How much is the KFC franchise fee and joining conditions?

Updated on Financial 2024-02-29
13 answers
  1. Anonymous users2024-02-06

    Why join?

    The logic of the vast majority of people choosing to join is simple and crude and even a little mentally retarded, I see that his store is doing very well (or several stores of the brand are doing very well), so I want to join one, so that my store business will also become very good, so I can make money!

    Why I don't recommend joining at will.

    Here we introduce a commonly used concept in the laboratory - the "single variable method", that is, to control the unique variable and exclude the interference of other factors, so as to verify the role of the unique variable.

    Experimenting is still like this, how can we forget this basic law when doing something as complicated as doing business? (It's not that doing business is harder than experimenting, but doing business is actually a struggle against human nature, and I don't need to say more about the complexity of human nature).

    Seeing that the other party's store was doing well, he wanted to join, so he paid the franchise fee, so he opened a new store.

    Let's count how many variables there are:

    The time of day has changed.

    How important is the time node of opening a store, the bonus period of the product is only so long, the bonus will make a lot of money in the early stage, and you can only drink soup in the later stage, of course, you can only drink soup when you enter the industry too early, the market is not mature, customers have not received education, all kinds of supporting facilities are not sound, everything has to be purchased over long distances, and the distribution cost will crush you.

    The location has changed.

    This article can be subdivided into dozens, the amount and direction of the new store, the decoration of the new store, the area and house type of the new store, the rent and utility costs of the new store (absolute cost, how many stores that seem to have a good business are lost to the rent, and the boss has become the landlord's worker), the local consumption power of the new store, the composition of the crowd, the mobility of the population, the distribution of competing products around the new store, and the taste choices of the people around the new store... There is no need to say a lot more.

    People have changed.

    A good business store must have a wise boss, a shrewd store manager, a group of skilled employees, after you join, the boss is you, are you wise and experienced enough, will the headquarters equip you with store managers and management staff? Can you really open a store on your own? What, call your second uncle's third aunt's Xiaoliu to help, you didn't say it to me.

    Shopping malls are like battlefields, the right time, place and people have nothing, what can you do with the Art of War (management experience given by the headquarters)? What if you learn a great formation (how to make products from the franchise headquarters)? The place you want to set up is a river, you know?

    With a high view, the momentum is like a bamboo" after all, it is just a sentence, and the real use of it is a heart.

    Here I haven't counted some unscrupulous merchants who deliberately set up a bureau to create a queue to deceive the franchise fee. Interested in Qiao Dong's crispy fire, my store was not far from him, I queued up and he also queued, there was no one on Chunxi Road in the rainstorm, I sold less than two hundred yuan a day, and he was especially in line. I just didn't think it was right.

    And then it turned out to be true.

  2. Anonymous users2024-02-05

    That white-bearded grandfather looks at you with a smile on his face, which is a classic of KFC and carves an unforgettable impression. After many years of development, KFC has become a well-known restaurant chain. It is the world's second-largest fast-food chain and the largest fried chicken chain.

    As one of the largest multinational restaurant chains in the United States, KFC has obtained an exclusive license in China. The Company manages and provides fast food such as fried chicken, burgers, french fries, egg tarts, and soft drinks.

    Yum China is one of the leading food and beverage companies in China, striving to be "the world's most innovative restaurant pioneer". Since entering China in 1987, Yum has established a footprint in more than 1,200 cities and towns in key provinces, municipalities and autonomous regions across the country. It has more than 8,100 restaurants and 450,000 employees.

    Today, KFC implements a collaborative approach of "opening a new store", authorizing strategic partners to open KFC-branded restaurants in specific regions or marketing channels owned by strategic partners.

  3. Anonymous users2024-02-04

    Delicious food always wins the love of consumers, just like the Western-style fast food that is very popular in the market today. Western-style fast food is convenient, nutritious and delicious, and is loved by many young people and office workers in the market. There are many Western-style fast food brands in the market, and KFC stands out among many brands and has become a good brand that people love and recognize.

    KFC is a well-known household name with a global reputation, countless franchised stores, and many investors vying to be among them.

  4. Anonymous users2024-02-03

    The specific franchise fee is about 100,000 yuan.

    Thank you for your question.

    2. Review the application form.

    3. Interview with the franchise department.

    4. Restaurant internship (2 days).

    5. Interview with the franchise committee.

    6. Background check.

    7. Restaurant training.

    8. Choose a restaurant and sign a letter of intent.

    9. Contract signing and handover.

  5. Anonymous users2024-02-02

    How much is the franchise fee to join a KFC? KFC joining conditions and fees, KFC joining.

  6. Anonymous users2024-02-01

    The specific franchise fee is about 100,000 yuan.

    Thank you for your question.

    2. Review the application form.

    3. Interview with the franchise department.

    4. Restaurant internship (2 days).

    5. Interview with the franchise committee.

    6. Background check.

    7. Restaurant training.

    8. Choose a restaurant and sign a letter of intent.

    9. Contract signing and handover.

  7. Anonymous users2024-01-31

    KFC Franchise Conditions.

    KFC franchise fee.

    There is a certain basis for the cost of KFC's franchise smart choice, and different cities have different levels of economic development and consumption power. According to the average market situation, the total cost of joining KFC's Wisdom Choice is about 2 million, although the cost of joining Wisdom Choice is relatively high, but KFC as a brand, occupies a high position in the catering industry, and it is normal for the franchise fee to be higher. These franchise fees include some upfront training fees and increased fees to be paid for cooperation, as well as some later advertising and brand maintenance costs.

    KFC's smart choice is expensive, and its operation is also very high, and it can be operated well, so interested franchisees can join KFC with qualifications.

  8. Anonymous users2024-01-30

    KFC: KFC stipulates that the franchise fee paid by franchisees shall generally not be less than 1 million yuan, which is determined according to the investment, turnover and profitability of KFC restaurants, and this ** is a one-time payment. Franchisees must pay KFC an initial franchise fee of $3,500 at the beginning of the franchise period, which can be included in the transfer fee in the case of a restaurant transfer.

    In addition to this, franchisees must also pay KFC a monthly franchise royalty of 6% of total sales, and the annual payment on advertising must not be less than 5% of total sales, which will remain unchanged for 10 years. The high franchise fee is also a kind of threshold for franchisees, and the most capable franchisees are screened out. References [KFC Cooperation Application.

    KFC Franchise Conditions:

    1. Agree with KFC's corporate culture and have the same values.

    2. Good business sense.

    3. Understand the operation mode of the catering and retail industry.

    4. Have the willingness and long-term planning to develop KFC's catering business.

    5. Excellent financial qualifications for the development of KFC brand multi-store.

    6. Rich experience in personnel management and regional management ability.

    7. Have good business resources in specific regions or channel markets.

    Franchise without starting from scratch.

    The so-called "not starting from scratch" refers to KFC selling an established and profitable restaurant to a franchisee. Franchisees do not need to carry out a lot of heavy preparatory work such as selecting their own location, opening stores, recruiting and training employees, etc., which are ready-made.

    Among them, site selection is often the key to success, and KFC has already helped you get it right.

    This is the best way for KFC to carry out franchising in the Chinese market at this stage, and Su Jingshi, president of Yum China Restaurant Group, which owns well-known brands such as KFC and Pizza Hut, said, "If a profitable KFC restaurant is handed over to a franchisee, the franchisee's business risk will be greatly reduced, and it can be successful only by maintaining it."

  9. Anonymous users2024-01-29

    What are the conditions for KFC franchisees to join? You can check with the official KFC franchise**.

  10. Anonymous users2024-01-28

    "Not starting from scratch" franchise model.

    "Not starting from scratch" means that KFC transfers a store that is already in operation and has obtained it to an applicant who is qualified to join, and at the same time allows it to continue to operate under the KFC brand. The large amount of work required in the early stage of opening a store, the franchisee does not need to prepare, which is greatly reduced.

    Franchisees can only choose from KFC's "alternative franchise stores", and cannot designate themselves, and are currently temporarily closed to franchises in Beijing, Shanghai and other big cities.

    How much is the KFC franchise fee.

    At the beginning, the franchise price of KFC was 8 million yuan, and later in order to attract more smart choice merchants in China, it was reduced to 2 million yuan, and the specific franchise fee depends on the specific area selected by the smart choice.

    In addition to the franchise fee, the expenses that need to be invested in the later stage include franchise fees and advertising service fees, which are charged according to a certain percentage of the turnover.

    KFC Franchise Conditions:

    As a well-known brand, it also has certain restrictions on the conditions of franchisees. Due to the large number of people who apply for the ** League, the intermediate process takes a long time, about half a year. During this period, KFC will conduct a series of interviews and internships for franchisees, as well as personal ability surveys, etc.

    KFC franchisees do not necessarily have rich experience in the catering industry, but they need to have strong management skills, understand business rules, and the service concept of customer first. There is no limit to the age and nationality of the franchisee, and must have good Chinese communication skills, and can study hard, work hard to adapt, and be able to grow together with KFC during the ten-year contract period. In addition, the franchisee must personally handle the day-to-day operation and management of the entire restaurant, and cannot find someone else to replace him.

    KFC Partnership Application.

  11. Anonymous users2024-01-27

    KFC franchise conditions and fees are more general, I think KFC wants to join, must have a superior geographical location, the franchise cost is about 1 million!

  12. Anonymous users2024-01-26

    The KFC franchise fee in each city is different, like our Xi'an should be around 1.5 million, as long as you are a legal and trustworthy citizen.

  13. Anonymous users2024-01-25

    The conditions are very simple, it is the geographical factor. The place where you set up your store is not too close to another KFC, nor too poor and desolate.

    The full set of franchise fees is about five or six million.

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