To own a KFC franchise, a franchise fee of $45,000 must be paid, and estimated start-up costs range from $1.44 million to $2.77 million, as reported by Franchise Help.
In order to own a franchise, it is required to have liquid capital of $750,000 dollars. Liquid capital is an evaluation of the financial resources that are available to invest in the franchise.
Liquid capital includes the value of monetary resources such as cash, stocks, bonds, and any other money that could be easily invested or used as collateral to obtain financing and carry out a franchise acquisition.
In addition, it is required that you have a net worth of $1.5 million dollars, to guarantee that you have the financial capacity to face the investment necessary to acquire a franchise.
It is worth mentioning that, every day, a large number of people, more than 12 million, visit the more than 15,000 KFC stores around the world, in 109 countries, including more than 5,200 locations in the United States alone.
KFC’s chicken recipe formula stays the same as the 11 herbs and spices that its founder, Colonel Harland Sanders, perfected more than half a century ago.
KFC is a company belonging to Yum! Brands, Inc., which is the world’s largest restaurant company.
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