Here Are Details about the KFC Franchise 2024 for Aspiring Franchisees
KFC FRANCHISE 2024 – Here is a guide in having your own branch of the popular international fastfood restaurant in the Philippines.
Many Filipinos are undeniably fond of eating in fastfood chains and restaurants. These are also the turn to of many people in shopping malls. There are several choices but there are those that have greatly hooked the diners.
In the Philippines, one of the most popular fastfood restaurants that has hooked many people is the Kentucky Fried Chicken or more popularly called KFC. It is an international food business with fried chicken as its main specialty.
The KFC started with a humble beginning in 1952 when Colonel Sanders started selling road side fried chicken in Corbin, Kentucky. Through the years, it kept on growing and it is now the second biggest restaurant chain across the globe next to McDonald’s which also offers franchise.
Now, the KFC has over 30,000 branches across at least 150 countries in the world. A KFC franchise is open for a lot of people who meet the qualifications and has the capacity to finance a huge franchise cost.
Who are qualified to apply for the franchising of the food business? Here are the qualifications considered by the fastfood chain for the franchising:
- Multi-Unit Operations Experience or Growth Mindset
- Financial Capability
- Personal and Financial Reputation
- Motivation and Commitment
- Culture and Brand Fit
The Kentucky Fried Chicken offers an in-line or mall store franchising and a free-standing store franchising. Here are the floor area requirements among the two (2) options:
- In-Line or Mall Store — 160-250 square meters
- Free-Standing Store — 700 – 1200 square meters
How much is the KFC franchise cost? According to Kentucky Fried Chicken, the initial investment cost begins at Php 19 million. The final cost is dependent on the location and the type of store built.
KFC has a lot of loyal customers. Some love dine-in and take-out orders while others have learned the steps on how to order food to KFC and just have them delivered right at their doorsteps.