5/10

Franchimp Summary Rating

8 /10
Lower than 22% of peers

Franchise Summary

Description
You will operate a business engaged in selling various specialty chicken products, beverages, and associated merchandise under the Chick’nCone trademarks.
Company Background
Chick'nCone is a company that sells specialty chicken products, beverages, and associated merchandise under the Chick'nCone trademarks. The business was established in 2009 and will be operated by you!
Franchise Opportunity
The fast food industry is a competitive space. There are many options for consumers, and it's hard to stand out from the crowd. Chick'nCone offers an improved customer experience that will put your store ahead of the competition. Chick'nCone has developed a unique system for preparing chicken that not only tastes better than other fast food chains, but also allows you to serve fresh meals faster than any other chain in existence today.
Corporate Structure
Chick’nCone Franchise, LLC was formed as a limited liability company in the State of Delaware on March 8, 2017. Their principal business address is 241 N. 4th Street, Bangor, Pennsylvania 18013. They began offering franchises in September of 2017.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Chick’nCone food court outlet ranges from $102,725 to $194,200, including $45,000 which must be paid to the franchisor. The total investment necessary to begin operation of a Chick’nCone retail center outlet ranges from $161,575 to $255,200, including $45,000 which must be paid to the franchisor.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

FAQ

How much investment do I need to start my own Chick'nCone business?
Franchisees typically require at least $198 to $286 investment to get their Chick'nCone business started
What are the initial franchise fees for Chick'nCone?
Franchisees typically need to pay at least $45 in fees directly to Chick'nCone in order to earn the right to launch their business
How much money can I make with a Chick'nCone franchise? What are the average revenues for a typical Chick'nCone business?
We haven’t done the math on how much revenue a typical Chick'nCone brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Chick'nCone to generate a similar amount
How long do I need to commit to running a Chick'nCone 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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