World’s most Popular Food Franchise Cost?
The stakes are pretty high in the franchise business. All the more so when it comes to the F&B industry. But with high stakes, come higher benefits. According to Business Insider, here is a list of the most popular food franchise of the world and how much do they cost to set up.
McDonalds
Established: 1940, San Bernardino, California.
Founder: Richard McDonald and Maurice McDonald.
Headquarters: Chicago, Illinois.
Signature(s): Golden Arches symbol, “I’m loving it.” slogan., Ronald McDonald (Mascot)
First Franchise: 1953, Phoenix, Arizona. With franchisor Ray Kroc.
Franchise Reach: 37,855 outlets. Over 100 countries.
Specialty: The Big Mac, fries and coke combo.
- World’s largest restaurant chain by revenue, serves over 69 million customers daily.
- World’s second-largest private employer, with 1.7 million employees.
- #1 in Franchise 500 list 2019.
Franchise Costs: USD 1.3 million to 2.2 million
Kentucky Fried Chicken
Established: 1930, San Bernardino, California.
Founder: Colonel Harland Sanders.
Headquarters: Louisville, Kentucky.
Signature(s): Colonel Sanders pictograph and logo, “Finger Lickin’ Good” slogan.
First Franchise: 1952, Utah.
Franchise Reach: 22,621 outlets. 136 countries.
Specialty: Chicken Bucket, Hot Wings.
- First Western restaurant chain to open in China, 1987.
- With 5500+ outlets today, current largest restaurant chain in China.
- World’s second-largest restaurant chain (by sales)
Franchise Costs: USD 1.4 to 2.8 million
Wendy’s
Established: November 15, 1969. Columbus, Ohio.
Founder: Dave Thomas
Headquarters: Dublin, Ohio.
Signature(s): Dave Thomas’ daughter ‘Wendy’ pictograph and logo, “Where’s the Beef?” slogan.
First Franchise: 1952, Utah.
Franchise Reach: 6,711 outlets. 48 countries.
Specialty: Square Hamburgers, Sea Salt Fries, Signature Frosty
- World’s third largest hamburger fast food chain.
- Quoted with the most retweeted tweet in history.
- World’s first fast-food chain to introduce the salad bar.
Franchise Costs: USD 2 million to 3.5 million.
Taco Bell
Established: 1962. San Bernardino, California.
Founder: Glen Bell
Headquarters: Irvine, California.
Signature(s): The Tower Bell logo, “Think Outside the Bun” slogan.
First Franchise: 1952, Utah.
Franchise Reach: 7,511 outlets. 36 countries.
Specialty: Tacos, Burritos, Quesadillas, Nachos.
- A designated clothing line promoting their brand.
- #9 in Franchise 500 list 2019.
Franchise Costs: 1.2 million to 2.9 million.
Subway
Established: 1965. San Bernardino, California.
Founder: Fred DeLuca and Peter Buck
Headquarters: Irvine, California.
Signature(s): The Tower Bell logo, “Think Outside the Bun” slogan.
First Franchise: 1952, Utah.
Franchise Reach: 41,512 locations. 111 countries.
Specialty: The submarine sandwich (simply called “sub”), wraps, salad, paninis.
- World’s largest single-brand restaurant chain and operator.
- World’s largest franchise brand.
- Aims for further Expansion in India.
Franchise Costs: USD 1.16 million to 2.6 million