You’d Be Surprised How Cheap it is to Open a Chick-fil-A Franchise
Got some extra cash and a lot of free time? Starting your own Chick-fil-A franchise is surprisingly inexpensive compared to others.
Somehow I always thought opening up a franchise restaurant would cost a lot of money, and you had to be pretty well-off to begin with. Well it turns out that is true for most options except for Chick-fil-A.
An article in Forbes details their strict hiring process and how the religious company can get a little too "personal" when focusing on the morals of its employees.
The most interesting part of the story is how much it costs to open up a Chick-fil-A. Most franchise restaurants require owners to pay in the hundreds of thousands of dollars to open, but Chick-fil-A only asks for $5,000 as an initial franchise fee.
Chick-fil-A "pays for the land, the construction and the equipment." The company then rents it all to the franchisee for 15% of sales plus 50% of pretax profit remaining.
The craziest part? Forbes reports that restaurant operators can take home $100,000 a year on average from a single outlet.
Personally, I love the chicken (and waffle fries) offered at Chick-fil-A. I don't know if I could stand being a manager at a fast food restaurant, but that big paycheck sure is tempting.
There are currently only two Chick-fil-A's in New Hampshire, and they are both in Nashua, which means there is always room for a new location. May I suggest somewhere on the Seacoast? Not because that is where I live, but because I think it would be a good fit for the restaurant (just kidding I just love fried chicken sandwiches.)