How much is the KFC franchise fee and how much is the total investment? Thank you.

Updated on Financial 2024-05-17
7 answers
  1. Anonymous users2024-02-10

    On the 19th, it was learned from the China Yum Restaurant Group, to which KFC belongs, that KFC will expand the choice of franchise stores in terms of geography and **, and the franchise fee in some areas will be reduced from the original 8 million yuan to 2 million yuan. According to the reporter's understanding, after KFC expands the scope of franchise store selection in the region, except for Beijing, Shanghai, Guangzhou, Shenzhen and other first-tier cities and Suzhou, Wuxi and other joint ventures, as well as Zhejiang Province has not opened franchise business for the time being, all other second- and third-tier cities will be open to franchising.

    Some franchisees end up missing out on joining KFC due to location and financial constraints. Tang Damo, director of the franchise development department of China Yum Restaurant Group, said that in addition to increasing the number of stores available for joining, KFC will have a wider choice in terms of franchise. Since 1999, although the purchase fee of KFC franchised restaurants has been maintained at about 8 million yuan, although there are certain differences according to the actual situation.

    In this regard, Tang Damo said that KFC will increase the opening of some restaurants with relatively stable development, and the purchase fee of some restaurants may also be as low as about 2 million yuan.

    There is no intention to extend business hours.

    It is reported that McDonald's, another foreign fast food, has been operating 24 hours a day in most cities across the country since this month. Some people believe that the competition between the two ocean fast food brands in China will expand from daytime to late night, with a 24-hour firefight. However, on the 19th, at the "Lin Dan Appointment - KFC Event Breakfast Meeting" held at the KFC restaurant in Tianhedong, Guangzhou, Cui Huanming, **** marketing manager of Yum Catering (Guangdong), said

    KFC will not extend its business hours, let alone open 24 hours, and we will open more branches in the coming days to achieve our market goals! ”

  2. Anonymous users2024-02-09

    What you're talking about is actually two ways:

    2。If it is a franchise, then you must first call 021-24077777 to transfer to the franchise department, and submit your various qualification certificates according to the prompts to give them recognition. If you think you have the qualifications to join, they will give you a **.

    Then you will be given a full-fledged storefront to run it on.

    There are two important points, one is that it is not 2 million to join. 2 million is just a minimum point, and KFC will consider those who are more powerful to talk about joining. If you only have 2 million, there's basically no hope.

    The second is that if you are very rich, you may not be able to do it if you have tens of millions, because KFC is an international brand, he will consider the personal education level of the franchisee, in other words, if it is a nouveau riche or something, he will not consider it.

  3. Anonymous users2024-02-08

    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.

  4. Anonymous users2024-02-07

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

  5. Anonymous users2024-02-06

    Hello, it's an honor to be able to solve the problem for you. 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.

  6. Anonymous users2024-02-05

    Initial investment in joining:

    Initial rebate fee for joining.

    13 weeks prior to the opening of the restaurant, the restaurant operation is omitted and the basic management training fee.

    Restaurant purchase fee of more than RMB 2 million.

    Fees are payable during the going concern period:

    Franchise Continuity Fee: 6% of the restaurant's turnover

    Advertising & ** Expenses: Not less than 5% of the restaurant's turnover

    The buy-back fee for each restaurant will be calculated on a case-by-case basis. The franchisee can arrange a certain percentage of the loan by himself, but the proportion of the franchisee's own funds invested in the project shall not be less than 50%.

  7. Anonymous users2024-02-04

    There are too many flowers, how can you do it yourself. Not yet restricted.

    Let's make the old hamburger, fried chicken, milk tea, ice cream, and snacks.

    If you want to do it, you can do it, and you can hand it over.

    No matter how short the road is, if you don't take a step forward, you won't be able to reach it.

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