The US-based Kentucky Fried Chicken or KFC is fast gaining popularity in India, especially over the last ten years. The Yum! brand also offers a reputation you can rely on, and an economic stabilty demonstrated over several decades. If you have the necessary capital to grow, opening a KFC franchise in India is a handy business idea. It is not a cakewalk, though; you need a lot of money and a large space to open your restaurant. Even if you have them all, the approval your application to open KFC franchise in India is subject to their present necessities, interests and business plans. Let us see how to open a Kentucky Fried Chicken restaurant in India, the formal requirements for it, and the steps to follow.
Steps to open KFC Restaurants in India
The investment to open KFC franchise: Opening a KFC restaurant is a huge investment (but with the ever-growing pool of KFC fans and customers, higher returns are always possible). According to the United States standards, you need to have liquid assets worth USD 360,000, which is roughly 18.5 million INR. Considering the cheaper standards in India, you may not actually need that much; but you would need to invest 15 million INR anyway. Well, that’s a huge sum, but you have to invest it if you want to start one of the best Indian franchise businesses.
And the story doesn’t end here. You must have a net worth of $1,000,000, and need to pay a $25,000 franchise fee . When your business starts rolling, you will also need to pay a 4 percent royalty on everything you sell.
Submit KFC India franchise application form: You can avail it from their official website. Visit kfc.co.in and click on the footer link. Alliance with Us. Click the radio button against Franchise, provide your name and contact number, and let them know about your interest. Remember, you need to convince them by dint of your message. Write a formal, straightforward message. Explain why do you want to open a KFC franchise restaurant, and consider yourself a fit person for this business.
KFC India will mail you back for more details
After submitting the application through the official website, you are likely to receive an email from the Deputy Manager (Business Development) of Yum! Restaurants India, Vishal Razdan. If they approve your application to open a KFC franchise, be on the cloud nine! In most cases, if they don't have any plan to add new franchises in near future, they will add you in their database and contact you back at the earliest opportunity. You need to furnish the following information to add to their database:
- The name of your city
- Total area in your city
- The carpet area of your proposed restaurant
- Frontage and floor
- Some photographs of your property
- Information about brands present in the vicinity
- Trade area details
- Any other relevant details you might want to include
Upon receiving these details, and finding them suitable, Yum! Restaurants India may contact you back to discuss further steps to start a KFC restaurant in your city. Please refer to the following contact details for further queries.
Contact details of KFC India (Yum! Restaurants) to open a franchise
Deputy Manager – Business Development
Yum! Restaurants ( India ) Pvt. Ltd.
Global Business Park
Tower D, 12 Floor
Gurgaon – 122002, India.
Email Contact: firstname.lastname@example.org