Are you planning to start a KFC franchise business in India?
Are you interested in starting a food business or food retail business?
The franchise fee to become a KFC franchise owner is $45,000, with
initial prices calculable to vary from $1.2 million to $2.5 million. The
corporate is paid a royalty of fifty of the gross monthly receipts. Supported
numerous magazines estimates KFC are ready to form a decent profit starting
from seven-member to eight of the whole sales. Total Profit is calculable to be
$70,000 to $90,000 per year/per store. Conjointly if we have a tendency to
think about monthly figures then a store will garner a decent quantity of
monthly profits starting from $5.8k to $7.5k per month.
To begin a KFC franchise in India, you'll need associate
degree investment of one to a pair of crores with a 1000 – 1,500 sq. feet
industrial area that meets their pointers. And there'll be a forty five royal
commission on the particular sales.
To urge the franchise you would like a minimum investment of twenty
lakhs; during this case, the franchisor can give you with selling services.
Additionally, you furthermore might would like a thousand sq. feet of floor
space. Within the main industrial space to create product inventory.
Food Franchise
Agreement KFC Corporation grants franchisees a license to use certain KFC
trade names, trademarks, logos, service marks and trademarks such as the
"KFC" and "Kentucky Fried Chicken" trademarks under
authorization granted by the franchisor individually.
With more than 40,000
locations in more than 130 unionized countries and territories and more than
one million employees and collaborators, KFC or Kentucky Fried Chicken is at
the top of the restaurant business. The estimated investment required to start
a KFC franchise in India will be around 1 crore. In fact, KFC's parent company
is Yum! Brands, Inc., and is one of the world's largest catering companies in
the restaurant systems category. Yummy! is one of the restaurants that was
ranked No. 201 on the Fortune 500 list, with gross revenues of nearly 100 crore
in 2012.
The franchisee KFC
Corporation operates KFC diner and takeaway outlets, where food is prepared and
sold. They only sell chicken and other KFCLLC approved menu items. The KFC
Corporation Food Franchise Agreement grants franchisees a license to use
certain KFC.
Trade names,
trademarks, logos, service marks and trademarks such as the "KFC" and
"Kentucky Fried Chicken" trademarks under authorization granted to
the franchisor individually. Periodicals and franchisees are also authorized to
use commercial formats, procedures, methods, designs, standards, layouts and
proprietary specifications provided by the franchisor, exclusively in relation
to the franchise shop business.
Why KFC franchise business?
The KFC franchise is in high demand because KFC is the
largest and most popular US-born Fast Service restaurant chain in the world.
- This is a branch of Yum! Line up.
- KFC is the world's most famous
chain of chicken restaurants specializing in original recipes.
- Some of their signature dishes are
extra crispy chicken, chicken popcorn, KFC hot roast chicken, Kentucky grilled
chicken, extra crispy chunks, boneless extra crispy and so on, with freshly
made chicken sandwiches and homemade side dishes, hot wings and what else
lovers food can ask..
- KFC has years of successful
experience in building a strong franchise outlet modeled worldwide, and is most
popular in India.
- With around 335 restaurants in
over 100 cities in India, KFC is undoubtedly a lucrative business and also a
lucrative opportunity for one to become an affiliate of the KFC Business
Network.
If you are planning to start a KFC franchise in India, then you must know the following points:
- Kentucky Fried Chicken or KFC
started its first franchised store in Utah in 1952.
- KFC is a subsidiary of Yum! The
brand that also owns food restaurants follows Taco Bell, Wing Street, Pizza Hut
and the latter continues.
- KFC is one of the established food
restaurants in India, and is generally more expensive, because KFC affiliate
prices are higher than opening a McDonald's franchise outlet.
- The franchise operations of KFC
are operated by their respective area developer and master franchises and it is
not that easy to get a franchise from KFC in India. They
usually would be happy to grant the franchise chance if the individual
incorporates a smart area and right location to open its outlet. The typically
approve their partner with a franchise model supported rent + revenue.
What is the KFC franchise cost in India:
KFC is dearer and desires high investment
to begin a franchise business chance. Within the us, the KFC Franchise
candidates should invest concerning $750,000 in assets and $1.5 Million in
total web value. KFC franchise fees in India only grant multi-unit franchises
due to its expensive investment. If an individual wants to get a KFC franchise
unit, of course, he must have high financial ability to invest and must also
have strong retail and real estate shares. If you have premises in a good tier
1, tier 2 and tier 3 city locations, you can apply for a KFC franchise unit in
India, the company may consider your application to lease your property for
their store.
The estimated cost of
a KFC franchise in India will be around 1 crore. To find out the exact cost of
opening a KFC restaurant, you should visit their official KFC franchise
website. In addition to investment and financing, the following factors are
also required to keep pace with the growth of the KFC franchise unit.
How to register a KFC franchise online in India?
To start a KFC franchise unit, you need to register on their official website https://www.kfc.com/about/franchising. Go to KFC official website, at bottom right of page, you can see "Contact us" option, click that https://online.kfc.co.in/contactus. Select the Franchise option and fill out the application form and proceed with entering and submitting other required fields, such as name, contact number and other required details.
Other details are:
- Available space
- Amount you can invest
- Property owner name
- Owner contact details
- Potential KFC shop address
- Location photo
- Parking details
IF you need any kinds of help related business registration solution feel free to contact Raj Startup. Our team will help you and guide which registration is helpful for your business.
Tags
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