16 Facts About Collins Foods

1.

Collins Foods Limited is a publicly-listed Australian company focused in restaurant operations.

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2.

Collins Foods International was a publicly traded American company with more than 240 Sizzler and KFC stores in the United States and Australia.

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3.

Collins Foods International began selling off 209 United States-based KFC stores to PepsiCo in 1990.

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4.

Collins Foods was renamed as Sizzler International as efforts were increasingly focused on its Sizzler business.

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5.

At the time of fiscal announcement in 2015, Collins Foods had 26 company-owned Sizzler restaurants across Australia and 61 franchised Sizzler restaurants around Asia.

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6.

Collins Foods began to close a limited number of Sizzler restaurants in Australia, with greater focus directed to their KFC operations.

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7.

In 2016, Collins Foods had operated 21 Sizzler restaurants in Australia, a decrease of two stores compared to financial year 2016.

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8.

Collins Foods had operated 65 Sizzler restaurants in Asia during the same year, an increase of 5 stores compared to the previous financial year.

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9.

In 2020, Collins Foods closed its six remaining Sizzler stores in China due to the impact of the COVID-19 pandemic.

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10.

In October 2020, Collins Foods announced that it would be closing all nine remaining Australian Sizzler restaurants by 15 November 2020, citing the impact of the COVID-19 pandemic on revenues.

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11.

Collins Foods said of the three restaurant brands that it operates, Sizzler had been hardest hit by the COVID-19 pandemic.

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12.

In November 2013, Collins Foods acquired the 44 KFC restaurants owned by Competitive Foods Australia for $55.

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13.

In May 2016 Collins Foods further acquired 13 KFC restaurants in New South Wales and Victoria.

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14.

On 31 October 2016 Collins Foods announced that its German subsidiary, Collins Foods Germany, entered into a binding agreement to acquire 11 KFC restaurants in Stuttgart and Dusseldorf, Germany for €12.

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15.

On 6 September 2018, Collins Foods announced that it has purchased the franchise rights to Taco Bell in Australia.

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16.

Collins Foods now has plans to roll out 50 Taco Bell stores across Australia over the next 5 years.

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