Kfc Franchise Cost In India :- Every major company opens its branches to expand their business, and gives other traders an opportunity to open franchises to connect with them. KFC also gives the opportunity to open the franchisees to share the name of their brand and the way of doing business, in the form of KFC franchise. In other words, this franchisee means that you can run your business in the name of a big company, using their brand name. You will not need to do marketing and you will set up your business quickly. Just in return, you have to share some part of the profits that you earned from that business. You will be charged a certain amount of money as a fee while buying the franchisee. Buying KFC franchisee means that you can sell KFC’s famous dishes by the name of the brand. The company will train you to run the business.
Kfc Franchise Cost In India :- KFC is the second-largest restaurant chain in the world after McDonald’s. It has approximately 23,000 outlets globally in around 140 countries. The American fast-food chain is growing pillar-to-pillar from its first franchise restaurant in 1952 to now having a presence in over 140 countries. For the last 67 years, it has been disrupting the fast-food industry with its signature chicken fries. The chain is a subsidiary of Yum! Brands, a restaurant company that also owns food chains like Pizza Hut, Taco Bell, and Wing Street.
Kentucky Fried Chicken ( KFC )
KFC Franchise Cost In India KFC’s full form is ‘Kentucky Fried Chicken’. Kentucky is a south-eastern state in the USA. KFC entered the Indian restaurant industry in June 1995, with a two-story outlet on Brigade road in Bangalore. The brand started its franchising model in 2002 and in 2015 they re-organized the business under well-capitalized and larger franchisees. Today there are 400 KFC outlets all over India across 100 cities. The KFC menu options in India include the Hot & Crispy Chicken and Fiery Grilled bucket options, recently launches 5 in 1 meal box, Krushers, Chicken Zinger, and Rice Bowls, etc. The company has adopted the standard KFC offerings with an Indian taste.
How KFC Franchise Works
KFC Franchise Cost In India In India, KFC operates both in Equity owned and Franchise owned models.
Right now it is directly operating 10% of its 400 outlets, the remaining 90% is currently operated by a franchise model.
As you know, KFC is Yum!’s largest brand in India, followed by Pizza Hut and Taco Bell.
In India, Yum! Operates via three franchise partners namely Sapphire Foods, RJ Corp-owned Devyani International, and Burman Hospitality. KFC Franchise Cost In India
Out of these three, Burman hospitality is the master franchise for Taco Bell Brand.
Sapphire Foods and Devyani International mainly focus on KFC and Pizza hut Brands. They operate approximately 800 KFC and Pizza Hut restaurants all over India.
So, if you are an individual, then getting a KFC Franchise in India would not be an easy task.
Kfc Franchise Cost In India
Kfc Franchise Cost In India :- The amount to open a KFC franchise is approximately Rs.2 crore per Indian rupee. This business is often opened by such people, whose economic situation is strong because its decoration and maintenance cost is on the higher side. Simply put, keep the amount from 2 to 5 million in advance out of which, about one-third of the money goes into store food items and two-thirds to the restaurant that is KFC’s franchisee framework. The cost is more than the cost of the McDonald’s franchisee opening.
Fees and percentage for KFC franchise Kfc Franchise Cost In India
Kfc Franchise Cost In India :- You have to pay the full amount of money to open the franchisee and to build your shop. Depending on the money it will be decided that how many levels of franchisee you are going to get. You have to give 5% of the full earning royalties and 5% as promotional fees. Not only this, after 2 to 3 years, you have to renew the franchise.
Essential documents for Kfc Franchise Cost In India
- KFC demands FDD (Franchisee Disclosure Document) before giving the franchise. In which the prominent franchisee agreement, development agreement, all the terms and conditions of the financial agreements are mentioned. These documents are signed by you and the company after agreeing on all the terms. Kfc Franchise Cost In India
- In other documents you will have to give documents related to your franchise as to who is the land owner and what is your right on that land. With this you have to give proof of your property flowing with your citizenship documents. If you are an Indian then you may have to deposit the base card, PAN card and voter ID too.
Benefits of KFC franchise
Kfc Franchise Cost In India:- After opening the franchisee of KFC, almost or estimated three times gain is received within one year. But depending on what type of franchisee you have opened in this field depends more on it. It is easy and better to open KFC franchisees in the field of the food sector to make quick startups and earn more money in a significantly lesser time. The best part is that the prices of all food meals that are made or sold in its name are already fixed in the market.
Training Overview of KFC Franchisee Company
- As per the KFC terms and conditions, the franchisees may be an entity or a Control Person must attend the initial training program provided by KFCLLC on “How to operate an Outlet” and must complete the training program to the franchisor’s satisfaction.
- The designation of key operator should be occupied by the franchisees to complete the Key Operator Restaurant Training program given by the KFC Franchise company.
- Under the franchisor’s guidance and direction, the other employees of franchisees must attend the training program and must complete it to KFC Franchise Company’s satisfaction.
- All the training programs are scheduled as per the need and it will be done at KFCLLC’s designated national, regional or divisional offices or other places in which the franchisor of KFC franchise costs may assign. Kfc Franchise Cost In India
- Training programs of KFC Franchise company include computer-based training program via its Learning Zone program, written notes, and on-the-job training program at various KFC Outlets and classroom instruction. Kfc Franchise Cost In India
- The person who finishes the Key Operator Restaurant Training program provided by KFC will train other employees at their Outlet. Kfc Franchise Cost In India
- Further, the franchisor may call for franchisees and their employees to pay heed and complete the additional and ongoing training or refresher course, meetings, programs and seminars at times in different locations that KFC Company reasonably requires.
Franchise Terms and Conditions
- The agreement may allow the franchisor to change its business model without the franchisee’s consent. These changes may require you to make additional investments in the business.
- You may be required to buy items from the franchisor or suppliers the franchisor designates. These items may be more expensive than similar items you could find in your network.
- You may have to pay royalty commission and other fees even if your business is in loose.
- The agreement may prohibit you from operating a similar business during the term of the agreement. Kfc Franchise Cost In India, Kfc Franchise Cost In India
- Franchise agreement usually grants you a territory. Even though the franchisor may have the right to compete with you in your territory. Kfc Franchise Cost In India
- The time period of the initial franchise term is usually about 20 years. Your agreement may not permit you to renew it. Even if you renew, you may have to sign a new agreement with a different set of terms and conditions.
How to apply for KFC franchisee?
KFC Franchise Cost In India In order to apply for the KFC franchisee, you have to apply by visiting its official website. This means that you have to fill in some of your information by visiting the link. You need to keep in mind that this process is the first step to get the franchisee, so you need to provide correct information because KFC also gives special attention to all the information and to all the minute mistakes. Any mistake can cause you to not get the franchisee. In order to fill that you will have to provide your full name and your permanent residence address. Along with this, you need to give your email ID and your contact number which can easily be contacted by KFC.
Along with this, you will also need to make sure that you will be present to talk, if you succeed in the first process, then you will be contacted by KFC and further process will be commenced. If your application form is not accepted due to some reason, then you do not need to be frustrated as KFC is very strict in giving its franchisee. But if you fail, then you can reapply next time.
Another option, you can contact them at their physical address
Manager, Business Development Yum! Restaurants (India) Pvt. Ltd., Global Business park T-D, Gurgaon 122002.
I hope this guide to ‘KFC Franchise’ in India will help you get started. If you have any additional suggestions, feel free to mention them in the comments section below.
Conclusion Kfc Franchise Cost In India
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