CHICK FIL A Franchise Startup Cost, Profit Margin, Revenue and Locations
One of the most successful chains of fast-foods in the United States of America is Chick-fil-A with over one thousand five hundred locations across thirty-nine states in the U. S. Chick fil a franchise net worth , growing from seven hundred million dollars achieved massive sales that totaled up to about five billion, eight hundred thousand dollars in 2014.
This, according to QSR Magazine, is the largest amount of sales ever recorded for any brand of pizza within the country. By sales, Chick-fil-A is the eighth-largest fast-food chain and the second largest quick-service chicken bistro in the United States. The amount of sales each restaurant generates surpasses that of other fast-food chains nationwide.
Chick-fil-A is family-operated and therefore privately-owned fast-serve brasserie that specializes in dishes based on chicken. Truett Cathy opened a restaurant which he named The Dwarf Grill as far back as 1946 in the town of Hapeville, Georgia. He later founded Chick-fil-A in the 1960s and 1967, began to open eating places in shopping malls.
Chick-fil-A offers something for everyone in its large menu; from salads and wraps, breakfast selections, desserts to its prototype chicken sandwiches, Chick-fil-A is in a class of its own. This fabulous restaurant stresses the importance of family in its menu, and its sound Christian principles have made Chick-fil-A very attractive to American citizens nationwide.
Does chick fil a franchise? Yes.What is the cost?
Chick fil A began franchising in 1987 and had its headquarters based in Atlanta, Georgia. It’s primary business is to develop chains of local quick-service bistros with a specialty in providing boneless breast of chicken sandwich.
Chick-fil-A also offers to license occasionally to potential Chick-fil-A licensees with access to sites such as workplace, schools, airports, universities, hospitals as well as other related locations to sell its branded products.
Chick-fil-A receives over and above twenty thousand inquiries annually from individuals who are interested in the franchising opportunity. From these franchisee candidates, Chick-fil-A selects from seventy-five to eighty new franchisees every year.
HOW MUCH DOES A CHICK-FIL-A FRANCHISE COST?
The franchise fee is $5,000. To apply as a franchisee is very easy. The process is swift. Interested candidates are obliged to submit an application form through the website of the company explicitly stating their interest in buying a Chick-fil- A franchise. The company will, in turn, get in touch with the candidates and schedule an interview. The organization may also decide to grant interviews to the candidates’ family and friends as well as business partners.
As a franchisee, you are expected to run a franchised Chick-fil-A brasserie business that specializes in the quick-service provision of boneless breast of chicken sandwiches. Selected franchisees are supposed to indicate the type of retail outlet they intend to run, whether it’s a drive-through or a full-service restaurant.
Chick-fil-A, every so often leases and subleases restaurant grounds to operators and the terms under which the leases and subleases are granted varies and also depends on the location of the restaurant.
This means that Chick-fil-A handles all startup expenses which consist of real estate, the construction of the restaurant as well as the acquisition of the necessary equipment. The lease attracts an ongoing fee of fifteen percent of sales as well as fifty percent of pretax Chick-fil-A average profit that is remaining.
How much is needed to start chick fil a franchise? The cost of being the owner of an international Chick-fil-A franchise is just ten thousand dollars only – the franchise startup fee was formerly five thousand dollars – and franchisees are not required to meet certain net-worth thresholds or possess a specific amount of liquid assets apart from the cost of staring the business. Franchisees or operators must take part in a preliminary training program.
The training program, which takes up to about four to five weeks, usually takes place at the Chick-fil-A’s headquarters in Atlanta, Georgia, although the length of the program, as well as the location, may vary once in a while.
Apart from the initial preparation, Chick-fil-A intends to organize conferences and seminars periodically, though it is not a necessity. Follow-up support is also provided for franchisees and licensees.
One of the chick fil a requirements for franchise is that the eatery must be closed on Sundays. Another obligation to observe is for franchisees to get dynamically involved in the activities of the neighborhood where they work and live.
So how much profit do you make from a Chick-fil-a frachise? The franchisee is given the right to manage or run one Chick-fil-A Licensed Unit at a particular location which is also one of the franchisor’s Licensed Sites. The franchisee will not receive an exclusive territory, whether it is expressed or implied and the permission that is granted to operators subject to the Operator
Terms in the Chick fil a franchise disclosure document is limited solely to the franchised Chick-fil-A business site. The operator may, however, have to compete in earnings potential with other Chick-fil-A franchisees or operators as well as from outlets the Chick-fil-A control, either directly or as affiliates.