Business Profile Of Kfc
The fast food chain known today as kfc began back in the 30s when harland sanders born september 9 1890 began serving chicken to the patrons of his service station in corbin ky.
Business profile of kfc. While the first franchise was started way back in 1952 in utah. Kfc is a fast food brand also called a qsr or quick serve restaurant specializing in chicken. Company profile page for kfc including stock price company news press releases executives board members and contact information.
Kfc stands for kentucky fried chicken and was started by a budding entrepreneur by the name harland sanders. In 2011 it had a revenue in excess of 10 billion. In 2018 kfc recorded total system sales in the amount of usd 26 24 billion up on the usd 24 52 billion recorded by the company in 2017.
The company s total revenue for the year was usd 2 64 billion down on the usd 3 11 billion recorded by the company in 2017. Kfc has been a brand and operating segment termed a concept of yum. Brands since 1997 when that company was spun off from pepsico as tricon global restaurants inc.
He didn t have a restaurant then but served people on his own dining table in the living quarters of his service station. Until late 1997 operates over 5 000 units in the united states approximately 60 percent of which are franchises. With more than 19 500 units in more than 115 countries and territories kfc formerly kentucky fried.
Today kfc boasts of nearly 18 000 outlets in 120 countries. Eventually the operation grew and moved. It is currently a subsidiary of yum.
Kfc corporation is the largest fast food chicken operator developer and franchiser in the world.