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How to open KFC Restaurant?

Date: 28 Apr 2009   Group: Finance and Investments    Category: Insurance   



I am currently a student in 4th year. I and my other friend have thought to open a KFC store at a place. Please guide us on investment we need to make and whom to contact?

We don't have any loan problem and regarding experience they require, we can just forward any person's name who has been in hotels for more than 3 years and later have the ownership ourselves.

Please guide us on this part. We cant disclose KFC location due to business measures.



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Author: Shafi Ahamed    09 May 2009      Member Level: Gold     Points : 2    Voting Score: 0

I think opening the restaurant is not an easy task.It needs a high investment.take care friend.

  • Meet the financial requirements for opening a KFC franchise: liquid assets of $360,000, net worth of $1,000,000, franchise fee of $25,000,

    royalty fee of 4 percent, and required capital of $1,100,000 to $1,700,000.

  • Submit the completed questionnaire and franchise profile. These may be obtained by contacting Yum! Franchising.

  • Attend a store experience and complete an operations overview if you meet the qualifications of a franchise candidate. This information is also

    on the Yum! website.

  • Provide site direction and follow-up on the operations plan.

  • Come to a final agreement to purchase a site for a new restaurant or current store.

  • Complete the site deposit and site analysis survey form, and send in funds


Author: Ram Swaroop Bhavanasi    23 May 2009      Member Level: Gold     Points : 2    Voting Score: 0

Dear Puneet,

I don't think its a tough issues to open a KFC restaurant or to form alliance with KFC. Once i have tried reaching KFC India based management asking for a franchisee to be opened in my town, i got the below pasted response from them:
----------------------
----- Forwarded Message ----
From: "Razdan, Vishal"
To: rsbhavanasi@yahoo.com
Sent: Friday, 24 April, 2009 7:49:06 PM
Subject: RE: Franchisee Request


Thank you for your interest in our brand, at this point, we are not looking to recruit new franchisees, however we will re-instate your interest in our franchise database. Will contact you as soon as the opportunity arises.

If you have any property available and which may fit in our site criteria we would be keen to take it up on a revenue sharing basis from you. However for this we would require some information on your property:

• City:

• Area in City:

• Carpet Area of the property:

• Frontage:

• Floor:

• Photographs:

• Detail about the trade area:

• Brands present in the vicinity:

• Other details which you feel would be relevant:

Once we receive the above details from you and find it suitable for any of our brands, we would get in touch with you for further discussion.

Thanking you once again for your interest.

Regards,
Vishal Razdan
Deputy Manager – Business Development
Yum! Restaurants ( India ) Pvt. Ltd.
Global Business Park
Tower D, 12 Floor
Gurgaon – 122002
India
----------------------------
I hope the above response will be very beneficial for you to understand, what KFC is looking for as of now. Also below is the link to the KFC India Alliance with us page:

http://www.kfc.co.in/alliancewithus.aspx

Hope this information will be of great use to you. Feel free to get in touch with me in case of any further queries or clarifications you may have in this regards.

Best Regards,
Ram Swaroop Bhavanasi




Author: ravi    25 Jun 2009      Member Level: Silver     Points : 2    Voting Score: 0

# Submit the completed questionnaire and franchise profile. These may be obtained by contacting Yum! Franchising.

# Attend a store experience and complete an operations overview if you meet the qualifications of a franchise candidate. This information is also

on the Yum! website.

# Provide site direction and follow-up on the operations plan.

# Come to a final agreement to purchase a site for a new restaurant or current store.

Author: Nguyen Minh Quang    25 Jun 2009      Member Level: Silver     Points : 1    Voting Score: 0

KFC contact:


Contact Us




Questions Concerning KFC Gift Check Ordering
1-800-544-5774 ext.8360 ext.326

Questions or Comments for KFC? If you need more info, or just want to give KFC some much appreciated feedback, please give us a shout.

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