How to open a KFC (Kentucky Fried Chicken) franchise in Singapore?

How to open a KFC branch/procedure in Singapore?

  • Sign a contract with the franchisor as per your requirements. Make a contract and have it signed.
  • Make a business plan that includes an overview of your company, a competitive analysis, a market trend in the specific service, your core expertise, financial predictions, marketing and distribution strategies, and funding options.
  • Choose a suitable location depending on your target market and zoning regulations in your area.
  • Construction and real estate costs, as well as equipment and signage, licenses and permits, uniforms, and insurance, must all be considered.
  • Before applying to open a KFC franchise, think about your previous business experience.
  • Submit the application
  • Then KFC franchisee will review the application.
  • You will be emailed a confirmation receipt along with the franchise owner’s contact information once your online application has been received.
  • Franchise approval will be issued after your financial and background checks are completed. Only those candidates who meet all of the franchisees’ standards will be considered.
  • The organization requires operators to have a total net worth of $1.5 million and liquid assets of $750,000.

Eligibility/documents required to open a KFC branch?

  • Valid Id
  • Must be over 18 years of age.
  • The sponsor or partner must be a resident of Singapore.
  • Must hold proof of investment asset.
  • A $45,000 franchise fee is also charged to KFC franchisees.

Where to apply?

You can contact online or in the branch directly.

What will be the profit if I open a KFC franchise?

  • KFC locations produce about $942,000 in annual revenue on average.

Leave a comment

Your email address will not be published.