KFC

The KFC franchise is one of the most well-known and beloved franchises in the world. Colonial Sanders' recipe is still a secret, but billions of the company's chicken dinners are served annually in over 125 countries. It is estimated that, on average, more than 185 million people see a KFC commercial at least once a week—that’s more than half the U.S. population. The KFC system serves more than 12 million customers each day in more than 115 countries and territories around the world. KFC operates more than 17,000 restaurants in the Unites States and internationally. KFC’s parent company is Yum! Brands, Inc., the world’s largest restaurant company in terms of system restaurants, with more than 40,000 locations in more than 130 countries and territories and employing more than one million associates. Yum! is ranked number 201 on the Fortune 500 list, with revenues exceeding $13 billion in 2012. Take a chance and get your piece of this great franchise opportunity.  

 

 

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KFC Franchise Cost and Requirements for 2023

Background

The fast food industry is a billion dollar business responsible for countless jobs. America's quick service restaurants (QSR) are some of the most beloved and popular in the world. These include McDonald's, Wendy's, Burger King, and KFC. There is a friendly competition between the QSRs to see who has the best chicken sandwich sales and social media traction. KFC is a strong contender in the "Chicken War." There are many reasons to franchise with the KFC franchise. For example, it is a franchise that is in great demand, has a strong social media following and brand recognition, and offers its franchisees Financial assistance. Additionally, it is a fun business that makes people happy. Harland Sanders learned to cook in his mother’s kitchen but it was years before the future “Colonel” Sanders would perfect his secret recipe of 11 herbs & spices. Soon he was serving family meals out of his Corbin, Kentucky restaurant and by 1952 Colonel Sanders was helping friends open their own Kentucky Fried Chicken locations.The Colonel saw the potential of restaurant franchising early on, and it became a big part of KFC history. In fact, it was the company's first franchisee who named it “Kentucky Fried Chicken,” invented the famous “bucket” of chicken and even coined the phrase, “Finger Lickin’ Good!” It’s no wonder the company treasures its franchise relationships like no other. Now, 75 years later, KFC and thousands of franchisees are still cooking up opportunities for success. Becoming a franchise owner with KFC has the potential to change your life.  

 

Company Details

Founded: 1930
First Franchise: 1952
Estimated Number of Units: 24,395
Exclusive Territory: No

 

Support and Training Offered By KFC

In terms of training, on-the-job training lasts for 9 weeks. Classroom training lasts for 1.5 days. Additionally, 
KFC has third-party sources that offer financing options to cover the franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. 

 

2023 Franchise Requirements Needed to Own a KFC Franchise.

What does a KFC Franchise Cost?

KFC franchise fees for 2023:

Initial Franchise Fee: $45,000
Initial Investment: $1,442,600 - $2,771,550
Net Worth Requirement: $1,500,000
Cash Requirement: $750,000
Royalty Fee: 4-5%
Ad Royalty Fee: 5%
Term of Agreement: 20 years

Is KFC a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. KFC is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is KFC a Home Based franchise?

No. KFC is not a home based franchise opportunity.

What Do KFC Franchise Owners Make?

Click here to find out how much KFC franchisees make. KFC offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is KFC a Master Franchise Opportunity?

No. KFC is not a master franchise opportunity.

Is KFC Looking for Franchisees in Canada?

Yes. KFC franchise is looking for Canada franchisees.

Is KFC Looking for International franchisees?

Yes. KFC franchise is looking for International franchisees.

Where can I see KFC's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

KFC Franchises for Sale

Click Here to inquire about existing KFC franchises for sale. We may have KFC franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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