How to Franchise: KFC
Kentucky Fried Chicken or popularly known as KFC is a fried chicken brand that has ultimately captured chicken lovers all over the world. This is why its chicken is “finger lickin’ good”. The genius behind this recipe is (in its logo) Colonel Harland Sanders. Because of his great culinary contribution in the State of Kentucky, he was awarded an honorary Kentucky Colonel. In the year 1952, he began franchising his restaurant all over the US and was successful. It was in 1971 that Heublein Inc. acquires KFC Corporation where it began opening its doors to world-wide Franchising including the Philippines. To date, a conglomerate company named Yum! Brands own this popular fast food chain.
About KFC Philippines
When KFC began its operation in the Philippines in 1967, it was under different franchisees. Then in 1994, it gave its sole franchise to Manuel U. Augustine under the Quick Service Restaurants (QSR) Corporation which gives QSR the sole responsibility in terms of sale and distribution of KFC products in the country. Currently, it is aggressively expanding to major key cities for Filipino families to enjoy. So if you are a chicken lover, franchising KFC would be the best choice as it provides a wide-range of food choices.
Yum Restaurants International (YRI)
As mentioned above KFC’s mother company is YUM! Brands International and Yum! Restaurants International is its division responsible for International Franchising. Its concept of Franchising is quite different with other quick service restaurants as it uses multi-branding. This means that as a Franchisee, you get to experience other leading-category brands owned by YRI such as Taco Bell and Pizza Hut. Consequently, KFC franchise in the Philippines is still under the approval of YRI. Thus, you closely keep in touch with YRI if you are interested to Franchise a KFC in your area.
YRI One System
The company uses the Global Franchise Partnering that matches franchisee, markets and brand on a per country basis. This is YRI’s way of extending its quality service and other strategies that will strengthen the partnership if you fit in as their Global Franchise Partners. This is also to ensure excellence in all aspects of the business from brand, market development, product, restaurant and franchising. To check the availability of active markets worldwide, you may log on to www.yrigfp.com as this site will provide you markets that are active or inactive. Take note that the company will only be accepting applications for “active” markets. Thus, currently in the Philippines, Taco Bell franchise inquiries are the ones accepted at this time.
Cost of YRI Investment
The minimum net worth requirements to qualify as candidates for YRI Franchisee is about $1.5 Million in total net worth and $750,000 in liquid assets. Liquid assets referred here are defined as cash or any asset that can be converted to cash within 10 days. Requirements are commensurate with ownership level.
Additional Costs
As global franchise partner, there are additional fees such as royalties and advertising that have to be paid. This is usually five percent (5%) of gross revenues for both Royalties and Advertising. This fee does not include all other fees that will be incurred by the franchisee as described in the Franchise Disclosure Document that will be provided to you.
The 3 Step Process
- Contact and Application. Interested Franchisee will fill out Franchise Information Request Form through the online Franchise Information Request Application. If selected, a Regional Franchise Recruitment Manager (RFRM) will soon contact you. You will then be asked to complete and return a comprehensive Franchisee Application.
- Evaluation. If you are selected after submission, the RFRM will then meet you to review your comprehensive application and a background investigation will be conducted. Furthermore, a meeting with appropriate YRI management team members is then set. The application and evaluation period generally takes 8-12 weeks processing time.
- Approval. Market development zone and site selection process is done in this stage. Once approved as a new franchisee, a restaurant training is then required to you and your senior staff.
For more information on the YRI franchise you may check this website www.kfcfranchise.com or check the global franchising information at www.yrigfp.com. For Philippine operations and other details you may contact:
KFC Customer Care
7th Flr, Ramcar Center
80-82 Roces Avenue, Diliman, Quezon City
Tel: (0920) 962-3783
Web: www.kfc.com.ph
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Im planning to franchise KFC in my place in MARCOS HIGHWAY SAMPALOC TANAY RIZAL. . I want to know how much the cost to franchise . Thanks
Good day. I am Nica Padilla. We are currently studying the profitability of KFC fast food chain for a possible franchise investment. Would it be possible to request for your company’s 2012-2016 audited financial statements?
I am preparing for an franchise investment proposal for Cotabato City. May I ask for your company’s Audited Financial Statement from 2012-2016
Have a great day! I wanna know how to franchise KFC? What would be the cost? Requirements? I’m glad if you could make it immediately. Thanks and God bless.???
Let’s say I have usd cash am I eligible to open a KFC outlet franchise? Thanks
Do you need to be a Filipino citizen to be a KFC-PH fanchisee?
Iam planning to franchise KFC in our place at Dinalupihan ,Bataan; How do i apply?
I am planing to franchise KDC in Lancaster city Cavite, would you please inform me how and the cost fee of franchising , thsnk you
Planning to put up restaurant business?
Our BBQ BREAK is open for franchise with a franchise fee of 650k which offers chicken inasal, tasties liempo, and sea food grill products.
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how many franchise kfc have
Good day! I am albert , I am palnning to KFC franchise -along v.mapa Street, sta.mesa, manila. may I know how much cost of franchise? And how many minimum area size needed?
Good day!
Im planning to franchise KFC in our City, in Ilagan City, Isabela.how to apply and what are the requirements and Cost.?
Thank you.
How to franchise a store of yours at my area Kalibo, Aklan, Philippines?
We arte operating Island treats food court at waltermart lotus mall , maybekfc would be interested to set up a express cart on one of our lease area for your concept.
Good day.
I would like to know how to franchise, the cost and the requirements for a Pakistani nationality.
Thanks
What are the requirements and how much will it be to franchise a Kfc in Philippines. Please let me know all the requirements
Good day,
Planning to franchise in our City in Cotabato
City.How much cost of franchise and having vacant lot 3000 sq meter in city proper . What are the requirement and cost?
waiting for your reply
Delightful day!
What are the documents/requirements to franchise KFC Philippines?
Thanks in advance!
Hello iam really interested to franchise kfc philippines… please let me know on how, how much, and how long it takes please. Thanks might my savings more than enough to this bussiness. Have a nice day.
I’m planning to open a franchise kfc in Camiling Tarlac Philippines what are the requirements
Hi I would like to franchise KFC
In Bohol Philippines.
I want to ask what ars the requirements and how much it cost? Thank you so much
How to franchise with you? Area is Kalibo, Aklan
Greetings from Batasan Hills!
I would like to inquire about how to franchise at KFC. Need to know the requirements and cost to franchise?
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I would to inquire about how to franchise KFC in the Philippines? I want to know how much is the cost and the requirements?
I have lot located in San Fernando Pampanga along
Mc Arthur highway going to Angeles City.
Thank you,
Marivic
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hi, im interested to franchise kfc. can you pls give me details. tnx
Hello. I am interested to franchise. Branch will be in Taal Batangas near Basilica of Taal Church and Taal Elementary school
Hi
I’m planning to have Francis’s . Branch in Cebu South Road in Sanfernando or between in Sangat how much it’ cost pls
Thank you
Hi
Inquiry for food truck franchising located at Heritage subd Loma de gato Marilao Bulacan
HI,
I am very much interested to FRANCHISE KFC PHILIPPINES (stall). We have 1 unit approximately 18sq.m at franca Arcade #63 malakas street brgy pinyahan Q.C
I want to know about kfc food truck franchise. Thanks and hope to hear from you soon
good day im palnning to have kfc food cart here on aklan i love so much kfc food.. but here in our place in aklan province we dont have kfc here… how can i get a francise.
Can i inquire?
Good day!im interested to franchise. Location: Barotac Nuevo, Iloilo, Phillines. Front of Public plaza and Football field. Beside of onenetwork bank. Lot (owned)area 234sq.m with frontage of 8.77m and Length 43m.no structure exist.
Thanks
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I would like to know how to franchise, the cost and the requirements for a sOUTH aMERICAN nationality.
Do you need to be a Filipino citizen to be a KFC-PH fanchisee?
Do you need to be a Filipino citizen to be a KFC-PH fanchisee?
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