Golden Chick Franchise Costs And Fees

About Golden Chick

Golden Chick has been in the business of serving up delicious chicken, fresh salads and multiple side dishes for over 50 years. We’ve built our reputation on convenient locations, unique and memorable building styles and an unbeatable menu.

All of these have contributed to a strong customer base and brand recognition – great news for our franchisees! Golden Chick franchises have been leaders in our communities for decades, allowing qualified investors to leverage our time-tested business model into exciting new careers. Our franchises stand out from the competition for many reasons, such as:

– Loyal following and customer base
– Exceptional franchisee support
– Bulk purchasing pricing
– Ongoing training assistance

Operational systems designed for maximum efficiency Golden Chick franchises are the only place where the best Golden Tender® can be found using the whole chicken tenderloin (the filet mignon of chicken). Golden Chick was the first to harvest and market the tender, and paired with our proprietary marination and seasoning recipes, they remain the best tenders in the industry. That’s why our motto is “The Original & Still The Best™”.

Our menu is also popular because it satisfies the needs of a broad customer base. We quickly serve up individual meals for people on-the-go who need a quick bite, as well as larger family-style meals for those nights when mom and dad need a break from cooking. Homestyle sides like mashed potatoes and macaroni and cheese set us apart from the typical “fast food” offerings that dominate the QSR industry and have kept customers coming back to our restaurants for decades.

Company Founded

1967

Current Leadership

Jim Stevens, President

Started Franchising

1972 (49 years)

Total Number of Units

184 (as of 2020)

Part-Time / Full-Time

Full Time

How Much Does It Cost To Open A Golden Chick Franchise?

There are several costs associated with opening a Golden Chick franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Golden Chick franchise. The weekly fee for opening a Golden Chick franchise is Royalty Fee Is Due Every Thursday For The Previous Week.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Golden Chick Is Renewable) and does the franchise offer financing support (Golden Chick Golden Chick has relationships with third-party sources which offer financing to cover the following: franchise fee, equipment, inventory, accounts receivable, payroll).

Golden Chick Company Details

Here are some additional details about Golden Chick.

Parent Company	Golden Southern Chicken Corp.
Initial Investment	$30,000
Net Worth Requirement	$1,500,000 - $2,500,000
Veteran Incentives	33.33% off franchise fee
Royalty Fee	4%
Ad Royalty	1%
Cash Requirement	$350,000 - $500,000
Term of Agreement	20 years
Absentee Ownership	No
Run from Home	No
Part Time	No

Training and Support Offered By Golden Chick

Golden Chick offers several support options to its franchisees. With 184 (as of 2020) units, Golden Chick aims to provide support to each franchise owner to help them operate a successful franchise location. Golden Chick offers 160 hours on the job training, 27-28 hours classroom training, and No additional training.

Training and Support Offered

Here are the support options offered by Golden Chick.

On-The-Job Training	160 hours
Classroom Training	27-28 hours
Additional Training	No
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Is Golden Chick Right For You?

Golden Chick has gone digital! Here are all of the ways you can find Golden Chick online. Oftentimes, you can reach out to current franchisees of Golden Chick online. Current franchisees may be able to offer personalized insights into what it is like owning a Golden Chick franchise and offer tips to running a successful Golden Chick franchise location.

Social

Why Should You Start a Golden Chick Franchise?

Investing in a Food franchise such as Golden Chick can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Golden Chick franchise and we'll be in touch soon!

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