Business Move: Chris Brown Owns 14 Burger King Franchises

27 August 2015,   By ,   0 Comments

Finally.  I’ve been waiting to hear some news about Chris Brown that isn’t cringeworthy.  Apparently Brown has been making moves behind the scenes besides getting into trouble. According to an US Weekly article entitled “25 Things You Don’t Know About Me”, Brown revealed that he owns 14 Burger King restaurants.

According to Burger King‘s corporate website, to qualify as a franchisee for the fast food chain, an individual must have a net worth of at least $1.5 million and have $500,000 in liquid assets. It takes an average of $1.2 million to $2.2 million to develop a BK location depending on where it’s located, its size and building code requirements. It also costs $50,000 to purchase a 20-year franchise agreement with the company.

But that’s nothing to a boss.

Added bonus from the US Weekly article? Chris is a fan of Sango. If you don’t know his music check out his soundcloud.

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