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Golden Chick

Quick-service chicken restaurant

Background

Founded: 1967 Franchising since: 1972
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.

11488 Luna Rd., #100B
Dallas, Texas 75234-9430
Phone:
(972)831-0911


Franchisor has 12 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 85 0 0 8
2008 71 0 0 8
2007 71 0 0 8
2006 62 0 0 12
2005 63 0 0 10

Where Seeking Franchisees
In the U.S. South, Southeast
Outside the U.S.: Asia, Middle east, Mexico

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $461.9K-832.7K
Franchise fee: $25K
Ongoing royalty fee: 4%
Term of agreement: 20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $150K
Business Experience:
  • General business experience
  • Marketing skills

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)

Training and Support

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

Rankings

Franchise 500® rank:
#342 (2008); #387 (2006);


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