Thursday, 27 August 2015

Chris Brown Announces That He Owns a Giant Share of 'Burger King' Restaurant

        
Chris Brown isn't a slouch when it comes to making his money work for him.

The hiphop star has revealed he owns 14 Burger King restaurants which is likely to be a very lucrative franchise for the 26-year-old.

Burger King is the home of the Whopper, its signature sandwich that comes with a quarter-pound patty, tomatoes, lettuce, onion, pickles, mayonnaise and ketchup.

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He included the factoid as one of '25 things you don't know about me' in a list published in this week's issue of Us Weekly. Chris Brown revealed his fast food investment as one of 25 things he thinks his fans don't know about him; here he is seen August 1 in the Netherlands

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.

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