A Kentucky Fried Chicken is a famous fried chicken fast food brand and is known by its initials KFC, has its network expanded worldwide. Occupying the 64th place in the world ranking of the most important things in the world, its market value is estimated at around US $5.994 billion dollars.
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The entrepreneur who wants to be part of this large fast food chain has to prepare for a significant expense. And that's what we prepared this post with, to show how much does it cost to be part of the KFC franchise. Check out!
What does it take to become a KFC franchisor?
To be part of the large network of KFC franchises, it is necessary to follow certain requirements, as this is the only way to collaborate in the restaurant's success. Kentucky Fried Chicken requires the franchisee to follow the standards of its store, therefore, it is necessary to show excellence and professionalism in the production of its products.
The installation of the franchised store must have 60m² and is located in mall food courts without private seating.
Furthermore, the construction of the store costs approximately R$490,000. Therefore, giving the franchisee a very high investment to be put into practice.
franchise cost
It is important to know that to be part of the KFC franchise it is necessary to disburse a large amount, as the investment required to become a franchisee is R$1,850,000.00.
However, this amount includes the expenses and investments necessary to fully open the store.
However, KFC does not finance service fees, however, it has partner institutions to collaborate with this process.
Financial feedback
Despite so much invested value, KFC can give you a very large financial return, therefore, very profitable for any entrepreneur. The franchise promises a payback in up to 48 months, that is, your money will be recovered in around four years.
KFC's average income per month is around R$250,000.00 and that's just for one unit.
The profitability of the store for the franchisee on the monthly billing amount is 15% to 20%.
The franchise contract for the largest fried chicken fast food chain is for 10 years, that is, a good few years are guaranteed with this investment.
So, now that you know how much it costs to be part of the KFC franchise, take the opportunity to forward this text to that friend of yours who would also like to know.