Entrepreneurs are constantly seeking ways to maximize their investments and are increasingly turning to franchising as a viable alternative to starting a new business from scratch. This shift is particularly noticeable in the quick-service restaurant (QSR) sector, where the brand and franchise fee structure play a crucial role in decision-making. Golden Chick stands out among the top chicken franchises for offering an appealing initial franchise investment. This approach enables franchisees to launch their QSR ventures more effectively without stretching beyond their financial means.
For over 50 years, Golden Chick has delivered hot, delicious chicken to its dedicated customers. Leveraging this half-century of experience, we’ve crafted a chicken franchise model for solid investor returns. Our framework reinvests initial franchise costs and fees directly into our franchisees’ locations, ensuring their success.
What Is the Cost to Open a Chicken Shop with Golden Chick?
Golden Chick’s investment cost structure focuses on critical areas such as initial training, computer and POS systems, signage, menu boards, and the necessary furniture and equipment for each restaurant, aiming to minimize unexpected costs during setup and daily operations. The franchise fee is $30,000 for the first location, with a 40% discount up to $18,000 for additional locations, encouraging multi-unit growth.
With one of the lowest franchise royalty rates in the chicken restaurant industry at 4%, we prioritize our franchisees’ profit retention. Additionally, 3% of the investment goes toward local market advertising, benefiting the franchise location.
Why Our Franchise Fees Stand Out in the QSR Industry
As one of the best chicken franchises, our costs are highly competitive within the chicken QSR sector because we offer three distinct franchise models catering to various budgets and community needs. This flexibility allows you to choose an option that aligns with your financial capabilities and the demands of your local area. Our supported concepts include:
- Freestanding, Ground-Up Locations: These are brand-new constructions tailored to our precise standards, intended to serve customers for many years. They are highly effective in attracting clientele, with costs ranging from $993,750 to $1,852,800
- Freestanding Conversions: This option involves refurbishing existing buildings with drive-thrus into Golden Chick restaurants. It’s a cost-effective alternative to new constructions, with expenses between $ 865,250 and 1,455,000, varying by the availability of usable equipment.
- End Cap Restaurants: These are 2,000 to 2,200-square-foot spaces in strip centers or retail complexes equipped with drive-thrus. The start-up costs for these locations are estimated between $810,250 and $1,393,900.
Each model is designed to offer flexibility and affordability, making our franchise fees among the best in the industry.
Golden Chick’s franchise fee structure is highly competitive within the chicken QSR market, offering our franchisees potential savings of 2% to 5% on their bottom line compared to other notable brands. This advantage enables entrepreneurs who choose to franchise with Golden Chick to achieve higher returns on investment, making us one of the top franchising opportunities available.
Are you interested in learning more about the costs of opening a Golden Chick franchise? Reach out to our team now, and we’ll provide you with our Franchise Disclosure Document to help you better understand franchising with us!
