How To Get Franchise of KFC

For both foodies and businessmen, KFC franchise is a great idea. Besides crafting their signature, delicious chicken, KFC offers economic prospects to interested people in pursuing a franchise of their own. Therefore, let us know how to get franchise of KFC.

If set up a franchise in a right way, a KFC restaurant can ensure another source of regular income for a client starting a KFC franchise. Its status in the business sector and strong business plan makes KFC a great option as a choice for a franchisee. 

What is KFC?

KFC, or Kentucky Fried Chicken, is one of the most well-known fast-food restaurants across the globe, and popularly known in India. KFC started its journey in Bangalore in 1995 and has grown to over 450 branches in more than 100 cities across India. 

Why KFC is Popular in India?

• A joint venture between Yum! Brands, Inc. and RJ Corp. is KFC India. They have retained spicy chicken dishes but have given the menu a slew of offerings catered to at least Indian palates. Other vegetarian offerings include Veg Rice Bucket and Veg Zinger Burger. 
• KFC India is common for informal dining, family gathering, and birthday parties while remaining very favourable for the staff, who are always polite and friendly, and quite a modern and clean restaurant. 

Documents Required to Get Franchise of KFC

• Before granting a license, KFC requires an FDD, which includes specifications for all the most important franchise leases, construction contracts, and terms and conditions of the financial transactions. All of these documents must be signed by you and the business.
• Along with your citizenship papers, you must also present documentation pertaining to your property, such as proof of land ownership. You might also have voter ID and a PAN card, among other important identification documents.

How To Get Franchise of KFC?

Verification of Eligibility:

• Make sure you fulfil the fundamental requirements for eligibility, such as the required minimum investment capacity, the desirable business experience, and the applicable licenses.
• Verify whether the area where you want to open a franchise is one that is taking new applications.

 Show Your Interest:

• Go to the official franchise development website (kfcind.in) or the KFC India website.
• Visit the franchise information page or go through the "Join Us" section.
• Provide your contact information, preferred location, and any relevant expertise you may have while completing the online inquiry form.

 Initial Communication:

• To discuss your initial inquiries and establish your level of interest, a KFC India representative may get in touch with you.
• They might give you more details about the franchise model, costs, and available chances in the area of your choice.

Process of Application:

• You will be given a formal application form to fill out if your first meeting goes well.
• This form required information on investment objectives, the location, availability of funds, and experience in business.
• Additional supporting documentation, like the business plans, CVs, and proof of funds, might be required.

Choosing and Carrying Out Due Diligence:

• Every application is subjected to a series of filters by KFC India, including brand-parametrization, financial stability, and experience. 
• To determine if they are a good fit for the franchise model, shortlisted candidates go through interviews and conversations.

• Due diligence on the franchise agreement, market potential, and operational requirements may also be necessary.

Agreement and Training:

• You will be asked to negotiate and finalize the franchise agreement with KFC India after being chosen.
• This document gives an overview of the rights, and financial obligations of a franchisee.
• Exposure to proper training in marketing, quality assessment, food preparation, restaurant operation, and brand standards.

Site Selection and Setting Up:

• By completion of the training and agreements, you will continue to get together with KFC India to select an appropriate restaurant location in accordance with local laws and their specifications.
• As per design and specifications of KFC, you will ensure the site is secured and get the important permissions before construction or renovation.

Opening and Ongoing Service:

• KFC India will continue to assist you with pre-opening planning, grand opening promotion, and operational advice after the restaurant is completely furnished and renovated.
• As a franchisee, you will continue to be in charge of your restaurant's daily operations, marketing, and financial results while abiding by the franchise agreement and KFC's brand standards.

Things to Know Before Getting Franchise of KFC

• The first KFC opened in Utah in 1952.
• Taco Bell, WingStreet, Pizza Hut, and many more are owned by Yum! Brands in addition to KFC.
• One of the most popular restaurants in India is KFC, which is more expensive since establishing a KFC franchise takes to set a higher cost than what a McDonald's franchise would.
• Getting a KFC franchise in India is not so simple, as the company's franchise operations are controlled by their local master franchises and area developers. If the person has a suitable space and the right location to launch their business, they will be provided to have the franchise. Mostly, they authorize their partner using a franchise model that is based on revenue plus rent.

Benefits of Getting Franchise of KFC

• Brand Identification: Operating under the KFC name guarantees consumer identification and trust, which translates into business from the first.

• All-inclusive Support: KFC provides operational, training, marketing, and innovation support to franchisees at every stage.
• Proven Business Model: For maximum profitability and efficiency, KFC has assessed and improved its business model through time.
• Increase in Revenue: Within a year of running an outlet, your revenue would increase. However, it depends on the kind of franchisee you work with. 
• Simple Business: Starting a KFC franchise in the food industry is simpler and offers advantages because it may generate start-ups right away and increase profits in a much shorter amount of time.
• Established Price: All KFC meals are already established in price is the most rewarding feature.

Conclusion

Starting a KFC franchise in India is an important and profitable business. Entrepreneurs can begin their food industry career by embracing the KFC franchise application process and meeting the KFC franchise requirements.