KFC US LLC vs CRAVE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of KFC US LLC vs CRAVE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
KFC US LLC Franchise
CRAVE Franchise
Investment $1,008,550 - $2,771,500$157,900 - $453,500
Franchise Fee $45,000$35,000
Royalty Fee 4-5%6%
Advertising Fee 5%2%
Year Founded 19302018
Year Franchised 19522018
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $4.9K-


Business Experience Requirements
 
KFC US LLC Franchise
CRAVE Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• $100,000 Liquid Capital

    Financing Options
     
    KFC US LLC Franchise
    CRAVE Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    KFC US LLC Franchise
    CRAVE Franchise
    Training On-The-Job Training: 6 weeks Classroom Training: 2 days Ongoing Training Programs
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Real Estate Assistance Marketing Assistance Operational Support Systems in Place
    Marketing National Media Social media SEO -
    Operations Franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is NOT allowed.

    		-

    Expansion Plans
     
    KFC US LLC Franchise
    CRAVE Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About KFC US LLC

    His recipe is still a secret, but more than 2 billion of Colonel Harland Sanders' 'finger lickin' good' chicken dinners are served annually in more than 82 countries around the world. Nearly 50 years ago, Colonel Sanders set out to sell complete meals to time-strapped families, calling his home meal replacements 'Sunday Dinner, Seven Days a Week.' Acquired by PepsiCo in 1986, KFC is now a part of Yum! Brands Inc., which includes A&W, Long John Silver's, Taco Bell and Pizza Hut.

    The total investment necessary to begin operation of a newly constructed KFC outlet ranges from $1,442,600 to $2,771,550. This includes $45,000 to $50,000 that must be paid to KFCLLC or its affiliates.
    The total investment necessary to begin operation of a reopened or remodeled former KFC outlet, or converted KFC outlet ranges from $1,008,600 to $2,221,550. This includes $45,000 to $50,000 that must be paid to KFCLLC or its affiliates.
    KFCLLC also offers multi-unit development opportunities. The total investment necessary to begin exercising development rights is estimated to be $135,000 to $540,000 (based on the expectation that you will develop 3 to 12 outlets during the term of the development agreement), determined by multiplying the number of new outlets you agree to develop by $45,000, all of which must be paid to KFCLLC.
    The total investment necessary to begin operation of a KFC non-traditional outlet ranges from $241,100 to $996,000. This includes $12,100 to $17,100 that must be paid to the licensor or its affiliates.

    "Top   ""    "Entrepreneur

    #13 in Canada's Top franchises.
                              
    "franchiserankingscom"
    #26 on Franchise Rankings.com
    #24 in Franchise 500 for 2020.
    #25 in Franchise 500 for 2021.








    About CRAVE

    Crave began in 2018 and are unique and trendy fast casual BBQ and Hot Dog Joints, that offer BBQ sandwiches and sliders along with 100% All Beef Hot Dogs, Brats and Sausages grilled to perfection. You can top it anyway you like, with our array of toppings and of course add one of our delicious sides, such as baked fries or coleslaw. Crave also features a Self Serve Beer Wall! Customers can choose from the many beer options, as well as wine and cider. As much or little as you choose, it’s up to YOU!