At present, in China, KFC's joining is limited to small and medium-sized cities, and Beijing, Shanghai, Suzhou, Wuxi and Zhejiang provinces are not allowed to join, so Hangzhou is not included in its joining license. The joining mode of KFC is "joining from scratch", that is, the new franchisees will be authorized to operate a KFC restaurant that is already in operation, and they will not be able to open a new KFC restaurant independently. In other words, KFC's joining method has the nature of "restaurant transfer". However, the requirements for this "transfer" are very strict. Franchisees can't choose KFC restaurants freely and ask for transfer, but choose restaurants with restrictions in the information and regions provided by Yum! Brands.
in addition, franchisees must meet the following requirements: college degree or above; Identify with KFC corporate culture; Have the spirit of entrepreneurship; Have relevant experience; No criminal or bankruptcy record; There is no conflict of interest with other brands operated by Yum! (such as Pizza Hut and Taco Bell). After qualification approval, franchisees will also receive 13 weeks of catering management training.
joining KFC will be a long-term cooperative relationship, and the initial term of the franchise agreement is at least 1 years. At the same time, joining KFC requires strong financial strength. At present, KFC's joining fee ranges from 2 million to more than 8 million, depending on factors such as store area and profitability. This fund includes expenses such as restaurant decoration, equipment, profit and employee transfer, but does not include the purchase of real estate. Franchisees can arrange their own financing methods, such as bank loans and finding partners. However, the proportion of self-owned funds invested by franchisees in this project cannot be less than 7%.
KFC will start cooperation with franchisees only after the organization, financial situation and project plan of the franchisees who apply for joining are fully recognized. The application procedure for joining KFC is as follows: download the application form and send it to Yum! by E-mail or fax; Two interviews; Three-day restaurant internship; The third interview; Confirm the qualification to join, select restaurants and sign a letter of intent; Conduct 13 weeks of catering training; Take over the store and formally operate. The whole process of application, examination and training takes about 6 months.
joining conditions Top↑
applicants must meet the following conditions: agree with KFC's corporate culture? Entrepreneurial spirit? Have a college degree or above? Have good experience in enterprise personnel management in related industries? Willing to engage in the management of service industry? Willing to handle daily business matters? No record of crime or bankruptcy? Willing to move to other cities for career? No conflict of interest with KFC brand? Sufficient funds
This is a long-term cooperative relationship; The initial term of the franchise agreement shall be at least ten years. Future franchisees must voluntarily engage in KFC franchise for more than 1 years
Investment requirements
The initial investment of each franchisee is different, and the new franchisee will be authorized to operate a KFC restaurant in operation, and the purchase fee of each restaurant will be calculated according to the specific situation of the restaurant (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. However, the proportion of self-owned funds invested by our franchisees in this project cannot be less than 7%.
The following fees are the same for all franchisees
The initial franchise fee must be paid at the beginning of a franchise store, which is one-off. At the same time, every franchisee has to pay this fee when developing a new store. The cost of going concern includes the franchise use fee and the advertising sharing fee. Before receiving the store, the training fee must be paid for 3 months of training.
Selection of joining regions
According to the overall development needs of China Yum! in China, we selected the existing KFC restaurants distributed in different provinces and offered them to eligible joining applicants. At present, we provide certain joining opportunities in areas where KFC restaurants have opened except Beijing, Shanghai and Zhejiang. Like all our international standard franchise agreements, all franchisees do not enjoy exclusive rights in regional and business circles.
Training is the key to success
Successful candidates will be required to participate in a comprehensive 13-week training program before running a restaurant. The 13-week 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 will bear their own expenses (training fees, transportation expenses and living expenses).
this is a big 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 substantial 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 partnership of at least ten years. Because of this, we will only start cooperation when we are completely satisfied with your organization, financial situation and project plan. The whole process of application, training and review takes about six months.