5 Most Profitable Fast-Food Chains

1. KFC, Owned by: Yum! Brands, Inc. (NYSE: YUM)

KFC is one of the oldest fast-food chains, which opened its doors in 1952. The chain is famous for its signature fried chicken and includes many burgers, fries, and beverages on its menu. The chain has a brand value of $8.3 billion. China is the biggest market for KFC; the country has over 6,600 of its 24,000 outlets. The reason for its fame is KFC’s ability to cater to the local taste. KFC’s new initiative in China, KPRO, is targeted towards the health-conscious audience with a distinctive menu of juices, salads, and sandwiches. After the coronavirus crisis, Yum! Brands, Inc. (NYSE: YUM) decided to shut around 7,000 of its restaurants worldwide, 2000 of which belonged to KFC and Pizza Hut. Despite this loss, KFC generated $27.9 billion in 2020, increasing from $26.2 billion in 2019.

Nils Versemann / Shutterstock.com

You can also take a peek at 10 Biggest Fast-Food Chains in the World and 15 Richest Media Owners in the World.

Follow Insider Monkey on Twitter