Curious about becoming a Chick-fil-A franchise owner? Learn about application odds, first-year earnings and franchising success, to help make your decision.
What are the odds of becoming a Chick-fil-A owner?
A very selective process According to an article from The Washington Post, Chick-fil-A only accepts 100 to 115 franchisees from the 40,000 who apply every year. That means only 0.25 percent of applicants are chosen (your kids’ chances of getting into Harvard are better!).
How much does a Chick-fil-A owner make the first year?
With a Chick Fil A franchise owner’s salary range typically falling between $150,000 and $250,000 annually, the investment in this popular fast-food chain can prove to be highly profitable.
What percentage does Chick-fil-A franchise owner take?
The initial franchise fee for a Chick-Fil-A franchise is $10,000. In addition to the initial franchise fee, you must pay to the franchisor a royalty fee of 15.0% of revenues.
How successful is Chick-fil-A franchise?
Chick-fil-A units are the most-frequented fast food restaurant business in 38 out of 50 states, according to a study by Business Insider and Foursquare. QSR Magazine also reported that the average Chick-fil-A makes about $4.4 million in sales per year — $1.7 million more than the next best franchise, Whataburger.