Franchising Costs and Fees
There’s no question that investing in a new business is a big decision, but our franchisees can rest easy. We’ve streamlined our chicken franchise costs to ensure that our franchisees pay for everything they need and nothing they don’t. Our goal is for you to get your restaurant up and running as efficiently as possible, and our streamlined processes help to ensure you get the best return for your investment. On this page, we’ll review some of the key items that make up the investment in a Golden Chick franchise.
THREE FRANCHISE CONCEPTS TO CHOOSE FROM
At Golden Chick, we allow our franchisees to choose from three unique concepts. This allows them to develop a restaurant that best suits the needs of their community and their budget. The fast-casual restaurant franchise costs are different for each:
1: Freestanding, Ground-Up Location
These brand-new locations are built from the ground-up in locations that are chosen to attract customers. They have lots of potential because they’re built to our exact specifications and are designed to last for decades. As new additions to the communities we serve, these locations are especially effective at catching the attention of prospective customers. The total costs to open one of these locations ranges from $895,890 to $1,414,500. See Item 7 of franchise disclosure document.
2: Freestanding Conversion
These freestanding franchises are established by converting existing buildings with drive-thru into Golden Chick restaurants. Because franchisees won’t need to cover as many construction costs as they would for Freestanding, Ground-Up locations, their initial investment will likely be between $438,450 to $957,500. See Item 7 of franchise disclosure document.
3: Prototypical End Cap Restaurant
With drive-thru: These smaller locations are built into existing spaces in locations like small strip centers supplying us with approximately 2,200 square feet. Like Freestanding Conversion franchises, they don’t typically require comprehensive construction, but unlike both of the previous options, they’re built into a larger retail complex and don’t stand on their own. The estimated QSR franchise cost for this location is from $470,450 to $946,400. See Item 7 of franchise disclosure document.
The total costs reflected above do not include any potential cost to purchase, lease, finish-out or remodel a particular location.
These costs will vary substantially, depending upon lot size, market, condition, labor and materials.
What Do Our Chicken Restaurant
Franchise Costs Include?
One of the best parts of working with a well-established franchisor like Golden Chick is that we have decades of experience opening new restaurants. All of that experience has helped us compile a comprehensive list of just about everything it takes to get a new restaurant up and running. The full breakdown can be found in our franchise disclosure document (FDD), but a few of the key items include:
- Computer and point-of-sale system
- The cost of attending your initial franchisee training
- Signage and menu boards
- Furniture, fixtures, and equipment
While independent owners need to anticipate everything they’ll need to purchase, Golden Chick franchisees enjoy the benefit of our guidance and expertise. We can’t promise that unexpected costs won’t arise, but the likelihood is far lower given our years of experience setting up new restaurants.
The best way to break down our chicken restaurant franchise cost is to contact us directly and request a copy of our FDD. We’ll be glad to walk you through the key expenses, how much liquid capital you’ll need to get started, and much more.
Get in touch today to get started! We’re excited to give you more information on our franchise costs.
