‘Quite a run’
All five Kentucky Fried Chicken locations in P.E.I. sold
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
“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.
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.