Raising Cane's, the Baton Rouge
Baton Rouge
Baton Rouge is the capital of the U.S. state of Louisiana. Located on the eastern bank of the Mississippi River, it is the parish seat of East Baton Rouge Parish, the most populous parish in Louisiana. It is the 99th most populous city in the United States, and second-largest city in Louisian…
How much does a Raising Cane's franchise cost?
This fast food franchise has locations around the US and internationally. How much does a Raising Cane's franchise cost? Raising Cane's has a franchise fee of up to $45,000, with a total initial investment range of $768,100 to $1,937,500.
Is Raising Cane’s a fast food?
Raising Cane’s® offers a limited menu of chicken finger meals. This fast food franchise has locations around the US and internationally. How much does a Raising Cane's franchise cost?
Who owns Raising Cane's chicken fingers?
Trade name Raising Cane's Chicken Fingers Revenue US$ 1.5 billion (2020) Owner Graves family Number of employees 3,100 (Dec 2020) Website www.raisingcanes.com 10 more rows ...
Is Raising Cane’s a publicly traded company?
Raising Cane’s has been a privately held company since its initiation so no data is available. Raising Cane’s does not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets.
Who was the founder of raising canes?
Where is raising canes chicken fingers?
About this website
Who owns Raising Cane franchise?
philanthropist Todd GravesEntrepreneur and philanthropist Todd Graves knows just how hard it is to start a restaurant. As founder and CEO of Raising Cane's Chicken Fingers, Todd has grown his business from a single restaurant in his hometown to more than 500 locations across the U.S. and beyond.
How many Raising Canes are franchised?
Recently, Raising Cane's was placed No. 69 among domestic brands by Datassential's Firefly 500-plus statistics....Raising Cane's Franchise Facts.Total Units:560Franchising Since:1996Industry:Fast-food restaurant chainSubsector:Restaurants1 more row•May 6, 2022
How much does it cost to buy a Canes franchise?
How much does Raising Cane's franchise cost? Raising Cane's has the franchise fee of up to $45,000, with total initial investment range of $768,100 to $1,937,500.
Is Raising Cane's a private company?
A. Since Raising Cane's® is a privately owned company, we do not sell stock. However, we do appreciate your interest in Raising Cane's® and look forward to serving you again soon.
Can you buy a cane's franchise?
A. Currently, we are focused on the rapid development of company-affiliated restaurants in a very specific geography, while continuing to support our existing franchise business partners. Unfortunately, we are not entertaining franchise or development opportunities anywhere at this time.
How much do Canes owners make?
2021 Raising Cane's Average Unit Volume: $4,192,239 Based on the median sales provided by Raising Cane's franchise locations, at an average of a 15% profit margin it will take around 5 years to recoup your investment. This is in the same range as other franchise opportunities.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
What is the cost of a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
What is the cost of McDonald's franchise?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
What does Raising Cane's stand for?
Raising Cain Meaning Definition: To behave in an angry way and cause a big disturbance.
Does Raising Cane's have stock?
Despite a recent flurry of activity by restaurant chains on Wall Street, he said Friday that Raising Cane's will never become a publicly traded company.
How much is the CEO of Raising Cane's worth?
Given the success Graves has had with his restaurant chain, he has managed to grow his net worth to a reported $150 million.
Is Raising Cane's franchise or corporate?
1851 Franchise Managing Editor Raising Cane's, the Baton Rouge-based, chicken fingers QSR chain with over 530 locations, is a franchise, but is not currently available for franchising.
How much is the CEO of Raising Cane's worth?
Given the success Graves has had with his restaurant chain, he has managed to grow his net worth to a reported $150 million.
How many Raising Canes are there in the US?
There are 636 Raising Canes stores in the United States as of October 18, 2022.
How many locations does Raising Cane's have?
Raising Cane's Chicken FingersTrade nameRaising Cane's Chicken FingersNumber of locations600 (2022)Area servedUnited States Bahrain Kuwait Saudi Arabia United Arab EmiratesProductsChicken fingers • French fries • Coleslaw • Cane's Sauce • Texas toast • Soft drinksRevenueUS$1.5 billion (2020)9 more rows
Todd Graves (entrepreneur) - Wikipedia
Todd Graves (born 20 February 1972) is an American entrepreneur and founder of Raising Cane's Chicken Fingers, a fast food restaurant company that specializes in fried chicken finger meals.Graves, along with Craig Silvey, founded the first restaurant in Baton Rouge, Louisiana in 1996.
Raising Cane’s Chicken Fingers Menu Prices - In 2022 - The Pricer
Brand History. Raising Cane’s Chicken Fingers’ history is inspiring and interesting as well. It all started in the 1990s from the dream of Craig Silvey and Todd Graves to open their own restaurant.
Raising Cane’s Chicken Fingers Menu Prices - 2022 Store & Mall Hours ...
Raising Cane’s Chicken Fingers Menu Prices 2022. Full restaurant menu with prices up-dated for 2022. Meals, lunch, dinner, drinks and kids menu. How much does food cost? All Raising Cane’s Chicken Fingers Menu Prices
Raising Cane's Chicken Fingers - History - LiquiSearch
Famous quotes containing the word history: “ When the coherence of the parts of a stone, or even that composition of parts which renders it extended; when these familiar objects, I say, are so inexplicable, and contain circumstances so repugnant and contradictory; with what assurance can we decide concerning the origin of worlds, or trace their history from eternity to eternity?
How much does a Raising Cane's franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Is raising canes franchising?
Based on our most recent research, Raising Cane's is not franchising in the US at this time.
How much does it cost to open a raising canes?
To open a new Raising Cane’s, it is estimated that you will need between $768,000 and $1,938,000 in startup costs.
Who is the founder of raising canes?
Raising Cane’s founder, Todd Graves, teamed up with a friend, Craig Silvey, to dream up the idea behind the restaurant. Silvey, who was enrolled in classes at Louisiana State University at the time, wrote the business plan for Raising Cane’s with Graves and turned it in as an assignment. The plan was not received with much enthusiasm, ...
How Are Their Established Franchises Doing?
Simply purchasing a franchise does not guarantee that it will be a successful business.
What are the benefits of buying a franchise?
One of the perks of buying a franchise is having the guidance of the franchisor to help you establish your restaurant and attract their clients.
What does the net franchise growth rate tell you?
Looking at the Net Franchise Growth Rate will tell you how many franchises are opening versus how many are closing. If more are closing than opening, it is safe to assume that there are problems in the brand.
What is wrong with raising canes?
The problem with Raising Cane’s is that they charge a high price tag but offer little in return. It’s a huge buy-in cost, but they do not offer much, if any, support to ensure your restaurant flourishes to its potential.
How long is a franchise license good for?
When a franchise license if first purchased, it is good for a period of 20 years.
Who was the founder of raising canes?
At the time, Graves worked at Guthrie's Chicken Fingers while at UGA, which became the inspiration for the Raising Cane's business. While employed at Guthrie's, Graves's boss was Roddy Smith. Smith would eventually become the 1st Director of Operations at Raising Cane's. The Guthrie's location where Graves worked (located in Athens, Georgia) went out of business, and a few years later it was renovated and reopened as a Raising Cane's location. The business plan was rejected numerous times by potential investors, so Graves earned the needed money working as a boilermaker in a Los Angeles refinery and fishing for sockeye salmon in Alaska. He and Silvey obtained a SBA loan which they used to open the first restaurant in Baton Rouge; at the intersection of Highland Road and State Street near the LSU campus.
Where is raising canes chicken fingers?
Raising Cane's Chicken Fingers (also called Raising Cane's) is a fast-food restaurant chain specializing in chicken fingers founded in Baton Rouge, Louisiana by Todd Graves and Craig Silvey on August 26, 1996.
How much money do you need to open a raising canes?
In order to open a Raising Cane's franchise, you must have a net worth of more than $768,000. Appreciate the investment required for a restaurant franchise. Evaluate your prior experience and strengths. You should thoroughly evaluate your prior business experience before applying to become a Raising Cane's franchise owner.
Where are raising canes chicken fingers?
Raising Cane's Chicken Fingers is a fast-food restaurant chain specializing in chicken fingers, that was founded in Baton Rouge, Louisiana in 1996. The company has 432 restaurants & 27 states in the United States, plus an additional 21 restaurants in the Middle East. The chain first began expanding internationally in 2015, ...
Who was the founder of raising canes?
At the time, Graves worked at Guthrie's Chicken Fingers while at UGA, which became the inspiration for the Raising Cane's business. While employed at Guthrie's, Graves's boss was Roddy Smith. Smith would eventually become the 1st Director of Operations at Raising Cane's. The Guthrie's location where Graves worked (located in Athens, Georgia) went out of business, and a few years later it was renovated and reopened as a Raising Cane's location. The business plan was rejected numerous times by potential investors, so Graves earned the needed money working as a boilermaker in a Los Angeles refinery and fishing for sockeye salmon in Alaska. He and Silvey obtained a SBA loan which they used to open the first restaurant in Baton Rouge; at the intersection of Highland Road and State Street near the LSU campus.
Where is raising canes chicken fingers?
Raising Cane's Chicken Fingers (also called Raising Cane's) is a fast-food restaurant chain specializing in chicken fingers founded in Baton Rouge, Louisiana by Todd Graves and Craig Silvey on August 26, 1996.
