Banner Dell (KFC)
Director: Michael Herbert
Pre-tax profit: £34.3m Employment: 3,466 Pay bill: £43.4m
601 Lisburn Road Belfast BT9 7GX 028 9066 9300 www.herbertgroup.co.uk
Banner Dell is a successful family business, owned by Northern Ireland interests but registered separately in England in mid-february 2015. The group operates across Northern Ireland, Scotland, England and the Republic of Ireland. It operates a large number of retail fast food operations, through the KFC franchise, as well as focusing on property investment and development. The fast food operations are monitored on a month by month basis to assess the growth of business, food costs and labour costs as a percentage of sales and labour hours compared from one store to another.
The property portfolio includes shopping centres, industrial estate, and office accommodation. The property is reported to achieve good rental yields. The trading results have been influenced initially in 2015 by the costs of establishing the business. In 2016 and 2017 a positive operating profit was recorded. In 2017, pre-tax profits were increased because of a transfer of income of £30.9m from shares in other companies in the group.