The franchised businessyou will own and operate is a casual restaurant that features fried chicken, beverages, and unique food service and other products doing business under the Principal Trademark "Gus’sWorld Famous Fried Chicken" (the "Franchised Business").
Company Background
We are the franchised business you will own and operate, a casual restaurant that features fried chicken, beverages, and unique food service. We do business under the Principal Trademark "Gus's World Famous Fried Chicken(R)" (the "Franchised Business").
Franchise Opportunity
Owning a restaurant is hard work. It's time-consuming and stressful, but it can also be incredibly rewarding. But if you don't have the right tools to manage your business, there's no way you'll succeed. And that's exactly what we're here for! Gus's World Famous Fried Chicken(R) offers franchisees access to an award-winning management system designed by experts in the field who want to help you succeed as much as they do. We've been helping restaurants thrive since 1977, so let us share our expertise with you today! Call 1-800-GUSFRIED or fill out this form now to learn more about how we can help turn your dreams into reality!
Corporate Structure
Gus’s Franchisor, LLC is a Delaware limited liability company organized on August 29, 2012. Their principal business address is 5828 Shelby Oaks Drive, Memphis, Tennessee 38133. The name of their parent company is Hot and Spicy Holdings, LLC, a Delaware limited liability company organized on May 3, 2012. Its principal address is 5828 Shelby Oaks Drive, Memphis, Tennessee 38133. They began selling Gus’s Franchises in January 2013.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Franchised Business ranges from $409,300 to $1,037,300. This includes $55,930 to $75,930 that must be paid to the franchisor or their affiliate.
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 8% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Gus's World Famous Fried Chicken Franchisees
Gus's World Famous Fried Chicken Franchise System Development in 2017
FAQ
How much investment do I need to start my own Gus's World Famous Fried Chicken business?
Franchisees typically require at least
$409,300 to
$1,037,300 investment to get their
Gus's World Famous Fried Chicken business started
What are the initial franchise fees for Gus's World Famous Fried Chicken?
Franchisees typically need to pay at least
$75,000 in fees directly to
Gus's World Famous Fried Chicken in order to earn the right to launch their business
How much money can I make with a Gus's World Famous Fried Chicken franchise? What are
the average revenues for a typical Gus's World Famous Fried Chicken business?
We haven’t done the math on how much revenue a typical
Gus's World Famous Fried Chicken brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Gus's World Famous Fried Chicken to generate a similar amount
How long do I need to commit to running a Gus's World Famous Fried Chicken unit? What
is my contractual commitment?
Gus's World Famous Fried Chicken franchisees are typically required to sign up to a
15 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
9 /10
The Franchisor's investment costs ranges from
$177,500 to $341,000
which is
Much Lower
than the $619,545 to $1,693,635 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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