Franchise FAQ

is chuy's a franchise

by Alanis Lehner Published 1 year ago Updated 1 year ago
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The Business of Chuy's
Chuy's owns all of its restaurants; it does not currently franchise any locations and doesn't have any plans to start.
Dec 4, 2020

Full Answer

How many locations does Chuy have?

CHUY is a full-service sit-down restaurant chain headquartered in Austin, Texas. The company has 96 restaurants spread across 17 states, with 41% of the restaurants located in the home state of Texas. CHUY does not franchise, and all its restaurants are corporate owned and operated.

What do we think about Chuy’s holdings?

We have mixed views on Chuy’s Holdings Inc. (NASDAQ: CHUY), a Tex-Mex restaurant group, founded in 1982. Prior to the pandemic, the company’s revenue growth was reasonable, and sales have rebounded strongly to almost pre-COVID levels in FY2021.

When did Chuy's open in Texas?

The Original Chuy's Started in 1982 in Austin, Tx. Chuy's opened on April 16, 1982 in an old, abandoned Texas Barbeque joint on iconic Barton Springs Road in Austin, TX. There was seating for about sixty, a women's restroom the size of a broom closet and a men's restroom that was, well, outside.

Does Chuy’s have a rewards program?

Summary: They do have a “rewards program” but give very little to no information as to the benefits. When you go to their homepage and click on the link “Great News & Specials” which is very small at the top you are then redirected to a third party site where it states – Want all the latest and greatest Chuy’s news?

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What company owns Chuy's?

Chuy's Holdings, Inc.Chuy's Holdings, Inc., through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States.

Is Chuys a chain?

Chuy's is a Tex-Mex restaurant chain established in 1982 in Austin, Texas, by Mike Young and John Zapp.

How many locations does Chuy's have?

Company summary. Chuy's Holdings is a full-service restaurant concept company offering a menu of Mexican and Tex Mex food. The Company has 58 restaurants in 14 states.

Who owns Chuy's Tex-Mex?

Founders Mike Young and John Zapp had a vision of a fun and funky Tex-Mex restaurant that served authentic and fresh food in an atmosphere that appealed to everyone.

What does Chuy mean in English?

A Quechua word, achuy had the meaning of "teaching" through storytelling, thus chuy'o would be "master " or "narrator." In a different context, chuy can be seen to mean a small frog or toad in the water, a small turtle or small horse.

Where is the original Chuys?

Austin, TXChuy's / Place founded

How much does it cost to open a Chuys?

roughly $3.5-$4.0 millionWhile they have paused opening new locations due to COVID-19, they currently have 3 new locations underway, and they expect to open them in 2021. Chuy's estimates that it costs roughly $3.5-$4.0 million to launch a new location, and they target 30% cash on cash returns for each new location by year 3.

Does Chuy's do military discount?

So today I decided to go with my family and I was still in my duty uniform. Well, today they said they don't have a military discount.

Does Chuy's own Hula Hut?

One of the original owners of Hula Hut in Austin owned Chuy's, he said, so there are some similarities between the two restaurants. The menu features a wide variety of tacos, enchiladas, salads and other items that have a Polynesian twist, Cohen said.

What does Elvis have to do with Chuy's?

Each of the Tex-Mex roadhouses include an Elvis shrine. It is a quirk inspired by the first Chuy's, which opened in 1982 on Barton Springs Road in Austin. The chain's founders decorated that first restaurant with an oversized velvet painting of Elvis. It was purchased with the $20 they had budgeted for store's decor.

Is Chuy's coming to Harker Heights TX?

The soon-to-be-built Chuy's Tex-Mex restaurant in Harker Heights will be approximately 5,500 square feet and will employ about 100 people, a representative of the chain restaurant said Friday. The Harker Heights City Council on Tuesday approved the final plat for the Austin-based Tex-Mex restaurant .

Is Chuy's coming to Longview TX?

Chuy's Longview Coming December 2022!

Is Chuy's coming to Harker Heights TX?

The soon-to-be-built Chuy's Tex-Mex restaurant in Harker Heights will be approximately 5,500 square feet and will employ about 100 people, a representative of the chain restaurant said Friday. The Harker Heights City Council on Tuesday approved the final plat for the Austin-based Tex-Mex restaurant .

Why does Chuy's have Elvis?

Each of the Tex-Mex roadhouses include an Elvis shrine. It is a quirk inspired by the first Chuy's, which opened in 1982 on Barton Springs Road in Austin. The chain's founders decorated that first restaurant with an oversized velvet painting of Elvis. It was purchased with the $20 they had budgeted for store's decor.

Are Chuy's refried beans vegetarian?

Chuy's Vegan FAQ Yes, according to the feedback we received directly from Chuy's their refried beans are vegan.

When did Chuy's start?

The Original Chuy's Started in 1982 in Austin, Tx. Chuy's opened on April 16, 1982 in an old, abandoned Texas Barbeque joint on iconic Barton Springs Road in Austin, TX. There was seating for about sixty, a women's restroom the size of a broom closet and a men's restroom that was, well, outside.

Where does Tex-Mex come from?

While we refer to our food as “Tex-Mex”, our menu is made up of a combination of flavors, with recipes and ingredients from across New Mexico, Mexican border towns, the Rio Grande Valley, deep South Texas, Austin and beyond.

Who owns Chuy's Tex-Mex?

Founders Mike Young and John Zapp had a vision of a fun and funky Tex-Mex restaurant that served authentic and fresh food in an atmosphere that appealed to everyone. From these humble beginnings Chuy's was born.

Who is the decorator at Chuy's?

Mike and John, along with their "decorator" Jose Cuervo, made some interesting decisions on restaurant decor, due to lack of money and creativity of their "designer". Those Chuy's touches you love, like the hand-carved wooden fish "swimming" from the ceiling, hubcaps hanging bright and shiny above your booth and the Elvis shrine started with Mike and John and are still alive today. Although we say, "If you've seen one Chuy's, You've seen one Chuy's, " we still like to keep a few of these original eclectic touches in each of our restaurants.

Where is Chuy's located?

Chuy's is a Tex-Mex restaurant chain established in 1982 in Austin, Texas, by Mike Young and John Zapp.

Is Chuy's Children Giving to Children Parade a profit?

Chuy’s Children Giving to Children Parade has annually collected toys, to be distributed, to underprivileged children via the Operation Blue Santa's city of Austin Police Department not for profit organization since 1988.

Do Kids Eat Free at Chuy’s?

Summary: The restaurant does not offer any discounts or promotions related to kids eat free.

Does Chuy’s Offer First Responder Discounts?

Summary: The restaurant does not offer any discounts or promotions related to first responders.

Are There Any Other Discounts or Benefits at Chuy’s?

Summary: They do have a “rewards program” but give very little to no information as to the benefits. When you go to their homepage and click on the link “Great News & Specials” which is very small at the top you are then redirected to a third party site where it states –

Did You Know?

Elvis was a fluke. If you’ve ever been to the restaurant, you will notice more or less a slight Elvis theme. There are conflicting stories as to how his association came to be; one says that they had a small budget and used $20 to purchase a cheap Elvis print. Another says a woman was getting a divorce and gave the print to them. Either way, it (accidentally) became a big part of their culture.

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What was the number one song at Chuy's?

Chuy’s. Chuy’s Restaurant (pc-starlitesign.com) Ebony and Ivory was the number one song, Chariots of Fire took the Acadamy Award, and if you were around, you were probably watching Cheers on TV. The year was 1982, and two friends had Mexican, Star Wars and Elvis on their mind. They simply wanted a fun place for anyone to come and enjoy ...

Why was John Zapp arrested?

One of the co-founders, John Zapp, was recently (May 2018) arrested for punching his wife in the face. He resigned from his position as Chairman of the Board following his arrest. ( so urce) Make sure you put in the correct Chuy’s restaurant into your GPS. There are two more restaurants of the same name.

What Is a Franchise?

A franchise is a type of license that grants a franchisee access to a franchisor's proprietary business knowledge, processes, and trademarks , thus allowing the franchisee to sell a product or service under the franchisor's business name . In exchange for acquiring a franchise, the franchisee usually pays the franchisor an initial start-up fee and annual licensing fees .

What Are the Risks of Franchises?

Disadvantages include heavy start-up costs as well as ongoing royalty costs. By definition, franchises have ongoing fees that must be paid to the franchisor in the form of a percentage of sales or revenue. This percentage can range between 4.6% and 12.5%, depending on the industry.

How Does the Franchisor Make Money?

Typically, a franchise agreement includes three categories of payment to the franchisor. First, the franchisee must purchase the controlled rights , or trademark , from the franchisor in the form of an upfront fee. Second, the franchisor often receives payment for providing training, equipment, or business advisory services. Finally , the franchisor receives ongoing royalties or a percentage of the operation's sales.

What is franchise contract?

Franchise Basics and Regulations. Franchise contracts are complex and vary for each franchisor. Typically, a franchise agreement includes three categories of payment to the franchisor. First, the franchisee must purchase the controlled rights, or trademark, from the franchisor in the form of an upfront fee.

What does a franchisor receive?

Finally, the franchisor receives ongoing royalties or a percentage of the operation's sales. A franchise contract is temporary, akin to a lease or rental of a business.

How long does a franchise contract last?

It does not signify business ownership by the franchisee. Depending on the contract, franchise agreements typically last between five and 30 years, with serious penalties if a franchisee violates or prematurely terminates the contract.

When a business wants to increase its market share or geographical reach at a low cost, it may franchise its product?

When a business wants to increase its market share or geographical reach at a low cost, it may franchise its product and brand name. A franchise is a joint venture between franchisor and franchisee. The franchisor is the original business. It sells the right to use its name and idea. The franchisee buys this right to sell the franchisor's goods or services under an existing business model and trademark .

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