KFC belongs to Yum! Brands, one of the largest catering groups in the world. Everyone is no stranger. Since 1987, the first restaurant in Chinese mainland has opened in Qianmen Street. After more than 20 years of development, KFC has opened more than 3,000 chain restaurants in more than 500 cities in Chinese mainland, becoming one of the largest and fastest-growing fast food chain enterprises in China. Shops began to blossom everywhere without affecting the number of tourists. Deeply loved by white-collar children. However, entrepreneurs really want to know how much it costs to join KFC. Now Bian Xiao reveals it for you. KFC Intention Registration Form

KFC: The initial investment in China is not 8 million yuan from scratch. How to join KFC stores by transferring ready-made direct stores? The initial investment is 8 million yuan.

At present, the franchise business of Chinese mainland 1 KFC only adopts one way-restaurant transfer. That is, how to choose some suitable KFC restaurants to join KFC stores and choose qualified franchisees for resale. Authorized franchisees can buy one or two or three restaurants in the same area at the same time, and they can open new KFC restaurants in the same area in the future. At present, transferable restaurants are basically distributed in small cities with high consumption levels. This is the joining condition offered by He Zhizhong, director of Yum! Brands franchise chain Department. Brands China, the parent company of KFC, shouted loudly at the recently concluded "China Franchise Conference".

28 million yuan "not starting from scratch" 10 year. At present, KFC's joining is limited to the transfer of existing stores, rather than opening new stores with its own stores/locations. This is a popular practice in the United States, that is, KFC adopts the strategy of "not starting from scratch" in China. He Zhizhong said that the reason is to reduce the risk of investors and cultivate the China market.

The transfer fee of each restaurant is more than 8 million yuan. The business area of KFC restaurants ranges from 350 to 400 square meters. This 8 million yuan is the reference price for buying a KFC restaurant according to some comprehensive indicators. The actual transfer fee will depend on the sales and profits of the target restaurant. After paying this fee, the franchisee can take over an operating KFC restaurant, including all the decoration, equipment and facilities of the restaurant, as well as the trained restaurant staff, including the cash flow and profits generated in future operations.

KFC joining fee; Initial investment: initial cost of joining. Training fee for basic management of receiving store. The purchase cost of restaurants above 2 million yuan. The expenses shall be paid during the continuous operation. Franchise renewal fee: 6% of restaurant turnover. Advertising and promotion expenses: not less than 5% of restaurant turnover.

How much does it cost to join KFC? The purchase cost of each restaurant will be calculated according to the specific situation of the restaurant. Franchisees can arrange a certain proportion of loans by themselves, but the proportion of their own funds invested by franchisees in this project cannot be less than 50%.

Summary: The above is how to join a KFC store (how much does it cost to join a KFC store? ), if you are interested in entrepreneurial projects, you can consult customer service or leave a message at the bottom of the article, and we will feedback the project to you as soon as possible.

Reference: KFC official website