Your Grand Opening and Beyond
Whether you signed your franchise agreement and paid your initial franchise fee at Discovery Day or sometime soon after, we can now get started with the process of making your Golden Chick restaurant a reality. There’s a lot involved in opening a Golden Chick restaurant. Our decades of experience give us unique insight into the steps of the process and we’re able to guide our franchisees through every step, including but not limited to:
These are just a few of the ways we simplify the process to assist you to achieve a successful Golden Chick restaurant opening. Then, we’ll continue to work with you as your business grows, providing you with ongoing training and guidance.
You will be invited to the Golden Chick Support Center to meet senior team members that head up corporate support functions such as training, marketing, operations, construction and supply chain. This is a great time to get answers to any questions that you’ve yet to ask. This is the team that has the answers. Time is set aside for a one-on-one discussion with members of the Executive Team to get to know you, and you them. If the parties agree, Discovery Day will end with the signing of your initial franchise agreement.
Due Diligence & Proforma
During Step 3 you will contact as many current franchisees as you like. Ask them about their experience with Golden Chick, “why they chose the brand”. How long to build your Golden Chick? What should I pay my manager? Get the answers to your questions from Golden Chick operators that live the brand every day. Next you will prepare a financial proforma for your proposed Golden Chick. We will provide you a format and guidelines that you can complete or enlist your accountant/financial advisor’s help. It is important that you understand the P&L, and your lender is going to want to know that you understand the numbers as well. Once completed, we will review together to ensure that your expectations are reasonable and realistic.
Reviewing the Details
Early in the process it is important for both parties to learn about each other to ensure that our goals are aligned and realistic. It is critical that potential franchisees are a good fit for the Golden Chick culture and process. You should walk away from this discussion feeling that you want to proceed to the next step. If it seems like we’d be a good fit, we’ll take some time to review the details of the investment with you. You’ll be provided with a copy of our franchise disclosure document (FDD) which breaks down everything you need to know about starting a quick-service restaurant with Golden Chick. While you’re reading the fine print, we’ll learn more about your background and ensure that you’re well-qualified to become a franchisee.
Hosted by an Operations Training Specialist, you will attend an introduction to Golden Chick operations providing you with an overview of the restaurant layout; key employee positions in a typical Golden Chick and their responsibilities; products, systems and much more. We want you leaving this 4-5 hour overview with an understanding of what it takes to deliver on the Golden Chick experience of friendly, helpful service, delicious Golden Chick meals and a clean and sanitary facility. Given the current environment, this was never more important!
Once you contact us, we’ll be in touch soon to provide you with more details about our brand and the investment. We’ll want to know more about you and your interest in starting a Golden Chick restaurant, and we’ll let you know the basics.