Burgerfuel to bring franchise stores in-house

Fri, 26 Sep 2014

By Paul McBeth Sept. 26 (BusinessDesk) - Burger Fuel Worldwide, the NZAX-listed fast food chain franchisor, plans to bring its franchise stores in-house which it expects will deliver greater profitability, and has bought the Henderson, Auckland store for an undisclosed sum. The Auckland-based fast food chain is targeting at least a 20 percent return on investment from its company-owned stores, and is considering opening its own restaurants in selected locations in New Zealand, before taking the format overseas, it said in a statement. As...

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