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What are the joining fees and conditions of KFC?

Click to learn more about KFC's joining fee and joining conditions as follows

Joining fee:

1. Restaurant purchase fee: more than 2 million yuan.

2. initial joining fee: about 311,111 yuan.

3. Restaurant training fee: 53,111 yuan.

◆ Fees paid during the operation period:

1. Ongoing franchise fee: 6% of the restaurant's turnover.

2. Advertising and promotion expenses: not less than 5% of the restaurant's turnover.

Conditions for joining KFC:

1. Agree with KFC corporate culture and have the same values.

2. Good business sense.

3. Understand the operation mode of catering/retail industry.

4. Have the will and long-term planning to develop the catering industry in KFC.

5. It has excellent financial qualifications for the multi-store development of KFC brands.

6. Rich personnel management experience and regional management ability.

7. Have good business resources in a specific region or channel market.

joining from scratch

The so-called "not starting from scratch" means that KFC hands over a mature and profitable restaurant to its franchisees. Franchisees don't need to do a lot of heavy preparatory work, such as choosing a site, opening a shop, recruiting and training employees, etc. These are ready-made. Among them, site selection is often the key to success, and KFC has already done it for you.

This is the best way for KFC to franchise in China market at this stage. Su Jingshi, president of Yum! China Restaurant Group in Greater China, which owns well-known brands such as KFC and Pizza Hut, said, "If a profitable KFC restaurant is handed over to franchisees, the business risks of franchisees will be greatly reduced, and they can succeed only by maintaining it."

for the above contents, please refer to Baidu Encyclopedia-KFC. Click to learn more about joining projects.