You’ve got questions, we’ve got answers. We regularly receive questions from prospective franchisees on topics like “What are the requirements to open a Golden Chick franchise?” Here we’ve compiled a few of the most common questions we get, but if yours isn’t represented don’t hesitate to contact us – we’re always happy to share information about this exciting opportunity.
The total investment necessary to develop a single, prototypical Golden Chick restaurant ranges from $893,870 to $1,348,500 for a free-standing ground-up construction, $440,950 to $838,000 for a free-standing conversion and $445,950 to $846, 900 for an end-cap conversion (excluding any cost of real estate). This includes an initial franchise fee of $30,000 that must be paid to the franchisor.
Additional information on the costs to open a Golden Chick restaurant can be found on this website and in our franchise disclosure document. The costs will vary depending on the area in which you’re located. However, we will provide a detailed breakdown of almost everything you’ll need to get started.
We’re looking for franchisees who are highly-motivated to open one or more quick-service restaurants and who are dedicated to mastering the Golden Chick business model. Our Ideal Candidate page exhibits most of the other qualities we’re always looking for in franchisees. In addition to franchisee qualifications, we require a location that meets our standards and shows strong potential for success.
It’s true that opening a franchise requires you to pay fees, but our franchisees generally find that these fees pay for themselves in resources and time and money saved. Entrepreneurs who choose to go it alone need to develop a business model from the ground up, which takes lots of time to perfect. Furthermore, it can take months or even years to develop strong brand recognition, which our franchisees enjoy immediately. When you also consider the marketing materials, business coaching, and strong vendor relationships that are built into our offering, it’s clear that our franchisees are off to a much stronger start than the typical independent owner.
The profitability of a Golden Chick franchise depends upon many factors, including operating and occupancy costs, financing terms and most important, your ability to operate the business effectively. No franchisor can guarantee how any franchise will perform, but we have collected information on how our franchises have performed historically. The best way to get this information is to contact us and request a copy of our franchise disclosure document so that we can provide you with the right numbers, along with a full explanation to put them in context.
Yes! Golden Chick has lots of experience working with investors who opt to open multiple locations in designated markets, as well as those who gradually scale up. Opening multiple restaurants is a great way to leverage the time you’ll invest in training: you’ll spend the same amount of time learning our model whether you open one franchise or six, and opening multiple locations is a great way to capitalize on that investment. We have many multi-unit operators with other concepts that came to us to diversify their portfolio with the Golden Chick brand. Furthermore, opening multiple Golden Chick franchises is a great way to build strong customer bases across your choice market. When you contact us, we’ll explain how Golden Chick works to simplify this process for franchisees.
We require all franchisees to complete our training program prior to opening your first Golden Chick restaurants. Generally, the training includes 27-28 of classroom/office training hours and 160 on-the-job training hours.
The availability of Golden Chick restaurants in your or any other specific areas will be discussed during your initial interview. Golden Chick restaurants, both new and existing, are available either to our existing franchisees or to franchisee applicants who have already completed our training program.
You may have to relocate if there is not a Golden Chick restaurant opportunity in your area.