Guide on KFC Franchise Application & Cost
KFC FRANCHISE – Here are the important things that you need to know in putting up a branch of KFC for a business.
Another international fastfood chain that is very popular in the Philippines is the Kentucky Fried Chicken or more popularly called KFC. It has several branches across the nation and its offers are some of the favorites of many people.
Are you one of the people who love to eat the KFC food offerings? You might like to take your fondness of KFC to the next level by considering a KFC franchise.
Colonel Harland Sanders founded Kentucky Fried Chicken or KFC. It all started with a roadside restaurant in Corbin, Kentucky that sold fried chicken. Now, the popular international fastfood chain has at least 25,000 KFC outlets in 147 countries and territories across the globe.
As KFC allows franchising, many of its branches across the Philippines are actually franchise branches. To maintain its quality offers, the international food chain implements strict qualifications. The franchising offer requires:
- Motivation and Commitment
- Multi-Unit Operations Experience or Growth Mindset
- Personal and Financial Reputation
- Financial Capability
- Culture and Brand Fit
With regards to the KFC franchise fee, it may take at least Php 19 million depending on the type and location of the store as well as the area. It can be an in-line or mall store or a free-standing store. The total cost will be inclusive of the following:
- leasehold improvement
- seating
- signages
- POS system
- furniture
- fixtures
The Kentucky Fried Chicken assures the provision of assistance to the franchisees from the site selection to the planning of the construction. It is also willing to lead the gathering of the necessary requirements in putting up the store.
Approved franchisees of the Kentucky Fried Chicken have an exclusive access to the trademarks and global brand assets of the popular fastfood chain. They conduct above-the-line campaigns, digital marketing, out-of-home, LSM, and merchandising marketing strategies.
KFC wants to ensure the success of your branch thus it is willing to oversee the daily operation of the branch. It also extends a helping hand in the human resources hiring and training, information technology, and the procurement of the equipment needed.
