How much does it cost to franchise a Chic fil?
Unlike other franchise models, Chick-fil-A — not the franchisee — covers nearly the entire cost of opening each new restaurant (which, according to its financial disclosures, runs from $343k to $2m). The franchisee only pays the $10k franchise fee.
How much do Chick fil franchise owners make?
Most fast food companies don’t make it widely known just how much their franchise owners earn a year, but that doesn’t mean it’s not possible to get a pretty good idea. According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn an average of around $200,000 a year.
How much does Chick fil A pay?
The overall general average starting pay for Chick-fil-A is approximately $10 an hour. In the summer of June 2019, a Sacramento, California Chick-fil-A franchise owner announced he would raise the starting wage for his employees to $17 an hour. I assure you, this is not the typical starting pay for this fast-food chain.
How to be a good Chick fil A customer?
- The typical Chick-fil-A customer is a white Gen Xer in the suburbs with a high income.
- Chick-fil-A competes with the biggest chains in sales, despite having thousands of fewer locations.
- The average customer eats fast food every other day, but only visits Chick-fil-A 11 times per year.
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Chick-fil-A overview
Two reasons why Chick-fil-A is an attractive opportunity is their loyal customer base and the revenue this loyalty generates.
How much does a Chick-fil-A franchise cost?
Now that you’ve learned about Chick-fil-A’s pros and cons, your next question is probably: How much is a Chick-fil-A franchise? The initial Chick-fil-A franchise fee is only $10,000, which is significantly lower than what their competitors charge:
How to open a Chick-fil-A franchise in 4 steps
If you’re still interested in joining the Chick-fil-A franchise, keep reading for what you’ll need to do.
Ideal Chick-fil-A operator candidate
If becoming a Chick-fil-A operator is more difficult than getting accepted into a prestigious university, you might be wondering what Chick-fil-A is looking for in an applicant.
Chick-fil-A alternatives
Chick-fil-A is for those who fit a specific mold, but if Chick-fil-A is too hands-on and demanding of your time, then you might want to research other restaurant franchises.
The bottom line
If Chick-fil-A still feels like the right franchise for you, and you want more information, consider attending one of their in-person information sessions. They hold seminars in different states throughout the year. Check out their website to learn when the next seminar is being held in your area.
Chick-fil-A operators make a really good income
As for how much a Chick-fil-A franchisee — excuse us, the company calls them "operators" — makes a year, well, that obviously can vary depending on the store. According to a Forbes article, in 2007, a single-store operator took home an average salary of $100,000.
Chick-fil-A only approves a small percentage of franchise applications
Given how popular Chick-fil-A's chicken has become, it's no surprise that their franchisees are making bank. Getting to the point where Chick-fil-A hands over the keys to one of their restaurants is no easy task, though.
It's the cheapest fast food franchise to buy
Compared to other franchises, such as McDonald's, which asks for a $45,000 startup fee and liquid assets of $500,000, Chick-fil-A's $10,000 fee is a real bargain (via The Chicken Wire ). In fact, it's actually the cheapest fast food franchise a person can buy and only costs around 10 grand up front.
Chick-fil-A wants to make sure they get their investment back
So what's up with this enormously high royalty fee that operators must pay out to their chicken boss every month? Well, it's pretty simple really. If you want to open a McDonald's or Taco Bell, it's on you — the investor — to foot the bill for the real estate, building materials, and so forth.
Franchise opportunities
At Chick-fil-A, we believe our success in a community is directly tied to the caliber of each Franchised Operator. It’s the Operators' passion and approach to business that brings each local Chick-fil-A restaurant to life in the neighborhoods where they work and live. That's why we take great care in selecting our franchisees.
Licensing Information and Opportunities
Learn everything you need to know about opening a licensed Chick-fil-A restaurant in a university, airport or business venue in your area.
Chick-fil-A Franchise Opportunities
Chick-fil-A is the largest chicken, and the third largest American fast food restaurant chain, whose specialty is chicken sandwiches. Chick-fil-A has more than 2,000 restaurants in 46 states.
How to open a Chick-fil-A franchise?
Ensure you have adequate capitalization. In order to open a Chick-fil-A franchise, you must have a net worth of more than $350,000.