Posts Tagged ‘Security’

Kentucky Fried Chicken – Franchise Review

March 30th, 2022

Kentucky Fried Chicken is one of the world’s first fast food restaurants and one of the best because of their original recipes and top of the line customer service. Kentucky Fried Chicken has been serving the masses since the 1930′s and now have hundreds of branches around the world serving millions of customers. If you want to start a fast food business, Kentucky Fried Chicken is the one of the best choices. It has a stellar reputation and it a proven track record of success.

Kentucky Fried Chicken is one of the members of Yum! Brands Inc. Other popular restaurant chains which belong to the same company are Taco Bell, Pizza Hut and Long John Silver’s. Yum! has businesses in 37,000 locations in over 120 countries around the world. It also ranked 239 on the Fortune 500 list, which is quite an achievement.

How to Start a KFC Business:

Becoming a franchisee of Kentucky Fried Chicken is a sure way to gain profits but it may not be for everyone. There are qualifications to be met before an applicant gets the green light on franchising.

Individuals who are interested in starting their very own KFC business will need to invest a total of $1.5 to $1.8 million. The minimum financial requirement is actually a $1.5 million net worth and $750,000 in liquid assets. The initial franchise fee costs is $25,000. There is also a 20-year agreement which a franchisee must commit to. Provided that all qualifications and requirements are met and the application for franchise is accepted, there is also the annual renewal fee of $4.9K. Interested individuals need to take note that KFC is a restaurant business and it is hands-on. Experience in the food business is needed to make the business successful. For some people who do not have such experience, it will be helpful to hire someone who does to make sure the business stays afloat.

Among the many things which KFC will provide to franchisees are free training for the crew on how to handle multiple branches and they also have a value network to help franchisees compete in advertising and brand recognition. Kentucky Fried Chicken will help franchisees every step of the way. Franchisees will be assisted through each step of the application process.