How much is the franchise fee for joining KFC As the title suggests, thank you

Updated on Financial 2024-05-23
9 answers
  1. Anonymous users2024-02-11

    The franchise fee alone is about 5 million, the store plus decoration, plus the follow-up working capital, I estimate that I will have to prepare 8 million, which means that it will be about 10 million, if you think you can, just do it.

  2. Anonymous users2024-02-10

    Franchising KFC has been expanding its business around the world with "franchising" as an effective way for more than two decades now. KFC started its franchise business in Xi'an in 1993, and now KFC has nearly 20 franchised restaurants. By contrast, KFC's rival McDonald's currently has more than 300 outlets in Chinese mainland that are all directly operated and none are franchised.

    The franchisor should have the conditions KFC hopes that the franchisee should be a real food service operator, requiring a professional background, taking "practice" as the management direction, being able to quickly master the basic knowledge of the industry, and prove that it has the potential to expand and develop in a certain area. The franchisee must also be an owner and be responsible for a sizable portion of the required shares or funds. It's also a long-term business partnership.

    Because of this, KFC will only start working together if it is completely satisfied with the franchisee's organization, financial situation, and project plan.

  3. Anonymous users2024-02-09

    Summary. Hello! Glad to answer for you :

    KFC franchise ** is 400 920 8801 KFC franchise fee is 2 million.

    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.

    Hope mine can help you! Thank you

    KFC Franchise Fee and Franchise Conditions 2021**.

    Hello! Glad to answer for you :

    KFC franchise ** is 400 920 8801 KFC franchise fee is 2 million.

    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.

    Hope mine can help you! Thank you

    Can you give me a thumbs up

  4. Anonymous users2024-02-08

    Summary. The KFC franchise fee is 360,000 yuan, and the franchise condition is that the area of the store needs to be able to meet 200. "The KFC franchise fee mainly includes:

    Initial investment cost of joining - the initial cost of joining is RMB 360,000; New store construction costs: according to the area and type of restaurant (under the new store model); Restaurant purchase fee - pricing according to the actual situation of the restaurant (under the franchise mode); Fees to be paid during the operation period – franchise continuity fee, system support service fee, advertising**, etc., are charged according to a certain percentage of the restaurant's turnover.

    The KFC franchise fee is 360,000 yuan, and the franchise condition is that the area of the store needs to be able to meet 200. "The cost of joining this Deji mainly includes: The initial investment cost of joining - the initial slag fee of 360,000 yuan; New store construction costs:

    According to the area and type of restaurant (under the mode of opening a new store); Restaurant purchase fee - pricing according to the actual situation of the restaurant (under the franchise mode); Fees to be paid during the operation period - franchise continuation fee, system support service fee, advertising**, etc., are charged according to a certain percentage of the restaurant's turnover.

    It is worth noting that the franchisee invests in opening a KFC fast food restaurant, which requires the franchisee to take out a one-time restaurant purchase fee of millions of yuan to buy out the right to operate the restaurant.

    Are there any restrictions on legal entities?

    To join a KFC store, a legal person is required, and the condition for joining KFC is that the franchisee needs to be a legal person or other organization with legal qualifications.

    In addition to what you said, do you have academic qualifications, or family members who have no criminal record, etc.?

    There is no such thing.

    The Qingyuan area should apply to **.

    You can check the official website of Kenna Rang Deji to see the franchise policy and related matters about KFC's loss, or you can call their official franchise** for consultation; 2. Prospective investors need to fill in the "KFC Franchise Application Form" provided by KFC

  5. Anonymous users2024-02-07

    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%.

  6. Anonymous users2024-02-06

    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.

  7. Anonymous users2024-02-05

    o(∩_o~~~

    The franchise fee for KFC restaurants is in.

    Second- and third-tier cities are as low as about 2 million yuan, and municipal-level areas have remained at about 8 million yuan. After joining, it includes restaurant equipment, decoration, profits, personnel, supply, technology, etc., but does not include the real estate lease fee of the restaurant, and is paid in a lump sum before the transfer of the restaurant. The general franchise agreement period is 10 years.

    For the applicant, it is required to apply by one person alone or by the main operator and partners, and the capital of the main operator must be more than 30%. The partner also needs to be informed and investigated by KFC and approved by the franchise committee. So KFC is not something you can invest if you have money and want to invest, and the investigation of the franchise committee is relatively strict.

    Based on the small and medium-sized investment in the catering industry, there are many categories to choose from, Yoyo milk tea is also a collection of Western-style casual snacks and drinks as a unified franchisee, Yunfeng is available for you to participate, I wish you a smooth start-up!

  8. Anonymous users2024-02-04

    If the landlord wants to open a shop in his hometown, it is better to learn fried chicken and other techniques by himself, as long as the taste is good, not afraid of no customers.

  9. Anonymous users2024-02-03

    If the company wants to inspect, it is generally not allowed to join, and I asked their leaders before.

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