After opening, franchisees pay a royalty fee, which is 8 percent of their overall gross sales. The franchise fee is reported to be $35,000 but has not yet been verified. The initial investment ranges from $310,000 to $615,000, with cash liquidity of $200,000 and net worth of $400,000. Wendy’s requires $2 million in liquid assets with $5 million net worth for new multiunit franchisees or franchise groups.
Although the people who own the frozen dessert yogurt shops won’t discuss sales, the silver lining declares one store could enjoy $250,000 a month on average based on 1,500 customers a day. There is also a franchise fee of $40,000 per restaurant, a royalty fee of 4 percent, and an advertising fee of 4 percent, but if you want to buy a franchise you will have to wait.
KFC is a high investment franchise business opportunity.
In the United States for owning KFC Franchise candidates must have $1.5 Million in total net worth and $750,000 in liquid assets (liquid assets are defined as cash or an asset that can be converted to cash within 10 business days).
Requirements are commensurate with ownership level and may be significantly higher from minimum requirements based on the size of the transaction.
In India, the company offers only multi-unit franchisees.
If you are interested in starting a KFC franchise unit in India, you will have to visit their official website and fill in the application form.
Owning a fast-food franchise can be a very lucrative business. In addition to earning a solid annual income, being a franchise owner means you can forgo the start-up costs entailed in advertising and marketing, product development, and ensuring quality control when going solo. You must have at least 0,000 in liquid assets to open a Mc Donald's or Taco Bell restaurant.
KFC now has 335 restaurants in more than 100 cities in India.
It is indeed profitable as well as rewarding for an individual to be a partner of KFC franchise Business Network.