Wolds', became the 'Pie Capital of the World' for a day as part of an initiative to encourage people to shop locally.
Why is it called Pie Town?
Pie Town is located along U.S. Highway 60 in Catron County. Its name comes from an early bakery for making dried-apple pies that was established by Clyde Norman in the early 1920s. Pie Town is the location of a "Pie Festival" on the second Saturday of each September.
How much are the pies at Pie Town New Mexico?
Take and Bake Pies. Prices: $6.50/$8.00 per slice , $32.50 Whole Pie (tax not included).
What is the official pie of California?
California: Lemon Meringue Pie.
What is pie franchise?
Owning a pie franchise is a delicious way to make a living. Many of these food franchises specialize in selling a variety of pies, as well as offering other pastries and mouthwatering desserts. Tourists and residents alike often frequent these pie franchises for one-of-kind creations and quality that's hard to duplicate at home.
Who produces franchising.com?
Franchising.com is produced by Franchise Update Media. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media.
When was King Pie established?
King Pie, a Proudly South African company, was established in 1993 and has been part of consumers' lives for over 27 years. Our products are known for their quality, taste, wholesomeness and value. We are, without a doubt the biggest and most successful pie franchise, with over 300 outlets in South Africa and countries like Mozambique, Nambia and Swaziland.
How big is a King Pie store?
The King Pie Store model is the most versatile retail format sized between 25 – 40 sqm depending on the retail space available. These shops are designed to perform at its best in shopping centres, high street locations and preference is given to a corner shop situated next to an anchor tenant with high foot traffic. Preference will be given to corner shops and high foot traffic area is a determining factor. All equipment and shop fitment is included in the investment price.
What is a King Pie container?
This is an exciting container concept which is a movable unit. This model is designed to reach consumers where there are no shopping centres available for example taxi ranks, train stations, townships, sport stadiums, universities etc. This robust unit, occupying 18sqm can be deployed and commissioned anywhere within a day and can handle all types of weather conditions. Designed in line with the King Pie store concept, it includes all the standard equipment supplied with the store, and all that is required is a water and electricity connection.
How much does a Your Pie franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 72 franchised Your Pie locations in the USA.
When did they begin franchising?
They began franchising in 2008. The average Pizza franchise began franchising in 2006.
How do pies connect people?
Pies connect people to past memories and the love they’ve experienced in their lives. Older men shuffle in alone and quietly savor each bite of their pie, remembering the pies their wives used to make. Women smile wistfully and say how our pies taste like their mother’s pie that they remember from so long ago, pies they could never quite replicate. With a simple concoction of butter, sugar, eggs, and love people instantly travel back to happy times in their lives where they were surrounded with love. That taste of homemade pie makes those memories come to life, even if it is just for a fleeting moment.
What do old men remember about pie?
Older men shuffle in alone and quietly savor each bite of their pie, remembering the pies their wives used to make. Women smile wistfully and say how our pies taste like their mother’s pie that they remember from so long ago, pies they could never quite replicate.
What is the Buttermilk Sky Pie Shop?
The memories of Scott’s Granny and Meredith’s Nanny inspired the creation of the Buttermilk Sky Pie Shop which offers delicious pies and other handmade desserts in a unique and warm environment based on their southern traditions and heritage.
Is there a wide range of franchises?
There is a wide range for an individual franchise. Your initial investment can vary depending on numerous factors, including the condition of the premises, the amount of construction performed by the landlord, geographic areas, and your capabilities. This information is further explained in our 2019 Franchise Disclosure Document.
How much does a Project Pie franchise make?
As with any business, profits from a Project Pie franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .
Are there any Project Pie franchise opportunities near me?
Based on 2015 FDD data, Project Pie has franchise locations in 0 states. The largest region is the West with 0 franchise locations.