These second-and third-tier cities promoted by KFC have either two prices, or two million or eight million. Franchisees can "bargain" with KFC in the price range of 2 million yuan to 8 million yuan because of the different location, popularity and operating conditions of the stores. McDonald's had previously launched an initial fee of 2.5 million to 3.2 million yuan, but everything had to start from scratch. KFC, which has an advantage in China market, will undoubtedly put more pressure on McDonald's by lowering the threshold for joining. If you want to invest in fast food, it is suggested that you can choose second-and third-tier domestic and foreign fast food brands with reasonable prices and certain successful experience. The threshold of McDonald's KFC is too high and the risk is too great. Caption: China Yum! Brands welcomes like-minded partners to join KFC franchisees and create a better future together. China Yum! Brands is a well-known chain restaurant, operating brands such as Pizza Hut and KFC. It is a wholly-owned subsidiary of Yum! American brands. Delicious! Brands was founded on June 5438+0997+1October 7, 2007. At that time, Pepsi separated its three major catering brands-KFC, Pizza Hut and Taco Bell, and established Yum! Brand. We have more than 1000 KFC restaurants and more than 120 Pizza Hut restaurants in China, and Taco Bell also opened its first restaurant in Shanghai in May 2003. At present, only a small part of all restaurants in Yum! It is a franchise in China. China Yum's franchise project provides a unique opportunity for its franchisees. This kind of opportunity is when you get the support of trademark, operation, system and marketing from a large international organization, and at the same time have your own company, and get a sense of accomplishment and profit. We are convinced that joining KFC's franchise will create a different life for you under the guarantee of our professional leadership and international brand quality. How to apply to join our strict selection process, so that both parties can carefully check the relevant facts and figures. Listed below are the details that our franchisees should know. 0 1- franchise advantages KFC's franchise in China is a franchise that does not start from scratch, that is, KFC resells a mature and profitable restaurant to franchisees. Different from the usual franchise mode, franchisees don't have to start from scratch, avoiding a lot of complicated work such as site selection, store opening, recruitment, training and management of employees, among which deciding where to open a store is often the key to success. Take over a profitable KFC restaurant from Yum! In China, the joining risk will be greatly reduced and the chances of success will be improved. As an international brand, KFC believes that "not starting from scratch" franchise in China market is the best way to start. It can ensure that franchisees can integrate into KFC's standardized management system as soon as possible and develop together. 02- Apply for joining qualification. We hope that you are a powerful investor and operator who is really eager to develop. You agree with KFC's corporate culture, have entrepreneurial spirit, have good business management experience in related industries, are willing to engage in the management of the service industry, are willing to handle daily business matters, have no criminal and bankruptcy records, are willing to move to other cities for the cause, and have no conflict of interest with all brands under Yum! 03- Long-term cooperation. This is the first franchise agreement. In the future, franchisees must voluntarily engage in KFC franchise for more than ten years. Investment funds require that the initial investment of each franchisee is different. The new franchisee will be authorized to run a KFC restaurant in operation, and the purchase cost of each restaurant will be at least 8 million yuan (including all the decoration, equipment, profit, lease and employee transfer of the restaurant, but excluding the purchase of real estate). Franchisees can arrange financing by themselves. But the proportion of our franchisees' own funds invested in this project is not less than 70%. The following fees are the same as the initial joining fee paid by all franchisees at the beginning of the opening of a franchise store. This fee is one-off and will be adjusted according to the price index of the United States that year. At the same time, every franchisee must pay this fee when developing a new store. The cost of going concern includes royalties and advertising sharing fees. These rates and fees are formulated on the current basis and will remain unchanged for ten years after the franchise contract is signed. 05- Choose the joining area according to the overall development needs of China Yum! In China, we choose the existing KFC restaurants distributed in different provinces and provide them to eligible applicants. At present, it mainly provides certain joining opportunities in small and medium-sized cities in China, and KFC restaurants have already opened in these cities. Like all our international standard franchise agreements, all franchisees do not enjoy exclusive rights in regional and commercial circles. 06- Pre-employment and post-employment training is the key to success. Successful candidates will be required to attend an extensive training program of 13 weeks before running the restaurant. 13 weeks of restaurant training will enable franchisees to effectively master the duty management they need to know to run a successful restaurant, lead courses such as restaurants, and also include the study of various workstations such as Hamburg workstation and French fries workstation. After franchisees take over the restaurant, they should also arrange long-term internship in restaurant management. In the process of training, future franchisees should bear their own expenses (transportation expenses and living expenses). 07- Commitment of both parties This is a huge investment for both parties. Before you get our franchise opportunity, you must know that this is a big commitment for both parties, which is very important. The capital you have invested is huge and risky. Before we begin, we hope you can seek some independent financial guidance. Similarly, for our company, this is also a long-term business cooperation relationship of at least ten years. Because of this, we will start cooperation only when we are completely satisfied with your organization, financial situation and project plan. The whole process of application, training and audit takes about six months. Note: At present, we don't use our own storefront/location to open new stores. If you have your own store recommendation, please contact the development departments of local branches.