There is a famous saying, “Everyone loves fried chicken, Don’t ever make it yourself. Rather buy it from the place which makes good Fried Chicken”. Do you even need to guess the place which provides you World’s delicious Fried Chicken? Of course not it is undoubtedly KFC. Ohh wait!! Do you even realise that there is a full form of KFC? It is Kentucky Fried Chicken. It is designated as per sales, World’s second largest restaurant chain after McDonald’s. According to National Diet and Nutrition survey, 98% of total population in United Kingdom is that of Non-Vegetarians. If you are ever planning to serve United Kingdom’s 98% population with World’s best Chicken, then we are here to guide you along the road. From investments to Franchise fee to Profit estimates, You will be provided with every nitty-gritty of the information you are looking for.
KFC Franchise Stats
MINIMUM INVESTMENT
EUR 2,000,000
TOTAL INVESTMENT
EUR 5000,000
FUNDING SUPPORT
YES
FRANCHISE FEES
EUR 34,540
BUSINESS CATEGORY
Fast Food
TRAINING PROVIDED
YES
About KFC Franchise
Kentucky Fried Chicken or popularly known as KFC is an America’s global food giant which is specialized in making Fried Chicken. The headquarters of KFC is located in Louisville, Kentucky. It is designated as per sales, World’s second largest restaurant chain after McDonald’s. KFC is rapidly growing its expanse with its 44,000 restaurants in more than 135 countries and territories globally. Currently, its ambition for UK and Ireland is to reach 1000 restaurants by 2020. KFC is basically a subsidiary of Yum! Brands. Yum! Brand is a food chain company which also owns the Pizza Hut, Taco Bell, and Wing Street chains.
Founder of KFC is Colonel Harland Sanders. He initially operated from a roadside restaurant in Corbin, Kentucky during the Great Depression. He sold fried chicken during those days which became so popular that he realized the potential of Franchising. Utah in 1952 had the first opportunity to open a Kentucky Fried Chicken Franchise. From here on sky was the limit for wide expansion of KFC. KFC is popular for its chicken but it did not fear to experiment by diversifying its products. It even challenged the hegemony of Hamburger. Business investors such as John Y. Brown Jr. and Jack C. Massey hold a great share in KFC till today. Not only franchising and getting new investors, but KFC also became the first American food chain to open its outlets in Canada, Mexico, Jamaica etc.
Potential of KFC Franchise
According to National Diet and Nutrition survey, 98% of total population in United Kingdom is that of Non-Vegetarians. Also KFC is ambitiously and passionately looking forward to widen its expanse in United Kingdom as well as Ireland by opening 1000 Restaurants by 2020. Therefore, Investing or Franchising KFC now is the best deal for the future someone could ask for. Being the second largest in terms of sales worldwide, KFC has earned a brand value which is difficult to beat in Chicken Industry.
KFC Franchise Cost & Fee Information
With an ambitious aspiration of expanding KFC’s presence in United Kingdom as well as Ireland, KFC is providing opportunities in various formats and designs with respect to different locations which can be suitable for you. KFC is striving hard to involve local communities in order to serve quality chicken products to all the towns and cities across UK and Ireland.
As of now KFC is not recruiting any new Franchises but the opportunity is always open if you qualify for the following requirements:
- One must possess a total of £5 million of assets.
- One must possess £2 million in liquid assets.
- The Applicant must possess a prior hospitality and operating knowledge within food and beverage Industry.
- One must clear-cutr cut growth ambitions across the UK and Ireland.
Various costs and fee for Franchise involved are:
- A franchise is also bound to pay 4%-5% of Gross Revenue per month as Royalty to the KFC (minimum fee subject to adjustment based upon the Consumer Price Index).
- Also a Franchise must pay £91 for support services and software maintenance for KFCLLC’S merit system.
- One system fund fee which equals to £138.16 Outlet/per month.
How to Apply for KFC Franchise?
Steps to follow while applying for Franchise in United Kingdom:
1) Make sure you fulfil all the aforesaid requirements.
2) If you do, click https://www.kfc.co.uk/pdfs/franchise-form.pdf and download the Pdf.
3) Once you downloaded the intended Pdf, fill in the required information and mail it to Paul Stokes, Head of Franchise Development, Email: paul.stokes@yum.com Telephone: 07973 141150.
Financial Assistance: There is a special provision by YUM Minority Assistance Program which finances the new minority franchisees to purchase an existing KFC restaurant, or purchase an existing Company-Owned Restaurant, or to out rightly develop a new KFC restaurant. It guarantees 25% of the principal of the franchised business loan, which is not unconditional but up to a certain maximum limit per loan or franchisee. The above are exceptional cases and in no other case except as described above, KFCLCC directly or indirectly does not offer any kind of finance assistance for franchisee’s initial investment.
KFC Franchise Training and Support
Franchisees are mandatorily required to attend and complete training provided by KFCLLC. This must be to a level of the franchisor’s satisfaction. The training is an initial level program to make the Franchise learn the various operations of an Outlet. All training programs are scheduled at KFCLLC’s designated national, regional or divisional offices.
The training program includes the following:
- A computer-based training is provided through its Learning Zone program.
- Also training in the written material format.
- Hands on experience which is on-the-job training at other Restaurants with a classroom instruction.
The individual who is competent enough to complete the Key Operator Restaurant Training will train other employees at the Restaurant. The franchisor may also ask the franchisees and their employees to attend and complete additional and ongoing refresher training courses, programs and seminars at such times and locations that KFC LLC might designate in future.
KFC Franchise Contact Information
Contact Person: PAUL STOKES (Head of Franchise Developments)
Email: paul.stokes@yum.com
Telephone: 07973 141150 –PAUL BRUNDLE (Estates Manager)
Email: paul.brundle@yum.com
Telephone: 07970 075059
Frequently Asked Questions
Can you open a KFC Franchise?
~Of course yes. Also KFC is ambitiously and passionately looking forward to widen its expanse in United Kingdom as well as Ireland by opening 1000 Restaurants by 2020. KFC Franchise is win-win situation.
How much is required to open a KFC Franchise in the UK?
~ One must possess a total of £5 million of assets out of which one must possess £2 million in liquid assets.
Is it safe to invest in KFC in UK?
~ According to QSR Magazine KFC have made to the second highest sales after McDonald’s. According to National Diet and Nutrition survey, 98% of total population in United Kingdom is that of Non Vegetarians. Therefore, Investing or Franchising KFC now is the best deal for the future someone could ask for.
What is the minimum profit one can expect monthly and yearly?
~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.
What are different kinds of costs apart from initial investment involved in opening a KFC Franchise outlet?
- A franchise is also bound to pay 4%-5% of Gross Revenue per month as Royalty to the KFC (minimum fee subject to adjustment based upon the Consumer Price Index).
- Also a Franchise must pay £91 for support services and software maintenance for KFCLLC’S merit system.
- One system fund fee which equals to £138.16 Outlet/per month.
Is Funding support available, if yes then for what options?
~Yes it is available but only for selected cases such as there is a special provision by YUM Minority Assistance Program which finances the new minority franchisees to purchase an existing KFC restaurant, or purchase an existing Company-Owned Restaurant, or to out rightly develop a new KFC restaurant. It guarantees 25% of the principal of the franchised business loan, which is not unconditional but up to a certain maximum limit per loan or franchisee.
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