Kentucky Fried Chicken Corp.
NOBODY DOES CHICKEN LIKE KFC
| Initial fee: | $45,000 |
| Royalty fee: | 4% |
| Total investment: | $1,308,800 - $2,471,000 |
| Term of agreement: | 20 years, renewable |
| Branch: | Food: Chicken fast food |
KFC is world famous for two things- its secret recipes for fried chicken and its founder. Colonel Harland Sanders is the face of the American dream. In 1952, at the age of 62, the Colonel came up with a simple concept to sell his secret-recipe fried chicken that grew it into a fast food chain in more than 17,400 locations worldwide. Chicken is the fast food nation’s primary order choice. KFC holds 42% of the chicken market share. It serves 12 million customers every day in 109 countries.
The tendencies in the quick service industry have changed over the last years. Companies are seeking dedicated candidates with a vision for growth. KFC is no exception. Franchise candidates have to be ready to commit to the business and open three restaurants within the first five years of operation.
As a franchisee, you are one of the few to put your hand on the secret original recipes for the KFC products. The company assures brand recognition and competitive advantage. A large network of franchisees provides you with the expertise and assistant of fellow entrepreneurs.
KFC has been franchising for more than 50 years and has established a successful system for support for its franchisees. Entrepreneurs with potential have full freedom to grow and bring their businesses to an upper level. Investing money is not enough. Franchisees need to devote time and effort to expand the KFC chain and in return are given the opportunity to run a career they could not have achieved by themselves. KFC will be with you every step of the way and will provide you the necessary tools to achieve your goals.
The Kentucky Fried Chicken has more than 17,400 units worldwide. It is the world’s most popular chicken restaurant chain. Even in areas where it has no presence, the brand awareness rate is 94%. The demand for chicken fast food restaurants is flying up and the company is expanding worldwide.
