Kentucky Fried Chicken Franchise

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Detailed Information

Capital Required
$1,442,550 - $2,771,550

Liquid Capital
$750,000

Net Worth
$1,500,000

Financing Assistance
Available Via Third Party

Training and Support
Available

Initial Franchise Fee
$45,000

CEO Name
Tony Lowings

Company Owned Units
440

Existing Units
22000

 

Overview

Kentucky Fried Chicken is the world’s most popular chicken restaurant franchise. Famous for its finger-lickin' good Original Recipe™, the brand also features grilled chicken, Extra Crispy™ Tenders, Hot Wings™ and fresh-made sandwiches and sides. Approximately 185 million people see a commercial for KFC weekly, and more than 12 million customers are served daily in over 115 countries. It is estimated that a new restaurant opens somewhere in the world every six hours.

Why Choose Us?

KFC is a strong brand that has stood the test of time, in a broad range of economic times, from the Great Depression to the Decade of Excess and the Great Recession. For more than 70 years, the secret herbs and spices and tasty meals that the whole family loves have remained affordable. The Yum! Network has a comprehensive franchise value system and reliable supply chain that helps business owners to compete.

Brand recognition, access to financing, business support and quality training help improve the return on investment, providing economic stability.

Ideal Candidate

The ideal KFC candidate has previous ownership experience and proven his/her ability to operate a multi-unit restaurant, preferably in the quick service niche. They must have the motivation and commitment necessary to make their business a success. This includes investing the time and effort required for the training programs and willingness to guarantee Franchise Agreement obligations. He/she must be actively involved in the day to day operations of their business.

From a personal standpoint, franchisees must have a history free from legal action, including bankruptcy. They must also exhibit financial and personal stability, with a solid business history and positive referrals.

Individuals with a passion for operations, a commitment to building a quality team and capital to grow are encouraged to become franchise owners.

History

Born in 1890, Harland Sanders wore many hats before establishing his secret recipe with 11 herbs and spices. He left school in the sixth-grade and took jobs such as fireman, insurance salesman, army mule-tender and politician. By 1930, he was the owner of a service station and began cooking for travelers who stopped for gas. This was a hit, and soon he perfected his recipe and cooking technique that would become Kentucky Fried Chicken.

The spice mixture is a multi-million dollar formula that is protected by security precautions, even today. The introduction of the bucket of chicken was as innovative as the decision to use a pressure cooker to ensure the food was tender and juicy every time. The colonel was an ambassador for his brand, and he often showed up at a franchise location to promote his high-quality, delicious fried chicken. He was a humble man who believed integrity was the essential ingredient for success.

The Colonel sold his company to an investor group that included John Y. Brown Jr, a future Kentucky governor, in 1964. He continued to be the official face and spokesperson of the brand until the 1980s. Throughout that time, he became one of the more recognizable people on earth. PepsiCo, Inc. acquired the brand in 1986 and spun it off into Tricon Global Restaurants Inc. in 1997. Today, Yum! Brands, Inc., the parent company of KFC, is the largest restaurant company, employing more than $1 million associates worldwide in nearly 33,000 locations.

Training And Support

Franchisees or their principals, managers and specific employees must attend training: 1 week of orientation, 2 weeks online training, 4 weeks in-restaurant, hands-on training.
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