acquire

KFC Franchise Cost, Earnings and Review

0:00
↔️ ↕️

Sharing buttons:

Today we are reviewing the KFC franchise, another huge name in the franchise world and

one we are often asked about.

Before we get started a bit of trivia - do any of you know where KFC head office is located?

Any guesses?

It's actually located at 1900 Colonel Sanders Lane in Louisville Kentucky.

True story

Taking it from the top according to the KFC 2017 Franchise Disclosure Documents the cost

to open a KFC franchise is between $1,465,550.00 - $2,586,550.00.

You are required to have at least a 1.5 million net worth and $750K available in liquid capital.

A lot of people see it's only a $45,000 franchise fee and that's all the money they need to

open a KFC - absolutely not true.

Now KFC is another one of those names that people automatically think of when you talk

about franchising.

And again, like Subway and McDonalds, people who have not done much or any research will

assume that because KFC restaurants are so popular, and so prevalent across North America

that opening a KFC is a guarantee of success.

But is it?

Let's take a quick look at the QSR50 which is a listing of the top 50 Quick Service or

as you probably know them, fast food restaurants.

Now we can see that KFC is ranked at #13 by the QSR50 and had a total of just under 4000

operating restaurants in 2016.