In order to start a KFC franchise in India, you require:
- An investment of rupees 1-1.5 crores
- 1000-1600 square feet commercial space that meets the guidelines of the company
- A strong experience in the retail food industry
- A franchise term of about 20 years
- 4-5% royal commission on the actual sales to be paid
- Minimum investment of 20 lakhs
- Outlet space in a prime business area
- Managerial experience
How to start KFC franchise in India?
To start the KFC franchise in India, one requires an investment of ₹ 1 crore to ₹ 2 crores with a 1000 to 1500 square feet space. Also, an amount of ₹ 20 lakh is needed to start a franchise of this brand. This amount will enable the franchise owner to get the marketing service from the franchisor.
How many KFC restaurants are there in India?
With about 335 restaurants in over 100 cities in India, KFC is undoubtedly a profitable business and also it is a rewarding opportunity for an individual to be a franchisee of KFC Business Network. Get Trademark Registration @ 24 Hours! Kentucky Fried Chicken or KFC started its first franchise outlet in Utah in 1952. KFC is a subsidiary of Yum!
Which fast food chain is the most expensive in India?
Brands, the multinational corporation that owns famous fast-food chains such as Taco Bell, Pizza Hut, etc. KFC is one of India's widespread and established eateries, and it's often more costly since its franchise cost is higher than starting a McDonald's franchise outlet.
How many KFC franchisees are there in the world?
After gaining popularity among local people, KFC started their first franchise outlet in 1952. KFC is serving more than 12 million of customers each day in approx. 140 countries, it has more than 40000 Stores all over the world, and KFC is ranked on 201 numbers in the list of fortune 500 companies.
How much is KFC franchise fee?
$45,000For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.
What is the profit of KFC in India?
In fiscal year 2022, the annual sales revenue of KFC in India was over ten billion Indian rupees, up from about five billion Indian rupees in fiscal year 2021.
What is the cost of McDonald franchise in India?
A McDonald's franchise requires a total investment of ~Rs 6.6 Cr-Rs 14 Cr, with liquid capital available of Rs 5 Cr. The franchise fee is Rs 30 lakh. As a franchise, you will be charged a service fee of 4% of total sales. NewsletterSIMPLY PUT - where we join the dots to inform and inspire you.
What is the profit margin for KFC?
3420 Financial Summary3420Gross margin TTM28.29%Operating margin TTM8%Net Profit margin TTM6.02%Return on Investment TTM7.06%
Which is best franchise to buy in India?
Top 10 Profitable Franchise Business Opportunities in IndiaTumbledry Franchise Store.Kalyan Jewellers Franchise.Domino's franchise store.Dr Lal Pathlab Franchise.FirstCry Franchise Store.VLCC Franchise Salon.Kidzee Franchise.Jockey Franchise Store.More items...•
How can I open a KFC?
The franchise fee to become a KFC franchise owner is $45,000, with an estimated startup costs totals ranging between $1.2 million and $2.5 million. A 5% royalty fee on gross monthly receipts is paid to the company.
How much does Domino's franchise cost?
Initial franchising fee: The Domino's initial franchise fee is $10,000 for building a new store or refranchising a closed store. Do note that Domino's sometimes charges a "reservation fee" of $25,000. The franchise disclosure document that you receive will have more details on this additional fee.
What is the cost of Domino's franchise in India?
Rs 35 - 50 lakhThe franchise cost for a Domino's Pizza store in India is Rs 35 - 50 lakh, relatively low compared to other countries. The cost to purchase a franchise for a traditional pizza joint ranges up to 50,000,000 rupees in India.
Which franchise is profitable in India?
India is a mega-market for the most profitable franchise businesses....Jawed Habib Hair and Beauty Ltd.Franchise BusinessJawed Habib Hair and Beauty Ltd.IndustryBeauty and WellnessFounded in2006InvestmentINR 20-30 LakhsFranchise Units875 (approximately)1 more row
How much does a KFC owner make a year?
Although the exact salaries of KFC franchise owners are kept private by Yum! Brands, it is estimated that they take home around $120,000 per year. This is grounded on the average salaries of food franchise owners. Individual KFC units produce revenues between $942,000 and $1,000,000 per year.
How does KFC earn money?
KFC earns most of its revenue from the sale of food and drinks to its customers (both online and in-store). It also earns from its franchise agreement through its licensing fees. As of 2020, it earned around US$ 27.9 billion worth of revenue.
Is KFC still profitable?
Brands, KFC generated a revenue of approximately 2.79 billion U.S. dollars in 2021.
Which franchise is profitable in India?
India is a mega-market for the most profitable franchise businesses....Jawed Habib Hair and Beauty Ltd.Franchise BusinessJawed Habib Hair and Beauty Ltd.IndustryBeauty and WellnessFounded in2006InvestmentINR 20-30 LakhsFranchise Units875 (approximately)1 more row
How much McDonald's earn from India?
The total revenue of McDonald's operated by Westlife Development Private Limited (WDL) in India was over 15 billion Indian rupees in fiscal year 2022, up from about ten billion Indian rupees in fiscal year 2021.
How much does KFC make per month?
How much does KFC in South Africa pay? The average KFC monthly salary ranges from approximately R 2 452 per month for All Rounder to R 9 913 per month for General Manager.
How much does a franchise owner make in India?
Franchisee Owner salary in India ranges between ₹ 1.2 Lakhs to ₹ 15.0 Lakhs with an average annual salary of ₹ 4.8 Lakhs.
How do I get a KFC franchise in India?
To get a KFC franchise, you need to check the company's official website. There, you need to fill out an application form for the KFC franchise giv...
How much is the KFC Franchise Cost in India?
The capital you need to gain ownership of a KFC franchise outlet often comes between 1-2 crore rupees. However, the cost can differ based on the lo...
How profitable is the KFC franchise in India? Is it worth it?
There is no actual figure or statistic accessible on the Internet to show the lucrativeness of the KFC franchise in India. However, it does not sig...
Why KFC Franchise Business?
KFC Franchise is in much demand since KFC is the biggest and popular US originated Quick Service Restaurant chain in the world.
What is KFC training?
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.
How many locations does KFC have?
With more than 40,000 locations in over 130 countries and union territories and more than one million employees and associates, KFC or Kentucky Fried Chicken stands on the top in food restaurant company. The approximated investment needed to start a KFC franchise in India will be around 1 crore. Actually, KFC’s parent company is Yum! Brands, Inc., and it is one of the world’s largest restaurant companies in the system restaurants category. Yum! is one of the restaurants that ranked number 201 on the Fortune 500 List, with grosses nearly 100 crores in 2012.
How much does it cost to own a KFC franchise?
The franchise fee to become a KFC franchise owner is $45,000, with an estimated startup costs totals ranging between $1.2 million and $2.5 million. A 5% royalty fee on gross monthly receipts is paid to the company. Based on various magazines estimates KFC is able to make a good profit ranging from 7% to 8% of the total sales. Total Profit is estimated to be $70,000 to $90,000 per year/per store. Also if we consider monthly figures then a store can garner a good amount of monthly profits ranging from $5.8k to $7.5k per month.
When did KFC start?
Kentucky Fried Chicken or KFC started its first franchise outlet in Utah in 1952. KFC is a subsidiary of Yum! Brands which also own the following food restaurants Taco Bell, WingStreet, Pizza Hut and the last goes on.
Where is KFC located?
12 Floor Gurgaon – 122002, India. KFC Franchise Contact Number: 0124-4025100. Email Contact: franchise.india at yum.com. Yes, KFC franchise business is one of the undoubted profitable and rewarding options for people who are planning to start a retail-based food service franchise opportunity in India.
Does KFC require training?
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.
How to apply for KFC Franchise In India ?
To apply for a KFC Franchise in India, you need to follow the following steps :
How many KFC restaurants are there in India?
But if you have good amount to invest into food franchise business, this can be a golden opportunity. Today India, KFC is operating more than 340 open restaurants in top 100 city of India.
How much does KFC charge?
As every business charges some percentage of the total sales budget, KFC also Charges around 10% to 20% of your sales amount. It may varies from product by product.
Is KFC franchise profitable in India?
Today India, KFC is operating more than 340 open restaurants in top 100 city of India. Also, KFC is looking for more expansion in Indian continent and due to this KFC Franchise is most profitable franchises business opportunity.
Is KFC a franchise?
Kentucky fried chicken [KFC] is currently the most popular brand after MacDonald’s Franchise business in India. KFC has started his business in early 1939. After getting popularity of this brand among the local people, KFC has started its first franchise outlet in 1952. KFC is serving more than 12 million of customers each day in approx. 115 countries, it has more than 17,500 Stores all over the world, and KFC is ranked on 201 numbers in the list of fortune 500.
What franchises can you get in Chatkazz?
You can Also go for Chatkazz, Cafe Coffee Day, Fyi it's Maggi (you need to search this, it's low cost but productive). You can also get franchise of Ice Cream parlor like Vadilal, Top n town and other more leading franchises.
How many KFC outlets are there in India?
KFC has a solid presence in India. The organization has around 350 KFC outlets spread across different parts of India. It was in June of 1995 that KFC opened its first store in Quite a while which was a two-story outlet on Brigade Road in the city of Bangalore.
How much do you have to pay to open a franchise?
The fees depend on what category franchise you are taking. You have to pay 5% of the entire earnings as royalty and 5% as a promotional charge. Not only this, after 2 to 3 years, you also have to pay the franchise renewal fee.
How to get a free consultation with Brands?
Feel free to visit their website, browse the brand opportunities and then simply fill a form, The team will then get in touch with you and schedule a free consultation to help you understand the brands and the investment required.
Does KFC franchise in India?
KFC does not offer franchise in India. If you own a premises in good locality of tier 1, tier 2 and tier 3 cities - please contact them through their website and send details about your premises. If the premises is approved by the company, they will take it on lease. Thanks.
Who owns KFC?
KFC is a company that is owned by Yum Brands, a US-based, publicly-traded company.
Is McDonald's a good brand in India?
However, there are several International F&B brands like McDonald’s, KFC and the likes have done good business in India, by expanding rapidly across the country.
