I. Initial Start up Costs and Franchise Fees (USA, Some financial rquirements vary from country to country)
Total Investment: $1,200,000-$1,800,000
Initial Franchise Fee: $25,000
Royalty Fee: 4%/ year
Advertising Fee: N/A
Term of Agreement: 20 years
Renewal Fee: $4.9K
Owned By: Yum! Brands
Required to purchase multiple units/ master licenses
KFC, Pizza Hut, Taco Bell, A&W Restaurants
Multibranding encouraged when feasible
Financing: Third Party Financing Only KFC Corporation 1441 Gardiner Lane Louisville, KY 40213Phone: (866) 298-6986 Fax: (502)874-8848Ethiopia is listed as an ACTIVE area meaning they will be accepting applications for franchises there. Most others countries in Africa are INACTIVE.Applications and inquiries sent to africafranchiseenquiries@yum.com |
Franchise Funding Specialists How do you know which finance options might be best (or even available) for you? Companies such as FranFund or Guidant, which live in this market every day, can explain potential strategies you can use in your financing efforts. These companies typically have established relationships with various lenders that specialize in one or more types of franchise financing. They may also offer equipment-leasing options, signature credit lines, 401(k) rollover products, SBA lending, conventional lending, etc. Finally, they can tell you how much credit is realistically going to be available to you. After gathering your financial information, the franchise funding specialists will formulate a lending strategy with you. Once you make the final decision to proceed, they will package your information and follow the process from beginning to end. Their knowledge and relationships in the industry are critical in expediting the transaction, and these companies typically don't charge a fee for their services until or unless you actually receive your financing. So the upfront risk to you is limited to a small amount of your time.
SBA