Golden Chick

Golden Chick

Chicken
Find out what franchise is right for you
Units as of 2020
184 (14 added in 3 years)
7.6%
2021 Franchise 500 Rank
#302 Ranked #335 last year
Initial investment
$441K - $1.3M

Company Overview

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.

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About Golden Chick

Industry
Food
Related Categories
Chicken
Founded
1967
Parent Company
Golden Southern Chicken Corp.
Leadership
Jim Stevens, President

Franchising Overview

Franchising Since
1972 (49 years)
# of employees at HQ
35
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
184 (as of 2020)

Franchisor Information

Corporate Address
1131 Rockingham, #250
Richardson, TX 75080

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Golden Chick franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$440,950 - $1,348,500
Net Worth Requirement
$1,500,000 - $2,500,000
Cash Requirement
$350,000 - $500,000
Veteran Incentives
33.33% off franchise fee
Royalty Fee
4%
Ad Royalty Fee
1%
Term of Agreement
20 years
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
160 hours
Classroom Training
27-28 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
12
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Golden Chick landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Golden Chick ranked on other franchise lists? Find out below.

Ranked #302

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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