KFC Franchise
KFC franchise business is undoubtedly one of the most profitable and rewarding options for people planning to start a retail-based food service franchise opportunity in India. But before entering, research and decide whether this KFC franchise business opportunity suits you based on your skills, interest, experience, and knowledge.
To open a KFC outlet, you need to visit the official website. Go to the established KFC website and click on the “Contact Us” option. Select the Franchise option and fill out the application form. However, existing KFC franchisees may choose to sell their businesses and therefore become a new KFC franchisees by purchasing an existing KFC business. According to the latest franchise data available from KFC, new franchise owners can expect to pay R6 million for a new franchise.
Why KFC Franchise Business?
- KFC franchise is in high demand because KFC is the world’s largest and most popular US-originated quick-service restaurant chain.
- This is a subsidiary of Yum! Brands.
- KFC is the world’s most popular chicken restaurant chain specializing in original recipes.
- Some of their trademark registration food items are Extra Crispy Chicken, Chicken Popcorn, KFC Hot Grilled Chicken, Kentucky Grilled Chicken, Extra Crispy Strips, Extra Crispy Boneless, and so on, with freshly made chicken sandwiches and home-style sides, Hot Wings and what more a food lover can ask.
- KFC has years of successful experience in building a strong franchisee-led outlet model around the world and is very popular in India.
- With around 335 restaurants in more than 100 cities in India, KFC is undoubtedly a profitable business and a rewarding opportunity for an individual to own a KFC business network.
If you are planning to start a KFC franchise outlet in India then you should know the following points:
- Kentucky Fried Chicken or KFC opened its first franchise in Utah in 1952.
- KFC is a subsidiary of Yum! Brands that also own Taco Bell, Wingstreet, Pizza Hut, and lastly, chain food restaurants.
- KFC is one of the well-established food restaurants in India and is generally more expensive because the cost of KFC franchisees is higher when opening a McDonald’s franchise outlet.
- Franchise operations of KFC are run by respective area developers and master franchisees and getting franchises from KFC in India is not that easy. If the individual has a good location and the right place to open his shop, they will be happy to offer the opportunity to the franchisee. With a franchise model, they typically recognize their partnership based on rent + revenue.
KFC Franchise Cost in India
KFC is very expensive and requires a lot of investment to start a franchise business opportunity. In the United States, KFC franchise candidates must invest $750,000 in liquid assets and $1.5 million in total net worth. KFC franchise price in India only caters to multiple unit franchisees due to its expensive investment.
An individual who wants to acquire a KFC unit must have a high financial capacity to invest and also have strong retail and real estate presence. Suppose you have premises in a good location in Tier 1, Tier 2, and Tier 3 cities. In that case, you can apply for a KFC franchise unit in India and the company may consider your application to lease your property to their outlet.
The approximate cost of a KFC franchise in India is around 1 crore. To know how much it costs to open a KFC restaurant, you need to visit their official KFC franchise website.
Apart from investment and financing, you also need the following factors to suit the growth of a KFC franchise unit:
- Management experience is the most important factor that adds a big plus to your business’s success.
- A dedicated individual who keeps customer satisfaction as a top priority.
- The true spirit of an entrepreneur.
- Passionate about running the business marathon.
- Commitment and integrity to satisfy the high expectations of customers.
- A natural panache for coaching and working with people.
