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Buying your own KFC franchise takes more than chicken feed. According to company documents, the cost to open a restaurant that is newly built ranges from $1.44 million to $3.16 million.
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KFC was founded by Colonel Harland Sanders (1890–1980), an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression. Sanders identified the potential of the restaurant-franchising concept, and the first "Kentucky Fried Chicken" franchise opened in Salt Lake County, Utah, in 1952.
By March 2002, the Tricon-Yorkshire multibranding test consisted of 83 KFC/A&Ws, six KFC/Long John Silver's and three Taco Bell/Long John Silver's and was considered successful by the companies. [16] In 2001, KFC started test restaurants in Austin, Texas, called "Wing Works", a chicken wing line sold with one of a few flavored sauces.
Franchising in Australia commenced in a significant way in the early 1970s under the influence of the franchised US fast food systems such as KFC, Pizza Hut, and McDonald's. [18] It was however underway prior to this and a decade earlier in 1960 Leslie Joseph Hooker , considered a pioneer of franchising, created Australia's first national real ...
KFC operates restaurants in several Asian countries. In Sri Lanka, KFC was launched in 1995 at Majestic City. There were 62 KFC restaurants in Sri Lanka as of April 2024. [19] It is currently operated by Cargills Ceylon PLC. In Singapore, the first KFC franchise was opened in 1977 along Somerset Road. In 1993, KFC Singapore was the first KFC in ...