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Full coverage· Economy· Updated

KFC Franchisee in Israel Faces Bankruptcy Amid NIS 50 Million Debt

The Israeli franchisee of KFC, operating 12 branches, has requested court approval to purchase NIS 100,000 in supplies to avoid immediate closure due to NIS 50 million in debt. The court allowed the purchase, keeping stores open temporarily.

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KFC Franchisee in Israel Faces Bankruptcy Amid NIS 50 Million Debt
Illustration by baba

What happened

  1. 01KFC's Israeli franchisee faces closure with NIS 50 million in debt.
  2. 02The company requested court approval for NIS 100,000 in essential supplies.
  3. 03The court allowed the immediate purchase of raw materials, keeping branches open.
  4. 04A key hearing on November 2, 2026, will decide the franchise's fate.
  5. 05This follows a previous KFC franchisee closing eight branches in March 2025.

A hearing on November 2, 2026, will determine the franchise's future, following a previous franchisee's closure of eight branches in March 2025.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

2 newsrooms on this story

Who covered it

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How it broke

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