Collins Foods
Collins Foods Limited (ASX: CKF) is an ASX200-listed franchisee of Yum! Brands that operates KFC restaurants across Australia, Germany, and the Netherlands, and is exiting Taco Bell Australia to refocus on its core KFC business.
- Company typePublic
- Founded1968
- HeadquartersBrisbane, Australia
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Collins Foods does
Collins Foods Limited (ASX: CKF) is an ASX200-listed restaurant holding company headquartered in Brisbane, Australia, that operates quick-service restaurant outlets as a franchisee of Yum! Brands. The company runs KFC restaurants across Australia, Germany, and the Netherlands and operated Taco Bell locations in Australia (now being divested). The group employs more than 21,000 people globally, with operational hubs in Brisbane, Düsseldorf, and Amsterdam, and pursues growth through organic restaurant rollouts and bolt-on franchise acquisitions in core geographies.
The business is fundamentally a multi-country QSR franchise operator rather than a technology or product company. Revenue is generated at the till through dine-in, drive-thru, and delivery transactions at owned restaurant locations, under brand, supply, and operating standards set by Yum! Brands. Collins Foods does not develop proprietary restaurant technology stacks, mobile apps, or differentiated menu IP; the underlying "product" is the global KFC (and previously Taco Bell) system, and Collins Foods' value-add is operational execution, store rollout, and labour management at scale.
The operating model is concentrated in two vectors: deepening the German KFC network via acquisitions (e.g., the 2026 Bavaria purchase) and rationalising non-core assets (the 2026 exit from Taco Bell Australia). The company monetises through restaurant-level transactions across hundreds of sites in three countries, with pricing set locally at each outlet; it has a Dividend Reinvestment Plan in place and reports on a fiscal-year basis with AUD-denominated financials. As of April 2026 the share price was down 25% over the preceding six months, against a backdrop of sharply weaker FY2025 earnings versus FY2024.
Collins Foods firmographics
Firmographics- Name
- Collins Foods
- Legal name
- Collins Foods Limited
- Website
- https://collinsfoods.com
- Company type
- Public
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Collins Foods Limited (ASX: CKF) is an ASX200-listed franchisee of Yum! Brands that operates KFC restaurants across Australia, Germany, and the Netherlands, and is exiting Taco Bell Australia to refocus on its core KFC business.
- Ownership category
- akta.pro rank
Collins Foods industry classification
Industry- Product category
- Quick Service Restaurants
- NAICS
- Limited-Service Restaurants (722513)
- SIC
- Retail-Eating Places (5812)
- akta.pro primary industry
- Multi-Concept / Global QSR Chains (Mixed Menus) (THAFAAAO)
Keywords
Where Collins Foods is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
Collins Foods business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- Restaurant Sales (Franchise Operations): Collins Foods generates revenue through operating KFC and Taco Bell franchise restaurants. Revenue comes from food sales to consumers at owned restaurant locations across Australia, Germany, and the Netherlands.
Distribution channels1 record
Marketing channels1 record
Collins Foods product offering
Product offeringCore offering
Collins Foods Limited operates quick service restaurants as a franchisee of Yum! Brands, running KFC and Taco Bell restaurant networks across Australia, Germany, and the Netherlands. The company is an ASX200-listed multi-brand restaurant operator with a global workforce of more than 21,000 people, focused on operating company-owned KFC outlets while divesting its Australian Taco Bell operations to concentrate on KFC growth in Australia and Europe.
Product overview
Collins Foods Limited is an ASX-listed restaurant operator that operates quick-service food retail outlets, specifically KFC and Taco Bell franchises. The company operates primarily as a multi-brand franchisee under Yum! Brands. KFC represents the core business with operations across Australia, Germany, and the Netherlands, while Taco Bell operations in Australia are being divested. The company employs over 21,000 people globally and is pursuing a strategy focused on KFC expansion, particularly in Germany as a second key growth market.
Differentiator
Problem solved
Functional benefit
Products and services
- KFC Restaurant Operations Collins Foods operates KFC (Kentucky Fried Chicken) quick-service restaurants as a franchisee under Yum! Brands across Australia, Germany, and the Netherlands, offering fried chicken and related menu items to consumers via dine-in, take-away, drive-thru, and delivery channels. The German network was expanded by approximately 50% in 2026 with the acquisition of 8 KFC outlets in Bavaria from JJ Restaurant for approximately €31.1 million.
- Taco Bell Restaurant Operations Collins Foods operated Taco Bell quick-service Mexican-inspired restaurants in Australia as a franchisee under Yum! Brands. The company is exiting this business, transferring 20 of 27 Australian locations to a Yum! Brands and Restaurant Brands Australia affiliate.
Companies that use Collins Foods
Customer profileSegments1 record
Ideal customer profiles1 record
Collins Foods technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Collins Foods partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- Yum! Brands Affiliate and Restaurant Brands AustraliaminorCollins Foods reached agreement to transfer 20 of its 27 Taco Bell locations in Australia to an affiliate of Yum! Brands and Restaurant Brands Australia for a nominal purchase price, with buyers assuming lease liabilities. Deal expected to close between June and August 2026 pending ACCC clearance.
- Yum! BrandscoreCollins Foods operates as a franchisee under Yum! Brands' KFC and Taco Bell franchise agreements. The company has development agreements with Yum! Brands for expanding restaurant networks, including extended corporate franchise agreement for Netherlands through December 2029.
- JJ RestaurantminorSeller of 8 KFC restaurants in Bavaria, Germany to Collins Foods for approximately €31.1 million. The acquisition was conditionally approved by Yum! Brands and completed in June 2026.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Collins Foods competitors and assessment
Company assessmentDirect peers
- Restaurant Brands Australia: ASX-listed operator of KFC restaurants in Australia and Taco Bell master franchisee for Australia. Directly comparable franchisee of the same Yum! Brands systems in the same Australian geography, including counterparty in the Taco Bell Australia divestment.
- AmRest Holdings: Europe-based multi-brand restaurant operator that runs KFC, Pizza Hut, and Burger King restaurants across multiple European countries. Comparable as a European Yum! Brands franchisee with similar franchise-driven, multi-country growth model.
- Domino's Pizza Enterprises: ASX-listed master franchisee of Domino's Pizza across Australia, New Zealand, Japan, and several European markets. Comparable multi-country QSR franchise operator with similar geographic diversification and store-rollout playbook.
Broad incumbents
- Yum! Brands: Parent franchisor of KFC, Taco Bell, Pizza Hut, and Habit Burger. The counterparty in all of Collins Foods' franchise agreements and the source of brand IP, marketing, and global supply-chain leverage — defines the strategic ceiling for Collins Foods.
- Restaurant Brands International: Global multi-brand QSR franchisor (Burger King, Tim Hortons, Popeyes, Firehouse Subs). Comparable as a global QSR franchise platform operating across geographies and brand portfolios.
- McDonald's Corporation: Largest global QSR chain with extensive franchise operations in Australia, Germany, and the Netherlands. Comparable as the benchmark global QSR operator and direct competitor for dine-in, drive-thru, and delivery occasions in the same three geographies.
- Chipotle Mexican Grill: Large-scale QSR operator with a differentiated, increasingly digital menu and growing European footprint. Comparable as a globally scaled QSR operator pursuing digital and operational excellence, themes Collins Foods explicitly cites.
- Wendy's Company: Global QSR franchisor with significant franchisee-driven international expansion model. Comparable as a Yum! Brands-style franchisor whose growth depends on the operating capabilities of franchisees such as Collins Foods.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Collins Foods social profiles
Digital presenceCollins Foods financial estimates
Financial estimateRevenue estimate
Valuation estimate
Collins Foods leadership team
Management profileNumber of profiles
Collins Foods subsidiaries and ownership
Company hierarchySubsidiaries4 records
Collins Foods funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Collins Foods M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Collins Foods
What does Collins Foods do?
Collins Foods Limited operates quick service restaurants as a franchisee of Yum! Brands, running KFC and Taco Bell restaurant networks across Australia, Germany, and the Netherlands. The company is an ASX200-listed multi-brand restaurant operator with a global workforce of more than 21,000 people, focused on operating company-owned KFC outlets while divesting its Australian Taco Bell operations to concentrate on KFC growth in Australia and Europe.
Is Collins Foods a public or private company?
Collins Foods is a public company. It is classified as public and is currently operating.
When was Collins Foods founded?
Collins Foods was founded in 1968. It employs 501 to 1,000 people.
Where is Collins Foods based?
Collins Foods is headquartered in Brisbane, Australia, in the Oceania region.
How does Collins Foods make money?
One revenue line is on record: restaurant Sales (Franchise Operations).
Who are Collins Foods's main competitors?
Direct peers on record are Restaurant Brands Australia, AmRest Holdings and Domino's Pizza Enterprises. Broad incumbents are Yum! Brands, Restaurant Brands International, McDonald's Corporation, Chipotle Mexican Grill and Wendy's Company.
Does Collins Foods have an API?
No public API is recorded for Collins Foods.
What industry is Collins Foods in?
Collins Foods's product category is Quick Service Restaurants. Its primary akta.pro industry code is THAFAAAO, Multi-Concept / Global QSR Chains (Mixed Menus). Its NAICS code is 722513 and its SIC code is 5812.