KFC belongs to Yum! Brands, one of the global catering groups. Everyone is no stranger. Since the first restaurant in Chinese mainland was opened in Qianmen Street in 1987, after more than 21 years of development, KFC has opened more than 3,111 chain restaurants in more than 511 cities in Chinese mainland, which is one of the large-scale and fast-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 xiaobian reveals it for you. KFC intends to join the registration form

KFC: The first phase of smart choice is 8 million yuan, and the ready-made direct store is transferred, and the first phase of smart choice is 8 million yuan.

1) At present, KFC's franchise business in mainland China only adopts one way-restaurant transfer. That is, select some suitable KFC restaurants and select qualified franchisees for resale. Authorized franchisees can buy one or two or three restaurants in the same area at the same time, and new KFC restaurants can be opened in the same area in the future. At present, the restaurants that can be transferred are basically distributed in small cities with high consumption level. This is the joining condition that He Zhizhong, director of franchise department of Yum! Brands China, the parent company of KFC, shouted at the recently concluded "China Franchise Conference".

2) 8 million yuan "not starting from scratch" for 2111 years. At present, KFC's joining is limited to the transfer of existing stores, instead of opening new stores with its own stores/locations, which is popular in the United States, that is, KFC adopts the strategy of "not starting from scratch" in China. He Zhizhong said that the reason lies in reducing the number of franchisees and cultivating the China market.

the transfer fee for each restaurant is more than 8 million yuan. The business area of KFC restaurants ranges from 351 to 411 square meters. This 8 million yuan is the reference price for buying a KFC restaurant based on some comprehensive indexes. The actual transfer fee will depend on the sales and cashier status of the target restaurant. After paying this fee, the franchisee can take over an operating KFC restaurant, including all the decorations, equipment and facilities in the restaurant, and the trained restaurant staff, including the cash flow and cashier generated in the future operation.

KFC joining fee; Initial investment for joining: initial fee for joining. Basic management training fee for receiving stores. Purchase cost of restaurants with RMB 2 million or more. Fees shall be paid during the period of continuous operation. Franchise continuation fee: 6% of restaurant turnover. Advertising and promotion expenses: not less than 5% of the restaurant's turnover

What is the cost of KFC joining? The purchase fee of each restaurant will be calculated according to the specific situation of the restaurant. Franchisees can arrange a certain proportion of borrowing money by themselves, but the proportion of their own funds invested by franchisees in this project cannot be less than 51%. You have an approximate number in mind. If you want to join us, please contact us quickly.

source: KFC official website.