Unitnomics

Franchises · 2026 FDD · Wisconsin DFI filing 640412

KFC franchise cost, unit revenue and closures

Opening a KFC cost $2,107,575 to $4,155,000 in the 2026 FDD; the franchisor's revenue disclosure has no single unit figure; 12.1% of franchised units closed over three years.

Franchisor: KFC US, LLC. FDD issued 2026-03-25. Fiscal year end 2025-12-31. Figures re-found on the cited page 2026-11-03.

What a unit costs to open

Initial investment range$2,107,575 – $4,155,000Item 7, p. 14
Midpoint (site arithmetic)$3,131,288(low + high) ÷ 2

construct a new Outlet (Note 15); remodel, reopen or convert an existing restaurant $1,207,575 to $2,805,000 (Note 16). A Development Agreement table on p.13 totals $135,000 to $540,000 in development fees only.

What a unit pays the franchisor

Initial franchise fee$45,000Item 5, p. 7
Royalty4% to 5.25% of Gross Revenue or a minimum of $1,440 per month, monthlyItem 6, p. 8
Advertising fundNational Co-Op 5.8% of Gross RevenueItem 6, p. 8

paid as a $20,000 Deposit Fee plus an Option Fee.

What a unit sells

Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.

Item 19 present, no single unit figure. none historical: Item 19 discloses a third-party site-forecast tool and its accuracy against a sample of outlets (projected $545,000 to $3,151,000 against actual $387,000 to $3,379,000 for FYE 2025) (Item 19, p. 41, 42).

Franchisor's statement: “Except as disclosed in this Item 19, KFCLLC does not make any financial performance representations.”

Revenue to investment

Undefined: no historical unit-revenue figure.

How many units open and close

Franchised units202320242025
Start of year3,8423,7153,558
Opened30289
Terminated156151155
Not renewed000
Reacquired by franchisor1347
Ceased, other reasons001
End of year3,7153,5583,404
Company-owned, end of year467986

Item 20, Table 1 p. 43; Table 3 totals p. 50.

Three-year closure rate12.05%463 closures ÷ 3,842 at start of 2023
Three-year net change, franchised-438 (-11.4%)end 2025 − start 2023

Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.

all three rows sum; exits are booked as terminations.

Source and method

Every figure above comes from the KFC Franchise Disclosure Document issued 2026-03-25, as filed with the Wisconsin Department of Financial Institutions (filing 640412, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.

Wisconsin holds two KFC registrations: 640412 KFC (Traditional), this record, and 640384 KFC (Non-Traditional), not fetched.

Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.

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