Traditional Culture Encyclopedia - Hotel accommodation - Can McDonald's and KFC join?
Can McDonald's and KFC join?
Click to learn more about joining the project. Private joining is acceptable, but there are many restrictions. China Yum Brands, a subsidiary of KFC, recently revealed that KFC will expand the choice of franchise stores in terms of location and price, and the franchise fee of some restaurants will be as low as 2 million yuan. In recent years, in order to explore the mode of franchising in China, KFC has adopted the franchise of "not starting from scratch" in Chinese mainland. Since KFC opened its franchise business in China market on 1999, only restaurants with strong development momentum in third-and fourth-tier cities have been given priority as franchise options. Although the franchise fee varies according to the actual situation, it has remained at around 8 million yuan. It is understood that after KFC expands the choice of franchise stores in the region, except for first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, joint venture cities such as Suzhou and Wuxi, and Zhejiang Province, all other second-and third-tier cities will be open to join. Click to learn more about franchise projects.
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