KFC franchise fee and franchise conditions in 2020?

The KFC franchise fee and joining conditions are as follows.

Franchise fee: 1. Restaurant purchase fee: more than 2 million yuan.

2. Initial franchise fee: about 300,000 yuan.

3. Restaurant training fee: 53,000 yuan.

Payment of fees during the operation period:

1. Franchise continuation fee: 6% of the restaurant's turnover.

2. Advertising and ** expenses: not less than 5% of the restaurant's turnover.

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." Click here to learn more about the franchise program.

How much is the KFC franchise fee to join? KFC Affiliate Official Website**.

KFC: KFC stipulates that the franchise fee paid by the franchisee shall generally not be less than 8 million yuan, which is determined according to the investment, turnover and profitability of the KFC restaurant, which is a one-time payment. Franchisees must pay KFC an initial franchise fee of $35,000 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 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.

Investors must have a certain economic investment ability and market development ability, the early store opening funds must be prepared at least 3 million yuan, the investor must have a good operating site, can show a copy of the real estate property right certificate to the headquarters, if not, must rent a suitable store, to the headquarters to show a copy of the lease contract.

There are many equipment that need to be used in KFC stores, including refrigerators, stainless steel ice buckets, electric water heaters, various utensils, straw buckets, etc., and the investment in these basic equipment is about 400,000 yuan.

In addition to equipment and machinery, a variety of raw materials are also very important, investors need to buy a variety of bread, chicken, edible oil, condiments, disposable gloves, disposable tableware, packaging bags, packaging boxes, etc., the early purchase amount of these raw materials is about 150,000-250,000 yuan, and the later purchase amount is determined according to the current operating situation and cost of the store.

Shop rent is the largest of all expenses, assuming that the store is opened in a first-tier city, the store area is about 400 square meters, and the rent needs to be borne every month is about 120,000 yuan. In addition, investors also need to consider the cost of decoration, a store of about 400 square meters, simple decoration of it, the overall decoration cost is about 400,000 yuan.

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 exclusive rights in China. The Company manages and provides fast food such as fried chicken, burgers, french fries, egg tarts, and soft drinks.

Parkson China is one of the leading F&B companies in China, striving to be "the world's most innovative F&B 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 held by strategic partners.

How to join KFC?

KFC adopts the franchise policy of "not starting from scratch" in mainland China, transferring its self-operated stores to qualified investors as a whole, and allowing them to continue to use the KFC brand to operate, eliminating a lot of cumbersome work during the preparation period for the opening of franchisees, so that they can take over very smoothly.

Of course, the conditions for franchisees are also relatively strict, the most basic point is that there is a need for more than 2 million funds, and at present, in Beijing, Shanghai and other big cities are not open to joining, can only find alternative franchise stores from the third and fourth tier cities for transfer.

KFC's new stores are all built by the headquarters itself, and do not accept franchisees' applications to open stores, and only accept single-store franchises, and do not grant franchisees exclusive rights in the region.

How much does it cost to join KFC?

The franchise fee is determined according to the city where the store is located, at least not less than 2 million, and the training fee and operation fee for about half a year before operation need to be borne by yourself. After officially joining, 6% of the turnover is required to be paid as a franchise fee every month, as well as 5% of the advertising fee.

The specific transfer fee is assessed according to the decoration, equipment, and personnel of the restaurant, but does not include the property rental fee, which must be paid in a lump sum before the transfer.

One. KFC franchise has certain requirements for franchisees, and the specific requirements are as follows:

Identify with the brand culture and have the same values.

It has the financial strength to develop multiple stores at the same time.

It has abundant market development resources and pioneering spirit.

Rich business experience and good business sense.

Rich experience in personnel management and the ability to build a management team.

Two. The 2021 KFC franchise fee includes:

1.Initial investment cost of joining:

Initial fee: USD 53,300.

New store construction costs: according to the area and type of restaurants (under the new store mode) Restaurant purchase fee: according to the actual situation of the restaurant pricing ** under the franchise mode) 2Payment of fees during the operation period:

Franchise Continuity Fee, System Support Service Fee, Advertising** The above fees are charged as a percentage of the restaurant's turnover.

Three. KFC franchise specific franchise process:

Preliminary assessment - communication of cooperation intentions.

Affiliate Committee Evaluation - Establish the intention to cooperate.

Background check. Training of key operators.

Select a store and sign a letter of intent.

Sign the Franchise Contract and hand it over.

KFC official website

Will you choose a region for joining? Can it be opened in town.

1.Initial fee for joining: about RMB 300,000.

2.Training fee: RMB 53,000.

3.Restaurant purchase fee: from RMB 2 million.

4.Franchise Continuation Fee, Advertising and ** Fee (charged as a percentage of the restaurant's turnover) section.

1. Good business sense;

Clause. 2. Rich experience in personnel management;

Clause. 3. Migration to other cities;

Clause. Fourth, identify with Yum's corporate culture;

Clause. 5. Long-term development potential;

Clause. Sixth, long-term investment, personal management;

Clause. 7. Excellent wealth qualifications;

Clause. 8. Understand the operation mode of the catering and retail industry;

1. Consult KFC enterprises;

2. After reaching the intention, go to KFC for on-site inspection;

3. Find a suitable KFC franchise store;

4. Sign the letter of intent for KFC to join and cooperate;

Fifth, pay the franchise fee;

6. KFC will visit on a certain day;

7. The franchisee signs the lease of the store;

8. The company designs decoration drawings and display drawings according to the situation of the store;

9. Franchisees carry out store decoration company assistance in planning, training, distribution, publicity and other opening preparations;

10. Open a store and give feedback that the customer service has successfully opened a store;

Ten. 1. Operate and become a boss and open a store to make money.

He has no special conditions, as long as the ** quantity meets the standard.

KFC franchise process.

1. Consult KFC enterprises;

2. After reaching the intention, go to KFC for on-site inspection;

3. Find a suitable KFC franchise store;

4. Sign the letter of intent for KFC to join and cooperate;

Fifth, pay the franchise fee;

6. KFC will visit on a certain day;

7. The franchisee signs the lease of the store;

8. The company designs decoration drawings and display drawings according to the situation of the store;

9. Franchisees carry out store decoration company assistance in planning, training, distribution, publicity and other opening preparations;

10. Open a store and give feedback that the customer service has successfully opened a store;

Ten. 1. Operate and become a boss and open a store to make money.

May I ask KFC, what are the conditions for joining?

According to the current business development trend of KFC, it is a good entrepreneurial idea to open a store in the county together. After all, the cost of joining the county is also relatively optimistic, about the overall cost of about 1 million yuan, of which the franchise fee also includes the use of brand image fees, as well as training management costs, etc., it can be seen that the choice of such a brand to cooperate with the franchise, will also have a brand image and product support, can be described as a multi-pronged win.

How much is the KFC county franchise fee? Since the KFC headquarters has been operating at the county level, many entrepreneurial groups have also paid attention to this project, but now joining KFC to open stores in county-level areas is also relatively optimistic, because it can be seen that the cost of joining is not high now, and you can also get support and help such as brand stores, so it is also a good choice to open a store at the county level now.

When it comes to KFC, I believe everyone is familiar with it, it is very competitive in the market, and it has developed very rapidly, and has become a representative brand of Western-style fast food. Usually, people go out to eat, and when the time is tight, most of them will go to KFC, not only the environment is good, but the service attitude is also very good. This has made many entrepreneurs see business opportunities and hopes, and of course, they must understand the profitability before investing

How much does a KFC franchise make in a year? The brand has strong profitability and profit margins, but depending on the city where the franchise is located, the gross profit margin varies from 65% to 72% depending on the consumption level and demand situation. In terms of 200-400 square meters of stores, the per capita consumption is 26-35 yuan, the daily customer flow is 350-550 people, and the monthly turnover is 10,000 yuan.

According to the corresponding gross profit margin, the monthly gross profit is 10,000, which is still quite considerable.

1. Strong dedication, higher and stricter requirements for development, keen on the industry;

2. Be able to 100% agree with KFC's business model and business ideas;

3. Be able to implement 100% of the norms and standards of joining KFC;

4. KFC already has a certain market share in the local market, and wants to comprehensively enhance the market competitiveness of the enterprise and occupy a larger market;

5. KFC operates in the regional market at the municipal level;

6. Franchisees must have independent stores or business premises in the regional market;

7. Have a certain ability to invest funds and a certain risk carrying capacity;

8. Independent investors and people with certain business experience can apply for the alliance.

As a leader in Western-style catering brands, KFC has quickly spread to all regions of the country since it entered China, and is deeply loved by consumers. However, most of KFC is located in the first and second-tier big cities, and there are very few cities below, which also makes some investors feel profitable. So, can KFC be opened in the county?

How much does it cost to join KFC at the county level?

Can KFC be opened in the county? According to the conditions of joining stipulated by the headquarters, the provinces, cities and counties within China can not join, of course, all provinces, municipalities and autonomous regions outside of this can join, as long as the area you choose to choose has KFC's successful operation of non-franchise stores, have sufficient funds, meet the conditions of KFC to join, you can also open a KFC in the county, so as to collect benefits. But how to obtain enough benefits, which requires the joint efforts of the headquarters and franchisees.

How much does it cost to join KFC at the county level? KFC as one of the top brands, the cost requirements are still relatively high, even if it is opened in the county, the headquarters also requires that the area should not be too small, at least hundreds of square meters of restaurants, and the franchise fee, raw material costs are consistent with the big city. Even if you can save a little money on water and electricity, labor costs, and rent, it is roughly estimated that the county-level franchise KFC will have to prepare 2 million funds, and investors can do what they can and prepare enough funds to join KFC.

Can KFC be opened in the county? How much does it cost to join KFC at the county level? I hope you find the above helpful.

KFC is well-known all over the world, and has already opened in various cities in the world, forming a set of standardized and mature operation system, if you have the opportunity to join KFC, I believe you will not regret it!