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Updated RecentlyKFC US LLC vs Petro's Chili & Chips Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KFC US LLC vs Petro's Chili & Chips including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,008,550 - $2,771,500 | $75,000 - $324,950 |
| Franchise Fee | $45,000 | $15,000 |
| Royalty Fee | 4-5% | 5% |
| Advertising Fee | 5% | 4% local+1% Nat'l |
| Year Founded | 1930 | - |
| Year Franchised | 1952 | - |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | $4.9K | - |
Business Experience Requirements |
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| Experience | While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | On-The-Job Training: 6 weeks Classroom Training: 2 days | Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips � restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening. |
| 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 | - |
| Marketing | National Media Social media SEO | - |
| Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| 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.
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.
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#13 in Canada's Top franchises.
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#26 on Franchise Rankings.com
#24 in Franchise 500 for 2020.
#25 in Franchise 500 for 2021.
About Petro's Chili & Chips
Since 1992 Petro's Chili & Chips has been operating company stores and franchising in both traditional and non-traditional venues: free standing drive thru units, strip centers, malls, theme parks, airports, sports venues and the newest addition: Petro's food trucks. Petro's Chili & Chips continues to be everyone's favorite QSR.
Petro's Chili & Chips chooses only the best people to be franchisees. Our franchise partners are dedicated to setting the top standard of guest experience. From the taste of the food, to the speed and accuracy of the order, the power of our people to make decisions, the friendly face at the counter and the cleanliness of the restaurant, our Petro's Chili & Chips franchise partners proudly strive to deliver a great guest experience every time.
Now is your chance to join the successful team of Petro's Chili & Chip's franchisees and become your own boss!