KFC franchise price in India
Kentucky Fried Chicken (KFC) is one of the most popular fast-food chains in the world, and India is no exception. KFC has over 500 restaurants in India, and the company is looking to expand further in the coming years. If you are interested in starting a KFC franchise in India, here is everything you need to know about the cost:
Initial investment- KFC Franchise Price In India
The initial investment for a KFC franchise in India ranges from ₹96 lakhs to ₹2 crores. This includes the cost of the franchise fee, which is ₹36 lakhs. You will also need to invest in equipment, inventory, and working capital.
Ongoing costs- KFC Franchise Price In India
In addition to the initial investment, you will need to pay ongoing costs such as royalty, marketing, and rent. The royalty fee is 5% of your gross monthly sales. The marketing fee is 1% of your gross monthly sales.
Profitability
KFC franchises can be very profitable, but it is important to remember that this business is competitive. The profitability of your franchise will depend on several factors, such as the location of your restaurant, the quality of your food and service, and the overall economic climate.
Requirements
To be eligible for a KFC franchise, you must have a net worth of at least ₹2 crores. You must also have a minimum of five years of experience in the food and beverage industry.
How to apply for a KFC franchise?
If you are interested in starting a KFC franchise in India, you can apply online on the KFC India website. Once you have submitted your application, a KFC representative will contact you to discuss your eligibility and answer any questions you may have.
Is a KFC franchise right for you?
Starting a KFC franchise can be a great business opportunity, but it is important to consider the costs and risks involved carefully. If you are interested in this franchise, I recommend that you do your research and talk to other KFC franchisees to get their insights.
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