#458
At a Glance
Products & Services: Quick-service chicken restaurant
Number of Locations: 89
Total Investment: $634.6K - 1.21M
Founded: 1967
Began Franchising: 1972
Private Owned
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 |
| 2011 | 85 | 0 | 0 | 4 |
| 2010 | 86 | 0 | 0 | 4 |
| 2009 | 85 | 0 | 0 | 8 |
| 2008 | 71 | 0 | 0 | 8 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
South, Southeast.
Franchisor is seeking new units in Asia, Middle East, Mexico.
South, Southeast.
Franchisor is seeking new units in Asia, Middle East, Mexico.
Startup Costs, Ongoing Fees and Financing
Total Investment: $634,600 - $1,208,900
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
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).| Financing Type | In-House | Third Party |
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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,