World renowned fast-food chain McDonald’s has shown intent to set up a franchise in Kenya’s capital Nairobi by inviting applications from investors.
According to a statement from McDonald’s, investors who have retail experience and “willingness to devote full-time to the real estate market (and) significant capital” are encouraged to send their applications.“We will retail all information sent to us in a database and give you consideration if we take steps to develop McDonald’s restaurants in Kenya,” read the statement in part.
The restaurant chain’s chief executive announced earlier this year expansion plans into the African market, but did not give any timelines.
McDonald’s entry into Nairobi adds to the growing number of international franchise setting base in Kenya among them, Subway and Kentucky Fried Chicken (KFC) who are setting up expansion plans.
KFC entered the East African market three years ago with five restaurants while the sixth one in the pipeline.
The franchise contracts with global fast food chains are usually very capital-intensive with similar ventures like KFC’s latest store costing $1 million (Sh90 million) to set up.
American fast food chain Domino’s Pizza, ice cream seller Cold Stone Creamery and South Africa-based sea food restaurants Ocean Basket opened outlets attracted by a growing population of middle-income consumers.
5 comments
Give an update of where the new franchise is located in Nairobi for us to apply ,
Looking forward far a chance to work with you here in kenya
it is good to hear this. We applied for franchise in 2014 and are still eagerly waiting. Let us know when you intend to establish.
looking forward for a chance to work with you.
Thank you in advance
Notify me when all is ready to apply for a job at McDonald