Lowest cap rate over past 24 months
12 mo avg with 5+ yr lease term
|Average Sale Price||$1,250,000 - $2,000,000|
|Average NOI||$90,000 - $140,000|
|Lease Term||20 Years|
Back in 1930, the great Harland ‘Colonel’ Sanders originated KFC in a tiny section of a Corbin, KY gas station. Fast forward to 1952, and we can see he was well on his way to success, having started the first KFC franchise.
Decades later, PepsiCo would take over in the mid-80s. Then in 1997, PepsiCo branded KFC, along with Taco Bell and Pizza Hut under the Yum! Brands, Inc. Today, they have closed in on spot #200 in the Fortune 500 list, now pushing over thirteen billion dollars in revenue per annum (statistic current as of 2012).
Counting seventeen thousand separate properties in the U.S. alone, with nearly fifteen thousand in over 120 countries internationally, Kentucky Fried Chicken (KFC) has become mammoth in annual sales revenues. KFC brought in over sixteen billion dollars per annum recently, growing their operational profits over the past 3 years with a nine percent growth rate compounded.
With corporate operations based in Louisville, KY, the KFC brand continues to be famous for all things chicken. Everything from Crispy Kentucky Grilled Chicken®, fresh sandwiches, Hot Wings™ pieces, and Extra Crispy™ Tenders, to name a few.
|Number of Locations||24,104|
|Key Principal||Sabir Sami|