What is KFC Franchise?
KFC (Kentucky Fried Chicken) is an American fast food restaurant chain headquartered in Louisville, Kentucky, that specializes in fried chicken.
How To Buy KFC Franchise In south Africa?
How much is KFC franchise cost?
Kentucky Fried Chicken Franchise Cost / Initial Investment / Kentucky.
The franchise fee to become a KFC franchise owner is R722173.45, with an estimated startup costs totals ranging between R19.26million and R40.12 million.
A 5% royalty fee on gross monthly receipts is paid to the company.
Can you buy a KFC franchise?
KFC requires franchisees to have R24.07 million net worth and R12036224.22 liquid assets to apply for a store.
Collect your financial information and income tax records and meet with a business lender to prequalify for a franchise loan.
Is KFC franchise profitable?
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 R1123380.93 to R1444346.91 per year/per store.
Also if we consider monthly figures then a store can garner a good amount of monthly profits ranging from R93.08 to R120.36 per month.
How much does it cost to open a KFC franchise in South Africa?
Prospective franchisees need to show that they have the required funds to fund up to 5 or more KFC stores.
One store costs in the region of R6 million.