Starting a small business can be a daunting task, especially for first-time entrepreneurs doing it all by themselves. In particular, the investment required to start a restaurant can generate a lot of questions, and it’s why so many small business restaurant owners choose to partner with the franchise industry.
As a franchisor with more than 210 locations and growing, Golden Chick has experience nurturing our franchise partners and guiding them toward success. From help with site selection and buildout to initial training, technical expertise, and other resources, having an experienced franchisor to support you can go a long way toward positioning your business for success.
The Golden Chick franchise team can prepare you with the knowledge, skills, and capability you’ll need to turn your dreams of entrepreneurship into a reality—with full support and access to department experts who can answer any questions you may have.
Know Before You Go and Come Prepared!
In 2022, franchise locations are projected to increase by 17,000 units over the previous year. The investment needed to start a restaurant can open the door for you to become your own boss but requires hard work and research. Empowering yourself with information about the quick-service restaurant (QSR) franchise industry is an essential first step toward accomplishing your goals. You’ll want to make a checklist of important issues and ask questions like:
- How much does a Golden Chick franchise cost?
- What are the requirements to become a Golden Chick franchisee?
- Is training provided, and if so, for how long?
- Is starting a franchise a better option than opening my own business?
- Are there Golden Chick locations in my area? If not, do you allow expansion into a new territory?
Asking (and getting answers to) questions like these will go a long way toward preparing you to become a successful franchise owner.
Structure, Strategy, and Support: The Keys to Understanding the Investment Required to Start a Restaurant with Us
Potential franchisees may also find it helpful to create a list of needs that the franchise support team can meet. Structure, strategy, and support are imperative to creating a healthy franchisor/franchisee relationship. At Golden Chick, we view our franchisees as partners and strive for their success in the following ways:
Structure
This may include both a physical and organizational approach. Golden Chick’s physical locations are segmented into three distinct footprints.
- Freestanding Ground-Up: These brand-new restaurants are built from the ground up in locations specifically chosen to attract customers.
- Freestanding Conversion: These freestanding franchises convert existing buildings with drive-thru capabilities.
- Prototypical End Cap: These smaller locations are built into existing spaces in locations like small strip centers and travel centers.
Whatever your goals or resources, we have a model to help you make the most of our robust industry.
Strategy
From the moment you sign your franchise agreement, you’ll have access to marketing materials that will help you spread the word about your business. Logos, social media support, trademarks, and slogans are important to your franchise marketing. All of them can help promote the success of your franchise business, so be sure to ask about these available resources. They include ways to market to your local community and national brand initiatives that help promote the Golden Chick name more broadly.
Support
In addition to ongoing training and a state-of-the-art point-of-sale system, you can look forward to field support from our District Directors. They will help you manage specifics related to cost, quality assurance, staffing, and other issues that may affect your profitability and growth. We know our ongoing support is critical not just to your success as an individual owner/operator but also to the Golden Chick brand. We make sure to be there for you in all areas of business.
A Dedicated Franchise System
Golden Chick franchisees often come to us with specific skills and assets that allow them to make the most of everything our brand has to offer. We don’t “make them successful.” We simply provide them the tools and support they need to get them moving forward with a solid understanding of the QSR industry.
From the moment our partnership begins, we offer full support and teach our franchisees what they’ll need to know about the day-to-day operations of their new restaurant. The resources we provide are more than just part of our franchise agreement—they’re a commitment to the growth of your business and our company. We know how important it is to have the right support system in place, so we make sure to provide it for the life of your franchise!
Contact us today to learn more about the investment requirements to start a Golden Chick restaurant franchise with us.
