If you are a lover of fast food and non-veg food items and want to invest in a fast food company, then this is the right place for you.
People love to eat fast food. No matter which part of the wold you are in, you will find some fast food outlets near you which will serve you food items like pizzas, burgers, sandwiches, etc. to satisfy your cravings. There are fast-food chains like Taco Bell, Domino’s, Pizza Hut, McDonald’s, Burger King, etc. which are popular all over the world and serve and satisfy a large number of customers on a daily basis. One of these fast-food chains is KFC which is short for ‘Kentucky Fried Chicken’. If a person loves chicken, he or she has to try the chicken items of KFC at least once in their life.
Today, KFC is one of the biggest names in the food industry and it continues to get bigger and better. With its delicious chicken food items and their usage of the perfect mix of herbs and spices in their food products had helped KFC in gaining popularity all over the world and has also helped in building a large and loyal customer base around the globe.
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KFC is most known for its chicken pieces that are fried and then seasoned with the Colonel Sanders’ recipe which consists of 11 spices and herbs. This does not mean that KFC does not have much else to offer apart from its signature food item. The company does provide other food products to its customers like salads, sandwiches, wraps, burgers, rice bowls and various types of beverages.
KFC has a strong presence in India. The company has around 350 KFC outlets spread across different parts of India. It was in June of 1995 that KFC opened its first store in India which was a two-storey outlet on Brigade Road in the city of Bangalore. The company started to expand outside of Bangalore in 2004.
To cater to the needs of the vegetarian people in the country, KFC started the ‘So Veg, So Good’ menu which was aimed at attracting the vegetarian customers of the country. With its popularity among the Indian public and its delicious food which aims to cater both vegetarian and non-vegetarian people, KFC has managed to become one of the biggest brands in the food industry in India.
Below are the steps a person should follow if he or she wants to own a KFC franchise:
The first thing that an individual has to do is to visit the company’s official website.
Upon reaching there, you have to click on the ‘Alliance with Us’ option.
Upon clicking, a KFC franchise application form India will open up.
The individual has to fill in the KFC franchise application form India to apply for the KFC dealership.
Several personal and professional details need to be filled out by the candidate in the application form.
The form is then reviewed by the support staff of KFC. If the application gets selected, the people from the company contact the candidate to take things further ahead.
The franchisee, along with his or her employees, has to go through the required training programs organized by the company so that they are able to learn the ropes of the business and are able to run the outlet successfully.
There are certain requirements that need to be fulfilled by an individual in order to acquire the KFC franchise. The major requirement that a franchisee has to fulfill is regarding the outlet space or area required to set up the restaurant. A sufficient area is needed to set up the outlet so that there is enough space for the equipment, the kitchen, the seating arrangement for the customers, etc. The staff should be able to walk around freely to perform their duties. The area required by a franchisee to set up a KFC outlet store is around 1,000 to 1,500 square feet.
One major factor that every investor takes into consideration while making the decision as to whether to invest in a company or not is the cost of investment. Depending on the location of the outlet, a person needs to put up around 1 to 2 crore rupees in order to become the owner of a KFC outlet. Apart from that, a franchisee also has to pay a royalty fee of 4 percent to the company.
If an individual has any query or problem and wants to get in touch with the support staff of KFC India, they can make use of the following information to resolve any of their queries or problems:
Kentucky Fried Chicken, also known as KFC, is a fast-food restaurant chain whose main specialty is fried chicken. The company has its headquarters in the United States of America in the city of Louisville, Kentucky. In terms of sales, KFC is the second biggest fast-food restaurant chain in the world. The biggest chain is McDonald’s. The company has a worldwide presence which can be seen from the fact that as of December of the year 2018, the company is present in 136 countries with around 22,621 locations spread across the globe. A restaurant company named Yum! the brand is the parent company of KFC and also the parent company of other fast food restaurant chains like WingStreet, Taco Bell and Pizza Hut.
Colonel Harland Sanders is the person who founded the KFC. Sanders started the company as a roadside restaurant where he used to sell fried chicken during the time of the Great Depression. Sanders realized that the company had the potential for the concept of franchising and thus, the first ‘Kentucky Fried Chicken’ franchise outlet opened in the year 1952 in the city of Utah. By identifying himself as Colonel Sanders, Sanders used his own image as the company’s logo which also helped a lot in the advertising of the company. KFC is also popular for its catchy slogans like ‘So Good’, ‘It’s Finger-Lickin’ Good!’ and ‘Nobody Does Chicken Like the KFC’.
In the year 1963, KFC became the biggest fast-food operation in America with more than 600 restaurants that spread all across the country. From that point, the company has just kept on growing and in the year of 2013, KFC recorded sales of around 23 billion dollars.
In order to acquire a KFC dealership, the first thing an individual needs to do is to go to the company’s official website. There, the candidate has to fill out an application form for the KFC franchise. The form will be reviewed by the support staff of KFC. IF the staff approves the application form, they will contact the candidate to take things further.
The amount of money that an investor needs to put up in order to become an owner of a KFC franchise comes to around 1 to 2 crore rupees. The cost may vary depending on the location of the store.
There is no specific number or statistic available on the internet to highlight the profitability of a KFC franchise in India. That does not mean that KFC is not profitable for the franchisees. KFC has managed to capture around 25 percent of the market share of the company and is today valued to be worth 1,500 crore rupees in India. So, these numbers indicate that a person investing in KFC to own a KFC outlet will reap significant profits.
KFC India is owned by Yum! Brands.
Suggested Read: Food Franchise Opportunities in India for 2020
KFC is growing at a rapid rate in India. Today, the company’s turnover is considered to be around 400 crore rupees. The market share captured by KFC in India is approximately 25 percent and the company is valued at around 1,500 crore rupees in India. All this information suggests that it is a good idea to invest in a company like KFC and become the owner of a KFC franchise. So, if you have money to invest and want to invest in a fast-food restaurant chain and become the owner of a franchise, KFC is a great option.
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