Do you want to start the KFC franchise business in India? Do you have an interest in starting a business in the retail food industry? Read this article to learn why and how to apply including cost and investment.
The KFC system serves more than 12 million customers each day in more than 115 countries and territories around the world. KFC operates more than 17,000 restaurants in the United States and internationally.
KFC’s parent company is Yum! Brands, Inc., is the world’s largest restaurant company in terms of system restaurants, with more than 40,000 locations in more than 130 countries and territories and employing more than one million associates. Yum! is ranked number 201 on the Fortune 500 List, with revenues exceeding $13 billion in 2012.
Why KFC Franchise Business?
KFC is the biggest Quick Service Restaurant (QSR) chain in the world. KFC®, a subsidiary of Yum! Brands, is the world’s most popular chicken restaurant chain specializing in Original Recipe®, Extra Crispy™, Kentucky Grilled Chicken®, Extra Crispy™ Strips, and Extra Crispy™ Boneless, with home-style sides, Hot Wings™, and freshly made chicken sandwiches.
With years of experience, KFC has successfully created a strong franchise-led business model around the globe. KFC now has 335 restaurants in more than 100 cities in India. It is indeed profitable as well as rewarding for an individual to be a partner of the KFC franchise Business Network.
Investments Required for Opening a KFC Franchise Unit
KFC is a high investment franchise business opportunity. In the United States to own KFC Franchise candidates must have $1.5 Million in total net worth and $750,000 in liquid assets (liquid assets are defined as cash or an asset that can be converted to cash within 10 business days).
Requirements are commensurate with ownership level and may be significantly higher than minimum requirements based on the size of the transaction.
What is the Estimated Cost to Start KFC Franchise in India?
In India, the company offers only multi-unit franchisees. If you have a high financial capacity to invest and strong retail and/or real estate experience, you can consider applying for a franchise of KFC. If you own premises in a good locality of tier 1, tier 2, and tier 3 cities, the company might consider leasing your property.
The estimated investment for the KFC franchise in India will be around 1 crore. Additionally, you need to have a retail space of around 1000 sq. ft to 1500 sq. ft.
You also need to have access to further funding to match the growth. Along with a real entrepreneurial spirit and having managerial experience in the hospitality industry will be a big plus.
The expected commission is generally around 5% of the actual total sales volume.
If you are interested in partnering with KFC in India, you will have to visit their official website and fill in the application form. Go to the official KFC website, click Alliance with Us in the footer, and select the option Franchise. Fill in the details as instructed and wait for their reply. You can also contact:
Deputy Manager – Business Development Yum! Restaurants ( India ) Pvt. Ltd. Global Business Park Tower D, 12 Floor Gurgaon – 122002, India. Email Contact: franchisee.India at yum.com.
KFC franchise business opportunity is a profitable and rewarding option for individuals looking for a retail-based food service franchise opportunity. Analyze and decide whether this business opportunity fits you as per your skills, experience, interest, and knowledge.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.