| KFC Franchise Opportunities in the USA |
KFC - Kentucky Fried Chicken FranchiseKFC, Kentucky Fried Chicken, was founded by Harland Sanders in 1930 and was first served in a gas station in North Corbin, Kentucky.
There’s no need to discuss the menu of KFC as we all know what they are known for. I will jumped on to continue discussing the advantages of franchising one. First of all, they have a brand that practically no longer needs advertising except advertising you as their new location. Each day, KFC serves 12 million customers in over 109 countries around the globe. They have 5,200 locations in the United States and over 15,000 locations worldwide. There are several factors you need to consider when franchising. You need a strong brand, value, stability, and growth. All these are factors that the KFC value network has that you would want to be part of. KFC has specific qualities that they’re looking for in a franchisee and one that they are focused on now is a franchisees intent to open about five to 10 locations. Now, there are several advantages in this. When you open one location, you will master the knowledge on how to run it smoothly and with success. This makes it easier for you to open the others with less work. It widens your scale of operations and also an advantage growth for your best employees. When you encounter a great manager and that person is still seeking growth that you can’t offer, that person would leave. You wouldn’t want that. If you have more than one branch, that person would have more space to move up. What do you need to become a KFC franchisee?You need to have a net worth of at least $1,500,000 and a total liquid asset of at least $750,000. Expect to be investing about $1,309,000 to $2,471,000. Franchise fee is $45,000 with an on-going royalty fee of 5%. This is for a renewable 20 year term agreement. What’s included in the KFC franchise package?You will gain access to their signature and very well known products. For marketing, you will be part of the $200 million spent annually by its franchisees and KFC’s fund on national and local advertising. You will have a network with 630 franchisees and 35% of them have been in the business for more than 25 years. You will have support programs proven to work for KFC for the past 50 years. And to supply your location, you will have access to the United Foodservice Purchasing Cooperative (UFPC) which is the largest buying co-op in the food industry. Contact InformationYou May Reach Them At: Address: 1441 Gardiner Ln. Louisville, Kentucky 40213 Phone Number: (502)874-8201 |