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New KFC Franchise locations for sale in Canada April 2024

Kentucky Fried Chicken is a global chicken restaurant brand with a strong, decades-long history of achievements and discovery. It all began with Colonel Sanders, who created a one-of-a-kind recipe more than 70 years ago - a list of 11 secret herbs and spices scratched into his kitchen door. Today KFC continues to deliver the same formula for success in more than 24,000 restaurants in over 145 countries globally, including more than 600 locations here in Canada. KFC Canada is always scanning for new partnerships in all formats ranging from multi-unit, single-unit and non-traditional/small box depending on location. Find out what sets KFC apart from all other fast food brands and how this franchise has continued to grow rapidly in Canada.

New KFC Franchise locations for sale in Canada April 2024

Listings of New KFC Franchise locations available

Sorry, there are no new location listings available at this time. Please contact the Franchisor or checkout listings of existing Franchises available for resale, below.

Invest in a Finger-Lickin' Good New KFC Franchisee Location

Becoming a KFC franchisee partner is seen as a long-term commitment and as such KFC is looking for partners who embody their mindset and understand their place in the fast-food market. Because of this, the application journey is a thorough and carefully thought-out process. KFC is quickly expanding which is why they have made the process as straightforward as possible.

To get started, applicants are required to submit an evaluation to KFC directly from their website. The ideal applicant has an entrepreneurial aptitude, a track record of achievement in owning or managing a business, and a be ready to expand with multi-unit development.

About KFC franchisee brand

KFC has set itself apart with its unbeatable brand recognition, support, training, and marketing. In Canada, KFC utilizes national, regional and local marketing campaigns with a multi-million dollar marketing budget. KFC is continuously producing new menu items both for limited-time selections and permanent menu items to maintain its loyal customer base. Moreover, KFC is always exploring alternative brand ideas and restaurant formats to ensure they are on the cutting edge of restaurant development.

What qualifications does KFC look for in a franchise applicant?

KFC looks for candidates who are both financially prepared and aligned with the values that they hold.

Restaurant experience is helpful and can be a strong boost to your application. if you have experience running another type of business including working with employees and customers, managing finances and leading teams, this will also greatly help in your evaluation. KFC has a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing world-class support. If you have little to no experience in commercial lease transactions KFC will provide you support in these technical areas as well. Location and restaurant size will play a big factor when it comes to deciding on new locations.

Once you meet the above requirements, KFC will be able to help you further develop in the following areas:

• Facility planning on-site location and architectural design

• Specifications for fixtures, equipment, and leasehold improvements

• Assistance in site selection and lease negotiation

• Staff training guidelines and best practices

• Kitchen/Back of the House Workflow design

• Ongoing support from members of the Training and Operations Team

• Ongoing updates for increasing profitability

• Products with high industry demand

• Efficiency in all systems

• Favourable contracts with suppliers of goods and services

• Leading marketing support

Contact Franchisor

How much does it cost to become a KFC franchisee?

KFC requires potential applicants to have $750,000 in liquid cash, a net worth of at least $1,500,000, and the ability to provide an investment of between $1,442,550 - $2,771,500 for starting your franchise. There is also a franchise fee of $45,000 when opening a new location, with an Ongoing Royalty Fee of 5% and an Ad Royalty Fee of $5%. The official estimated breakdown of costs is as follows:

Estimated Initial Investment

Name of Fee

Low

High

Application & Background Check Fee (per person)

$300

$500

Deposit Fee

$20,000

$20,000

Option Fee

$25,000

$25,000

Training Expenses

$7,000

$10,000

Permits, Licenses, and Security Deposits

$50,000

$100,000

Real Property

$400,000

$1,100,000

Building & Site Costs

$534,000

$930,000

Equipment, Signage, and Décor, POS & MERIT

$329,000

$476,000

Start-up Inventory

$10,000

$10,000

Grand Opening Expense

$5,000

$5,000

Insurance

$7,250

$10,050

Miscellaneous Costs

$5,000

$10,000

Additional Funds

$50,000

$75,000

Total Estimated Expenditure

$1,442,550

$2,771,550

Can I buy an existing KFC franchisee?

Yes, although this could be limited to very few locations.You can find all available listings here:

Search New KFC Franchise locations for Resale in Canada.