Kentucky Fried Chicken is known all over the world. KFC franchise net works in about 123 countries. It specializes in serving fast food and different chicken dishes. The brand gives great business opportunities for entrepreneurs. Owning a KFC fast food restaurant franchise is easy because of the training and support of the brand team. You launch a business with a name that is well known to customers. How to buy a KFC franchise? In the description below you will learn investment information, franchise cost and profit, franchise requirements and franchise fees. Make your choice in favor of this franchise among offered for sale.
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KFC has the franchise fee of up to $45,000, with total initial investment range of $1,442,550 to $2,771,500.
Initial investments: $1,442,550 - $2,771,500
Net-worth Requirement: $1,500,000
Liquid Cash Requirement: $750,000
|Name of Fee||Low||High|
|Application & Background Check Fee (per person)||$300||$500|
|Permits, Licenses, and Security Deposits||$50,000||$100,000|
|Building & Site Costs||$534,000||$930,000|
|Equipment, Signage, and Décor, POS & MERIT||$329,000||$476,000|
|Grand Opening Expense||$5,000||$5,000|
|Total Estimated Expenditure||$1,442,550||$2,771,550|
Initial Franchise Fee: $45,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: $5%
We provide estimated franchise costs for some countries:
- In the United States, the total investment to start the KFC Restaurant is around $1,442,550 to $2,771,500.
- In Indian currency, the investment comes around Rs 60 lakhs to Rs 1.2 crores.
- In Indonesian currency, the investment comes around Rp 20,480 million to Rp 39,350 million.
- In Canadian currency, the investment comes around CAN$1,912,735 to CAN$3,674,845.
- In Pakistani currency, the investment comes around PKR 225,727,572 to PKR 433,679,226.
- In Malaysian currency, the investment comes around RM 6,044,291 to RM 11,612,598.
On-The-Job Training: 6 weeks
Classroom Training: 2 days
KFC Franchise Info: www.kfcfranchise.com
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Other fees for KFC Franchise
|Type of Fee||Amount|
|Royalty||4%-5% of Gross Revenue or a minimum of $1,260, whichever is greater, per month (minimum fee subject to adjustment based upon the Consumer Price Index)|
|National Co-op||4.5% of gross revenues|
|Renewal, if applicable||$8,400 (subject to adjustment based upon the Consumer Price Index)|
|Transfer to an Existing KFC LLC Franchisee||$4,200 for the first Outlet and $2,100 for each additional Outlet in the same transaction|
|Transfer to a New KFC LLC Franchisee||$8,400 for the first Outlet and $4,200 for each additional Outlet in the same transaction|
|Audit||Entire cost of audit, including expenses of auditing personnel|
|Costs, expenses and attorneys' fees||Will vary|
|Late royalty payments||1.5% per month|
|Restaurant Operations Compliance Check – comprised of two categories: (1) Food Safety Compliance Check and (2) Brand Standards Compliance Check re-evaluation||Up to $282.50 per re-evaluation|
|Support Services and Software Maintenance for KFCLLC's MERIT System||$173.15 per unit/per month|
|One System Fund Fee||$180 per Outlet/per month (plus applicable tax and shipping) (reoccurring payments)|