Golden Chick

Golden Chick

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Promoted Opportunities

Golden Chick

Initial Investment

LOW: $235,450
HIGH: $471,000

Change in Units

+21.4% +28 UNITS (1 Year)
+39.5% +45 UNITS (3 Years)

Company Profile

Founded

1967

Franchising Since

1972 (45 Years)

Corporate Address

1131 Rockingham, #250 Richardson, TX 75080

CEO

Mark Parmerlee

Parent Company

Golden Southern Chicken Corp.

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.

Financials

Financial Requirements

Initial Investment

$235,450 - $471,000

Net-worth Requirement

$1,500,000 - $2,500,000

Liquid Cash Requirement

$350,000 - $500,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

1%

Financing Options

Golden Chick has relationships with third-party sources which offer financing to cover the following: 
franchise fee, equipment, inventory, accounts receivable, payroll

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Training Onsite: 14 days

Training at headquarters: 30 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 12 - 15

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 6th, 2016

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