Is it profitable to join KFC? What is the return and risk of joining KFC?

If you want to start a business, you need to consider at least the following aspects:

1. Consider suitable entrepreneurial projects. For example, whether you want to work in the catering industry, clothing industry, Internet industry, education industry or other industries; whether to start a business in the form of franchise or operate independently; Whether it is a business ** or a physical store. At the same time, it is also necessary to consider whether the entrepreneurial project you choose has development prospects and whether it can be profitable.

2. Consider whether you have qualifications. For example, if you want to work in the restaurant industry, do you have the experience and knowledge you need to know?

3. Consider the issue of entrepreneurial capital. Any business is inseparable from start-up capital, and whether you have prepared sufficient funds. In addition, any business has the possibility of failure, and are you prepared for the possibility of losing money?

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KFC's success lies in developing a marketing strategy that is both culturally and strategically logical after entering the Chinese market. Its main strategy is to introduce the Western catering business model, a new fast food service system and catering concept, with its unified logo, unified clothing, unified distribution methods, and a new chain business model, to give consumers a unified dining experience. This is the main advantage of joining KFC, it has established a dominant position in the Chinese market with high-quality products, fast and friendly service, clean and hygienic dining environment, so that you can easily have a large number of consumers and enjoy a steady stream of harvest.

How much is the annual profit of a KFC?

1.Generally, KFC's profits** are mainly in several aspects, dine-in, takeaway and drinks, which occupy most of the revenue space, and of course, there are some dolls and peripheral products that attract new and old customers. It is not difficult for friends who often go to KFC stores to find that the per capita consumption is mainly between 30-50 yuan, and the general consumption that is too high or low consumption is more special.

2.If the location of a KFC store is not too bad, it is actually quite normal for the customer flow to be around 100 a day. That is to say, the daily sales of a KFC store are between 3,000-5,000 yuan, and according to the development law of the catering service industry, the gross profit is more than 60 percent, and at the end of the day, the gross profit of the hamburger restaurant is between 1,800-3,000 yuan.

Does KFC Franchise Make Money? How much?

It is very profitable, with a profit of about 1 million a year.

KFC is well-known both at home and abroad, making it the most popular Western-style fast food restaurant with the largest number of stores in the world. In addition, KFC still captures the hearts of diners regardless of age, whether it is a 3-year-old child or a 60-year-old aunt, you can find food pleasure here at KFC. In the KFC store, there are chicken nuggets, chicken wings, chicken leg burgers, egg tarts, mashed potatoes, coffee, chicken rice flowers, French fries and other snacks and drinks, which basically meet the needs of diners, and many people can even be satisfied through KFC food for lunch, dinner, and supper.

At present, there are more than 5,000 KFC stores in China, which are open in cities and counties. Since KFC's business is so good, what about the profit in a year? Let's move on.

KFC: Store opening information pick-up.

A KFC's annual income: We have already mentioned for you that if you want to calculate the net income of KFC's annual profit, then we have to remove food expenses, rent expenses, salary expenses, water and electricity expenses and other expenses. In first-tier cities, KFC's annual profit is about 5 million yuan, and the total annual expenditure is 1.5 million yuan, and the final annual net income is 3.5 million yuan; In second-tier cities, KFC has an annual profit of about 4 million yuan, an annual expenditure of 1.2 million yuan, and a final annual income of 2.8 million yuan; KFC in third- and fourth-tier cities has an annual profit of 3.5 million yuan, an annual expenditure of 1.1 million yuan, and an annual income of 2.4 million yuan; In the county area, KFC has a profit of 2 million yuan a year, an annual expenditure of 700,000 yuan, and an annual income of 1.3 million yuan.

Therefore, it is still based on regional differences to determine the annual revenue of opening a store.

Although KFC is a restaurant with a relatively large investment, we can see from the above annual profit analysis that KFC is also a very profitable project, so it is also in line with the concept of more work and more rewards. It is precisely because of this that many people with good economic conditions now want to do KFC KFC, after all, such stores can bring stable and reliable returns, and they are relatively lucrative. If we open KFC in a first-tier city, then we will get an annual profit of 5 million, and even if we open KFC in the county area, we can also get a profit of 2 million a year.

Joining KFC FAQs:

Q: In addition to KFC, can I join your other brands, Pizza Hut and Dongfang Zhibai?

A: At present, we only open KFC to join, and Pizza Hut only opens home delivery to join.

Q: It costs 8 million yuan to join KFC, what should I do if I don't have enough funds?

A: You can find a partner, but your partner must also accept our understanding and investigation and go through the application process with you, and the proportion of funds of the main operator must be greater than 30%. The partners are only investors and are not involved in the day-to-day operation and management of the restaurant.

You can also choose to borrow money from the bank on your own, but the loan amount cannot exceed 30% of the investment amount. In addition, we are currently considering reducing the franchise fee of some franchisees to about 2 million yuan, but this needs to go through a very strict review, such as you need to have experience in studying abroad and doing business ......

Q: Can I choose a restaurant in my city where I live?

A: According to the needs of Yum's overall development in China, we selected existing KFC restaurants in different provinces as "alternative franchise stores". For franchise applicants who have passed the qualification assessment, we will recommend several restaurants to choose from within the scope of "alternative franchise stores".

The principle of recommendation is the principle of "closer to the applicant's desired region", that is, we will consider the region that the applicant wants to join, but if there is no KFC store in that province in the current "Alternative Franchise" list, we will recommend stores in other provinces in the list for the applicant to evaluate and choose. Therefore, the applicant should not be too limited to the region he wishes to join, that is, he cannot open any choice of region.

Q: What is the return on investment of franchise?

A: Every restaurant is different, and when you choose one of them, we will provide you with a profit and loss statement for your professional appraisal. This is a long-term return on investment project.

KFC is a brand owned by Yum Restaurant Group. Since November 1987, when KFC opened its first restaurant in Beijing's Qianmen, its growth has been unstoppable.

In November 2007, KFC's 2,000th store in China opened at Chengdu Railway Station, which is estimated to be the growth rate of KFC in Chinese mainland at least one store per day, and the average store opening rate even exceeds that of the United States.

At present, in China, KFC's franchise is limited to small and medium-sized cities, and Jiangsu, Zhejiang and Shanghai are not allowed to join.

KFC's franchise method is "not starting from scratch", that is, the new franchisee will be authorized to operate a KFC restaurant that is already in operation, and will not be able to open a new KFC restaurant on its own.

Avoid a lot of work such as selecting your own location, opening stores, recruiting and training new employees, and reduce the risk of franchisees. In other words, the franchisee acquires a KFC restaurant through the form of "transfer".

However, in order to join KFC, in addition to having sufficient funds, franchisees must also meet the following conditions: identify with KFC's corporate culture;

Possess an entrepreneurial spirit; College degree or above; Good experience in corporate personnel management in related industries; Willing to engage in the operation and management of the service industry;

Willingness to relocate to another city for the sake of business; Willing to handle daily management matters and personally manage the restaurant, no criminal or bankruptcy record;

There is no conflict of interest with other brands operated by Yum (such as Pizza Hut, Taco Bell), etc. After successfully becoming a KFC franchisee, franchisees also participate in a 13-week food and beverage management training program.

How much capital is needed to join, which is what many investors are concerned about.

KFC franchisees will be authorized to operate an operating restaurant, with franchise fees ranging from $2 million to more than $8 million, depending on the restaurant's cost of renovation, equipment, profits, and staff transfers.

Yum allows franchisees to have a certain percentage of their funds for loan financing, but the proportion of their own funds cannot be less than 70%.

Joining KFC will be a long-term cooperative relationship, and the franchise period will be at least 10 years. Yum will only begin the cooperation when it is fully satisfied with the investor's personal circumstances, financial situation and future plans, and the entire application, training, and review process will take approximately 6 months.

Confirm the qualifications to join and select the restaurant, and sign the letter of intent; 13 weeks of catering training; Pick up the store and officially operate. The whole time process of application, review and training is about 6 months.

Franchise FeeInitial investment cost Initial cost of joining: USD 53,300 New store construction cost: according to the area and type of restaurant (under the new store mode) Restaurant purchase fee:

According to the actual situation of the restaurant, the price is set **Under the franchise model) to pay during the operation period Franchise continuation fee, system support service fee, advertising** The above fees are charged according to a certain percentage of the restaurant's turnover.

Franchisee requirements: Identify with brand culture, have the same values, have the financial strength to develop multiple stores at the same time, have rich market development resources and pioneering spirit, rich business experience and good business awareness, rich personnel management experience and the ability to establish a management team, and have a long-term plan for the development of catering business.

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. 1. Initial fee for joining:

About 300,000 yuan. 2. Training fee: RMB 53,000.

3. Restaurant purchase fee: RMB 2 million. In addition, after the official operation, you need to pay 6% of the monthly turnover as a franchise fee, which seems not cheap, but in fact, after joining KFC, it doesn't take long for the investment to be fully repaid, after all, the name of KFC is famous all over the country.

The conditions for joining KFC are still very simple, as long as you agree with the brand concept and business model of KFC, obey the work arrangements and rules and regulations of the headquarters, have enough funds to maintain, and be able to bear hardships and stand hard work.

This is the latest.

Now because of the financial turmoil, everything is cheaper, and then the franchise fee of KFC is cheaper, and now it's time to open it, really, it costs 4 million to join one now.