8/10

Franchimp Summary Rating

8 /10
Lower than 22% of peers

Employee Contact Database

# Name Position Phone Number Email Address

Golden Chick Franchise System Development in 2017

FAQ

How much investment do I need to start my own Golden Chick business?
Franchisees typically require at least $235,450 to $471,000 investment to get their Golden Chick business started
What are the initial franchise fees for Golden Chick?
Franchisees typically need to pay at least $30,000 in fees directly to Golden Chick in order to earn the right to launch their business
How much money can I make with a Golden Chick franchise? What are the average revenues for a typical Golden Chick business?
We haven’t done the math on how much revenue a typical Golden Chick brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Golden Chick to generate a similar amount
How long do I need to commit to running a Golden Chick unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $213,540 to $475,750 which is Much Lower than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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