"not starting from scratch" joining mode
In August 2000, the first KFC franchise store was officially handed over in liyang city, Changzhou. With the continuous development of franchisees, the proportion of franchisees in KFC is increasing. In the future, franchise business will be one of the most important business sectors of KFC.
KFC adopted a "not from scratch" joining mode in China. The franchise of "not starting from scratch" is to transfer a mature KFC restaurant to a franchise applicant who has passed the qualification evaluation, and at the same time authorize it to continue to operate under the KFC brand. That is to say, franchisees take over an already opened KFC restaurant instead of opening a new one, so franchisees don't have to build from scratch, avoiding a lot of complicated work of choosing their own sites, preparing to open stores and recruiting and training new employees. Site selection is often the key to success. Taking over a mature KFC restaurant from Yum! in China will greatly reduce the risk of franchisees and increase their chances of success.
According to KFC's franchise development plan, choose a suitable "alternative franchise store" from the existing KFC restaurants. For applicants who have passed the qualification evaluation, restaurants within the scope of "alternative franchise stores" are recommended for evaluation. Applicants cannot specify the restaurant or city to join.
Kfc joining application conditions
At present, only the franchise mode of "not starting from scratch" is open, and KFC will not accept applications for opening new stores in a certain area for the time being.
KFC adopts the form of single-store franchise, and all franchisees do not enjoy exclusive rights in regions or business districts.
If the applicant has insufficient funds, he can apply together with the partners, but the proportion of his own funds must be greater than 30%. After joining successfully, the main applicant should play the role of "main operator", that is, be responsible for handling daily business matters and managing the restaurant personally, and the partners will not participate in the daily operation and management of the restaurant.
Kfc franchise fee
Initial investment for joining:
Initial joining fee
Training fee for restaurant operation and basic management 13 weeks before receiving the store.
The purchase cost of restaurants above 2 million yuan.
Fees payable during continuous operation:
Franchise renewal fee: 6% of restaurant turnover.
Advertising and promotion expenses: not less than 5% of restaurant turnover.
The purchase cost of each restaurant will be calculated according to the specific situation of the restaurant. Franchisees can arrange a certain proportion of loans by themselves, but the proportion of their own funds invested by franchisees in this project cannot be less than 50%.