Your Route to Real News

Full list of 13 KFC branches suddenly closed for good

28 June 2024 , 19:15
989     0
Plus the closest alternative if your branch is affected
Plus the closest alternative if your branch is affected

A STRING of 13 KFC branches are set to permanently close - leaving fast food fanatics heartbroken.

Loyal customers have been crying "it's a shame" as yet another of the restaurants announces it will shut up shop.

KFC has announced the closure of another branch qeituitriqqhprw
KFC has announced the closure of another branchCredit: Getty

A KFC in Weymouth, Dorset is among more than a dozen that have suddenly closed after its franchise holder entered administration.

The branch of the fast food chain in St Mary Street in the town centre has abruptly shut after franchise holder Caskade entered administration.

Further locations in Maidstone, Crayford and Bournemouth are among those affected.

From tongue scraping to saying no, here are 12 health trends to try in 2023From tongue scraping to saying no, here are 12 health trends to try in 2023

Among 53 KFC outlets owned by Caskade, administrator Begbies Traynor said 40 of these restaurants have been bought by another franchise, Adil Group.

It means they will continue to stay in business under new ownership.

But 13 locations were not saved as part of the rescue deal

Begbies Traynor said: “We can confirm the successful sale of 40 branches previously operated by a single KFC franchisee to Adil Group."

It added: “The sale to the new owners is a positive outcome for the majority of branches and employees within the portfolio.

"Adil Group has been a successful KFC franchisee for more than 20 years, currently operates 73 KFC restaurants across the UK, and will provide the former Caskade KFC branches with a sound financial footing for the future.”

Administration is when all control of a company is passed to an appointed to a licensed insolvency practitioner.

It doesn’t necessarily mean the end of the business though.

All or parts of the business could still be sold if an interested buyer is found - as is the case here.

Administrators will try to help a company find ways to repay debts or solve its cashflow problems.

I'm a nutritionist - here's the 10 best diet trends to help lose weight in 2023I'm a nutritionist - here's the 10 best diet trends to help lose weight in 2023

The process can last anywhere from a few weeks to up to a year or more.

But if the administration process can't rescue the company or find a new owner, this can lead to liquidation.

The full list of KFC stores set to close are below - plus the nearest alternative location.

KFC, which is owned by Yum! Brands, the company behind Pizza Hut and Taco Bell.

It has over 1,000 restaurants in the UK and some are franchises.

In a franchise model, a business sells a licence to a third-party (franchisee) to trade under the brand name.

Franchises are separate legal entities, which means their owners have freedom to do things like set pay and conditions for their employees.

A spokesperson for KFC UK & Ireland previously told the Sun: “With its track record and ambitions for sustainable growth, we believe existing KFC franchisee Adil Group is the right long-term partner to take on Caskade’s KFC business.

"We look forward to continue working with Adil Group to serve up the nation’s favourite fried chicken and unlock value for our people and the communities we operate in.”

Last year KFC bought existing outlets owned and operated by the EG Group - a franchisee and sister company of supermarket Asda.

The fast food chain said it would take over the EG Group's 218 sites across the UK and Ireland, which employ around 7,800 people.

It comes as another major fast-food chain has announced it will be shutting down one of its branches in a "shocking" move.

The fast-food giant with 2,000 sites is set to close its "friendly" store much to the fans' dismay.

Subway has confirmed it will pull down the shutters on its Queen street branch in Ipswich.

The firm cited the end of the lease as the reason for the fast-food branch to seize operations.

The exact date of the store's closure isn't clear but the lease is said to expire in November.

A spokesperson for the company said that the franchise is in the process of looking into relocation options.

The address of the store at 26-28 Queen Street has already been put on the market.

Fans have reacted to the news and flocked online to express their dismay at the sudden closure.

One person wrote: "Too bad, the staff are lovely at this location."

Another one added: "This is so sad."

Olivia Allhusen

Print page

Comments:

comments powered by Disqus