Franchise information on KFC – Part 1
November 20th, 2009 | 
Author: If it is so finger licking good, would you like to be the person who serves up the KFC bucket to the hungry customer? You can because Kentucky Fried Chicken is a franchise and they are always looking for enthusiastic people to add to their growing band of world-wide franchisees.
The KFC brand is owned by Yums, a corporation that owns several other franchise chains, including Pizza Hut and Long John Silver’s, so there is no doubt that this organisation is one of the most experienced franchise operators in the world. Therefore, as long as you are prepared to work hard your investment should be reasonably secure.
To join this group with a KFC outlet though does require you to invest some serious cash. It is anticipated that the total investment required for a KFC outlet is in the region of around $1 million to $1.2 million. To ensure that the franchisees they take on can cope with this level a capital needs the company require them to have a net worth in the region of $1.4 million with approaching $400,000 of this being available as liquid cash, either personally or through normal borrowings.
For this you receive your own unique KFC outlet, which is designed and equipped by an expert team in the KFC unmistakeable Brand. The franchise fee of around $30,000, which is likely to fluctuate, depending upon the size and location of the outlet, is included within this initial investment. Of course, there is an ongoing commitment to the corporation, which includes a regular royalty fee of 5% of revenue plus a contribution towards the KFC promotional and advertising programme. There is no doubt that the promotion has made the business a household name in many households, thus this contribution should reap dividends for the franchisee.
There are also requirements to purchase stock, uniforms and stationery direct from the central organisation as well as to deliver to the customer the full KFC menu range, as well as the promotional servings that are delivered occasionally.
KFC provide a full training programme for potential franchisees and their employees, which includes an intensive pre-opening training period of four to six weeks. You can also take advantage of the parent corporation’s own leadership and business courses, available through their Yum university educational establishment.
Ongoing support and help is available through the KFC network of regional and national offices. You can also expect to receive regular visits from KFC staff as they seek to ensure that your business is running smoothly and that quality and financial control is maintained.
Yum’s is also encouraging multi-brand franchise purchases, so if you fancy a Pizza Hut as well as a KFC you will be encouraged to have the two take-away businesses
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