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Golden Chick

2014 Franchise 500
#222
At a Glance

Products & Services: Chicken

Number of Locations: 114

Total Investment: $738.5K - $1.6M

Founded: 1967

Began Franchising: 1972

About Golden Chick

Howard Walker opened the first Golden Fried Chicken location in San Marcos, Texas, in 1967. The restaurants, which served fried chicken, chicken tenders, mashed potatoes, biscuits and other favorites, quickly spread through Texas and Oklahoma.

In 1996, the name was changed from Golden Fried Chicken to Golden Chick. The conversion included an image update and the addition of new menu items, such as Golden Roasted Chicken and a variety of new side items to go along with all the existing menu item favorites. Free-standing and co-branded units offer dine-in, takeout, drive-thru, catering and optional delivery service.

Franchise Units

Year U.S. Canadian International Company Owned
2013 110 0 1 3
2012 98 0 2 3
2011 85 0 0 4
2010 86 0 0 4
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, South, Southeast, Southwest.
Franchisor is seeking new units in Asia, Middle East, Mexico.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $738,450 - $1,640,500
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $150,000
Operations
28% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 12 - 15. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 6 weeks. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #222 (2014), #245 (2013), #458 (2012), #392 (2011), #327 (2010),
America's Top Global: #175 (2013),

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