As many entrepreneurs know, many factors must be considered before starting a new business, and this is no different for a chicken franchise. Before choosing one to invest in, you should assess how much it costs to evaluate the business, its timeline for opening, its operational advantages, its brand reputation with both customers and other franchisees, and, perhaps most importantly, its profit potential. With so many options available in today’s business world, it can be challenging to determine which brand is the right choice to franchise with. Golden Chick sets entrepreneurs up for success through our outstanding franchise business model and by giving you everything you need to have confidence in the success of your new fried chicken franchise.
Over the past 50 years, Golden Chick has continued to serve the best-tasting chicken on the market to hungry customers in many different territories. This history of consistency has allowed us to build a strong customer base that has followed us to each new Golden Chick franchise we have opened. Even in such a competitive industry, Golden Chick is still widely recognized as one of today’s top chicken restaurant franchise brands in the entire country. As your franchisor, we will work to establish you as a top option for those in your territory so that you, too, can take advantage of the popularity of our delicious chicken and other menu items.
How Much Experience Do You Need to Open a Chicken Restaurant Franchise?
When it comes to owning and operating a quick-service restaurant (QSR), it can be easy for entrepreneurs to get caught up in the fast-paced environment and lose their way. Those who choose to run their business by themselves under a traditional small business model or run a QSR franchise without strong franchisor support are particularly vulnerable to this. If you choose to partner with Golden Chick, you will not have to worry about this as much, even if you are completely new to the QSR industry.
At Golden Chick, we’ve partnered with entrepreneurs of all kinds of backgrounds to help them launch a successful franchise location they can be proud of. The most important characteristics that will contribute to your chances of success as a Golden Chick franchisee are not your reputation in business or cooking skills. Instead, individuals who are foremost passionate about our mission of serving delicious chicken and other food to loyal customers and who dedicate themselves to furthering their own legacy alongside Golden Chick in the locations they call home are more likely to succeed.
Some of our franchisees, including those who own multiple Golden Chick locations, focus on hiring experienced staff who can manage the required day-to-day operations of each of their stores. This allows Golden Chick franchise owners to find a better balance that enables them to focus on the areas of their business that need it the most.
Golden Chick also requires new franchisees to be in good standing financially and in terms of their credit. If you can match these qualifications and are willing to dedicate yourself to following our time-tested business model, you should have an excellent chance at building the top chicken QSR in your area.
How Much Does It Cost to Open a Golden Chick Fried Chicken Restaurant Franchise?
The chicken restaurant franchise cost of opening a new franchise is another serious consideration that you must take into account, especially since the cost and structure of every QSR are different. At Golden Chick, we offer three unique concepts for franchisees to invest in our restaurants so you can choose the one that best meets your long-term ambitions without overextending yourself financially.
Freestanding, ground-up locations are constructed to match exact specifications with the ability to attract a large number of new customers and remain in business for decades, as many Golden Chick stores have done before. Typically, the cost to open a freestanding, ground-up location ranges from $895,890 to $1,414,500.
Freestanding conversion franchises target existing buildings with the space for or capability to add a drive-thru area so that franchisees can take advantage of what could prove to be a major revenue driver. The initial investment for a freestanding conversion franchise is usually between $438,450 and $957,500. The cost of this option is lower because franchisees won’t expect to incur as many construction costs as they would with a freestanding, ground-up location.
Prototypical end-cap restaurant locations are built into smaller existing spaces, such as strip centers, and require as little as 2,200 square feet to operate. These Golden Chick QSRs also come with drive-thru capabilities and are built into larger retail complexes that have a proven ability to attract hungry consumers. The investment cost for this model ranges from $470,450 to $946,400.
Opening a chicken QSR franchise with Golden Chick can give you the entrepreneurial opportunity you’ve been searching for. The Golden Chick team will be alongside you every step of the way to ensure that you have what you need to build a top-performing QSR, as many other Golden Chick franchisees have done before!
Have more questions about what it takes to open a QSR with us? Reach out to us today, and we’ll show you why franchising with Golden Chick is the right choice!
