Current location - Recipe Complete Network - Dietary recipes - How much does it cost to start a KFC franchise? What are the conditions for KFC to join?
How much does it cost to start a KFC franchise? What are the conditions for KFC to join?
How much does it cost to open a KFC? Calculate the cost in detail, most people really can't afford it), and the commercial franchise network will bring you a detailed introduction for more people to refer to: KFC franchise fee (how much does it cost to open a KFC? Calculate the cost in detail, ordinary people really can't afford it). KFC Intention Registration Form

With the improvement of people's quality of life in our country, some foreign fast food has entered our country one after another, hoping to share a piece of it in the catering field. Our most common foreign fast food is probably KFC, McDonald's and Pizza Hut. So how much does it cost to join in such a foreign fast food business? Today, I calculated how much it costs to open a KFC.

A foreign fast food brand like KFC may be an idea that many people who want to invest and start a business have had. The dining environment and popularity of KFC restaurants are much more popular than ordinary Chinese restaurants. So what does it cost to open a KFC franchise store? How much will it cost? It has become a concern of everyone.

KFC belongs to Yum! Brand. Yum's franchise fee! Brand is different from ordinary franchise fee, which contains a variety of contents. The franchise fee of KFC is divided into two parts.

On the one hand, it is the initial capital of joining, including joining fee, training fee and restaurant purchase fee. The initial fee is about 350,000. Training fees and restaurant purchase fees need to be determined according to the actual situation of the restaurant, but they basically need to be between 3 million and 5 million, and county-level cities are slightly cheaper.

On the other hand, it is the fees that franchisees need to pay during their operation, including franchise period fees, advertising funds, system support service fees, etc. The specific expenses of these items are charged according to a certain proportion of restaurant turnover. Therefore, each restaurant needs to pay a different amount of fees. Many small counties I know charge 6% renewal fee.

In addition, you need eight to ten people from the store manager to the shop assistant, so these expenses are included. In that case, all the expenses add up, and 6 million is the least.

According to Yum's financial statements. , as of 2020, 65438+February, Yum! There are 59 10 KFC restaurants in China, which are distributed in more than 200 cities. How much did these 59 10 KFC restaurants earn? In 2020, Yum! China's revenue is $8.42 billion, of which about $6 billion is created by KFC.

The profit margin of KFC restaurants is about 16%. In other words, the profit of a single store was about1120,000 RMB, which was taken away by Parkson China. How much can franchisees earn? For example, a county-level city with a storefront of 200-300 square meters a month has a daily passenger flow of 300-400 people, with an average unit price of 30 to 35 yuan and a gross profit margin of 65%-70%. This year's profit is 0.5 to 2.5 times that of 65438+ Parkson, which is about 1.6 million to 3 million yuan. How much you can earn depends on the local population and purchasing power. But on the whole, KFC is still very popular, because of its speed and taste, so most stores are still very profitable.