‘Quite a run’

All five Ken­tucky Fried Chicken lo­ca­tions in P.E.I. sold

The Guardian (Charlottetown) - - THE ISLAND - BY JIM DAY Jim.Day@the­guardian.pe.ca Twit­ter.com/PEIGuardian

Af­ter nearly half a cen­tury, An­gus Davies is out of the fried chicken busi­ness.

Davies has sold all five of his Ken­tucky Fried Chicken (KFC) restau­rant lo­ca­tions on P.E.I. to Fran­chise Man­age­ment Inc. (FMI), which is one of the largest Pizza Hut, KFC and Taco Bell fran­chise op­er­a­tors in

North Amer­ica.

“It was the best plan for­ward to keep as many KFCs viable in the province as pos­si­ble,’’ said Davies.

“I guess you can say it’s a func­tion of size where they (FMI) can be more ef­fi­cient than a fam­ily size op­er­a­tion.’’

Dwight Fraser, co-owner of FMI, says the deal was com­pleted June 30 to pur­chase the two KFCs in Char­lot­te­town and the lo­ca­tions in Sum­mer­side, Mon­tague, and Bloom­field.

“We will op­er­ate as the pre­vi­ous own­ers have,’’ he says.

“The public prob­a­bly won’t see much of a change.’’

Fraser de­scribes FMI as an ag­gres­sive com­pany that will ex­plore the vi­a­bil­ity of open­ing ad­di­tional KFC out­lets in P.E.I.

Davies will lease the three prop­er­ties he owns hous­ing KFC restau­rants to FMI.

He also owns the prop­erty in Strat­ford where the KFC lo­ca­tion closed on Dec. 31 af­ter op­er­at­ing for more than 40 years.

Davies says he still has plans for that lo­ca­tion but noth­ing firm to an­nounce.

He pur­chased his first KFC fran­chise in 1969 on Univer­sity Av­enue in Char­lot­te­town. He says he is grate­ful to the many cus­tomers and staff dur­ing 48 years of op­er­a­tion on P.E.I.

“It’s been quite a run,’’ he says.

JIM DAY/THE GUARDIAN

Heather Barry serves a meal at Ken­tucky Fried Chicken (KFC) on Univer­sity Av­enue in Char­lot­te­town. All five KFCs on Prince Ed­ward Is­land have been sold to Fran­chise Man­age­ment Inc. (FMI), one of the largest Pizza Hut, KFC and Taco Bell fran­chise op­er­a­tors in North Amer­ica.

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