Guide on the Total Estimated Investment Cost for Kenny Rogers Roasters Franchise
KENNY ROGERS ROASTERS FRANCHISE – Here is a guide on how much is the total estimated investment cost in franchising Kenny Rogers Roasters.
Nowadays, one of the best ways to possibly grow your money is through franchise businesses. Most businessmen prefer food business as there is really a necessity for the people to buy food.
Some prefer international brands while others choose local brands. In the case of the former, one of the prominent international brands is Kenny Rogers Roasters.
Kenny Rogers Roasters is known for its chicken meals. It has also other delicious offers like fish meals with vegetable side dishes. This prominent restaurant also has a lot to offer when it comes to desserts – salad, yogurts, ice creams, etc.
Kenny Rogers Roasters has undeniably made a name in the food business. Along with its fame is the big responsibility to maintain its brand and make it even better. That is why its franchise fee may quite be far different than others – plus the fact that it is an international brand.
Based on an article on Franchise Philippines, the Kenny Rogers Roasters Franchise would require at least $255,000.00 for the total estimated investment cost. It can reach as much as $793,000.00.
Kenny Rogers Roasters Franchise’ Total Estimated Investment Cost
$255,000.00 – $793,000.00
In the Philippines, the total estimated investment cost is at Php 12,750,000.00 to Php 39,650,000.00 if the exchange rate is at $1 = Php 50.00.
Based on the article, the franchise fee for the international brand is at $30,000.00 and it is valid for twenty(20) years. After it, it is renewable for another fifteen(15) years.
With regards to the Royalty Fee, the Kenny Rogers Roasters’ Royalty Fee reportedly equates to around 4.5% of the gross sale volumes of the restaurant.
To start your application for the franchise of the international brand, you may visit its official website where you can submit an initial letter – https://kennys.com.ph/franchise//.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: GREENWICH FRANCHISE – How Much Is Needed in Franchising Greenwich