It is one of the largest and fastest-growing fast food chain enterprises in China. Really achieved fire, loved by everyone, especially children. This is of course one of the brands that many entrepreneurs want to join, so how much does it cost to join KFC? Bian Xiao, the following chain home, reveals it for you.
KFC: The initial investment is 8 million yuan.
At present, KFC's franchise business in Chinese mainland only adopts one way-restaurant transfer. It is to choose some suitable KFC restaurants and choose qualified franchisees for resale. Authorized franchisees can buy one or two or three restaurants in the same area at the same time, and they can open new KFC restaurants in the same area in the future. Yes, it takes at least 8 million to join KFC.
The transfer fee of each restaurant is more than 8 million yuan. The business area of KFC restaurants ranges from 350 to 400 square meters. This 8 million yuan is the reference price for buying a KFC restaurant according to some comprehensive indicators. The actual transfer fee will depend on the sales and profits of the target restaurant. After paying this fee, the franchisee can take over an operating KFC restaurant, including all the decoration, equipment and facilities of the restaurant, as well as the trained restaurant staff, including the cash flow and profits generated in future operations.
KFC joining fee; Initial investment: initial cost of joining. Training fee for basic management of receiving store. The purchase cost of restaurants above 2 million yuan. The expenses shall be paid during the continuous operation. Franchise renewal fee: 6% of restaurant turnover. Advertising and promotion expenses: not less than 5% of restaurant turnover.
Reference: KFC official website