KFC Corp.

Founded: 1930 Franchising since: 1952
In 1930, Harland Sanders opened Sanders Court & Cafe in the front room of a gas station in Corbin, Kentucky. He was named an honorary Kentucky Colonel in 1936 for his contributions to local cuisine. Colonel Sanders began franchising in 1952 and awarded the first franchise to Pete Harman in Salt Lake City, Utah. Their handshake agreement stipulated that the corporation would receive a royalty of one nickel for each chicken Harman sold.

His recipe is still a secret, but billions of Colonel Sanders' chicken dinners are served annually in more than 80 countries. KFC is now part of Yum! Brands, which also includes A&W Restaurants, Long John Silver's, Pizza Hut and Taco Bell.

1441 Gardiner Ln. Louisville, Kentucky 40213

Phone: (502)874-8201

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	4297	0	7482	3801
2008	4,387	0	7,166	3,339
2007	4,371	0	6,700	3,187
2006	4,277	773	5,316	3,067
2005	4,277	773	5,316	3,067

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Total investment: $1.2M-1.8M Franchise fee: $45K

Ongoing royalty fee: 5% Term of agreement: 20 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $360K
Business Experience:

• Industry experience
• General business experience
• Marketing skills

Franchise 500® rank:
#14 (2009); #7 (2008); #23 (2006); #11 (2005);

Ranked #1 in category in:
2009; 2008; 2006; 2005;

Fastest-Growing Franchises:
#48 (2008); #75 (2005);

America's Top Global Franchises:
#13 (2009); #2 (2008); #7 (2006); #5 (2005);