Every year, thousands of people who are thinking about opening a restaurant franchise end up doing so because they know it’s a smart way to do business. The franchise model has numerous advantages over starting a business from scratch, and one of them is transparency; investors can look forward to a franchisor providing thorough and vetted information about what their investment looks like. One of the ways they do so is by sharing their Franchise Disclosure Document (FDD).
An FDD is an important document required by law and covers everything you need to know about a brand: including its history and key players. We want you to be as well-informed as possible before making a Golden Chick investment, and a careful review of our FDD will help. Here, we’ll take a closer look at the role an FDD plays and some of the topics it will discuss.
Take Your Time to Review your Franchise Disclosure Document
Before anything, be sure to set aside plenty of time to review our FDD. It contains a lot of validated information that’ll help you make an educated decision about your investment with us. Often, our potential franchisees go over our FDD with their attorneys, and beyond that, one of our franchise experts will be on hand to review the FDD item by item to make sure you understand and to answer any questions you might have.
What Does an Investment in Golden Chick Look Like?
As an investor, the information you’ll most likely be interested in first is the cost of opening a chicken restaurant franchise with Golden Chick. Our FDD fully lays those numbers out. You’ll learn what your initial investment will look like, including the franchise fee itself, and what your startup costs will be as well as the cost of necessary supplies and materials. You’ll also learn more about any ongoing fees, including monthly royalties and marketing fees. We know that an investment in a Golden Chick restaurant is not an insignificant commitment, so we make sure to give you everything you’ll need to make an educated and mindful decision.
What’s Expected of You
Every one of our franchise owners is a proud extension of the Golden Chick name, making valuable contributions to our brand every day. Part of the way they do that is by adhering to certain guidelines and processes while doing business, and these are laid out in our FDD. Sticking to our business model, proprietary materials, and our brand culture assures consistency and allows all our restaurant owners to succeed. So, while you’ll have plenty of freedom to make your restaurant your own, it’s important to remember that, in many ways, our franchisees act as ambassadors of the Golden Chick brand and do business using time-tested procedures.
What to Expect from Us
The franchisee/franchisor is a very special relationship, one we don’t take lightly. We know our responsibilities to you are vital to your success, and we spell them out thoroughly in our FDD. You’ll learn what kind of training and support you can count on from us, as well as what marketing resources you can expect. Our FDD also gives you essential information about supply sources and operational items, among other resources you’ll enjoy.
Reach out to us today if you’d like to find out more about opening a restaurant franchise with Golden Chick!