Louisville, Kentucky-based KFC (commonly known as Kentucky Fried Chicken) is an American fast food restaurant brand best known for its chicken. Second only to McDonald’s, it has 22,621 locations worldwide in 150 countries as of Dec. 2019, making it the second-largest restaurant chain worldwide. As with Pizza Hut, Taco Bell, and WingStreet before it, the brand is a division of Yum! Brands.
The Kentucky Fried Chicken chain was started in the 1930s by Colonel Harland Sanders, a Kentucky entrepreneur who opened a roadside eatery in Corbin, Kentucky, to serve fried chicken. The first “Kentucky Fried Chicken” franchise debuted in Utah in 1952, when Sanders saw the potential of the restaurant franchising model. It was KFC that introduced chicken to the fast-food sector, undermining the burger’s long-held supremacy in the industry.
Harland Sanders became a cultural icon in the United States when he renamed himself “Colonel Sanders” and his image has been utilised in KFC advertising ever since. John Y. Brown Jr. and Jack C. Massey bought the firm from Sanders in 1964, but the company’s fast growth overwhelmed Sanders, so he sold it to a group of investors.
KFC Drinks Menu Prices
| Drinks | Medium | Large |
|---|---|---|
| Mountain Dew Sweet Lighting | $ 3.23 | $ 3.59 |
| Pepsi | $ 3.23 | $ 3.59 |
| Diet Pepsi | $ 3.23 | $ 3.59 |
| Mountain Dew | $ 3.23 | $ 3.59 |
| Sierra Mist | $ 3.23 | $ 3.59 |
| Iced Tea | $ 3.23 | $ 3.59 |
| Classic Lemonade | $ 3.59 | $ 3.95 |
KFC Franchising Details
| Application & Background Check Fee (per person) | From $ 300 to $ 500 |
| Deposit Fee | $ 20,000 |
| Option Fee | $ 25,000 |
| Training Expenses | From $ 7,000 to $ 10,000 |
| Permits, Licenses, and Security Deposits | From $ 50,000 to $ 100,000 |
| Real Property | From $ 400,000 to $ 1,100,000 |
| Building & Site Costs | From $ 534,000 to $ 930,000 |
| Equipment, Signage, and Décor, POS & MERIT | From $ 329,000 to $ 476,000 |
| Start-up Inventory | $ 10,000 |
| Grand Opening Expense | $ 5,000 |
| Insurance | From $ 7,250 to $ 10,050 |
| Miscellaneous Costs | From $ 5,000 to $ 10,000 |
| Additional Funds | From $ 50,000 to $ 75,000 |
| Estimated Total | From $ 1,442,550 to $ 2,771,550 |
History of KFC
One of the first American fast-food businesses to establish locations in Canada, the United Kingdom, Mexico and Jamaica by the mid-1960s was KFC. There were many corporate ownership changes between the 1970s and 1980s, and it had a mixed record in the restaurant industry. This contributed to the company’s varied fortunes at home. This network of fast-food restaurants was purchased by R. J. Reynolds Foods and Tobacco in the early 1970s, who thereafter sold it to PepsiCo. As a result of this, it became the first Western restaurant chain to launch in China in 1987. As a result, China has become the company’s most important market. Tricon Global Restaurants, formerly known as PepsiCo’s restaurant sector, was spun off as Yum! Brands from PepsiCo.
Chicken pieces seasoned with the 11 herbs and spices created by KFC’s founder, Colonel Sanders, are the original KFC product. The recipe’s ingredients are a secret. In 1957, franchisee Pete Harman created a cardboard “bucket” for fried chicken, which has since become a trademark of the brand. As early as the 1990s, KFC began serving more than just chicken nuggets and burgers, adding salads, sides, desserts, and soft drinks, many of which came from PepsiCo’s parent company. “It’s Finger Lickin’ Delicious!”, “Nobody does chicken like KFC” and “So good” are just few of the KFC slogans.
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