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What are the joining fees of KFC and McDonald's, and what do they offer? What is the initial cost?
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The franchise fee for KFC restaurants is as low as 2 million yuan in second-and third-tier cities, and has remained at 8 million yuan in municipal districts. After joining, it includes restaurant equipment, decoration, profit, personnel, supply and technology, but does not include the rental fee of the restaurant, which shall be paid in one lump sum before transferring the restaurant. The general franchise agreement has a term of ten years.

For the requirements of the applicant, the application shall be made by one person alone or jointly by the main operator and the partner, and the capital of the main operator must be greater than 30%. Partners also need to accept KFC's understanding and investigation, and get the approval of the joining Committee. Therefore, KFC can not invest if it has the money to invest. The investigation of joining the Committee is strict.

Similarly, the franchise fee of McDonald's is also based on the franchise fee level of prefecture-level cities and urban centers, and the price is between 500-4 million. The supported service is similar to KFC, but not as good as KFC in the domestic McDonald's market.

Based on small and medium-sized investment in catering industry, there are many categories to choose from. Youyou milk tea is also a franchisee integrating western-style leisure snacks and drinks for you to choose from. I wish you success in your career!