Kfc & Mcdonald

Topics: Finance, Fee, Costs Pages: 3 (550 words) Published: October 21, 2011
KFC
The minimum financial requirement to open a KFC in the United States is $1.5 million net worth and $750,000 in liquid assets. Item 7 of the Franchise Disclosure Document (FDD) outlines the investment costs necessary to enter the KFC system. Highlights are as follows: |[pic] |[pic] | | |Building Construction Costs |$425,000 to $565,000 | |Equipment, Signage, and Décor |$216,000 to $366,000 | |Site Work |$100,000 to $250,000 | |Miscellaneous Permits, Utility Deposits, |$50,000 to $100,000 | |Licenses, and Architectural Costs | | |Subtotal Construction |$791,000 to $1,281,000 | |Initial Franchise Fee |$45,000 | |Development Services Fee |$0 to $35,000 | |Real Estate |$400,000 to $1,000,000 | |Grand Opening Expense |$5,000 | |Start-up Inventory |$10,000 | |Training Expenses |$3,900 to $10,000 | |Miscellaneous Opening Costs |$5,000 to $10,000 | |Additional Funds...
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