A Chick-Fil-A Franchise Costs only $10,000 and Makes 4.5 Million - What's the Catch?
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- čas přidán 10. 09. 2024
- To become a franchise owner of a Chick-fil-A restaurant only costs $10,000. Compare that to a McDonalds which will cost you between $1,314,500 to $2,313,295 to open a location, a Burger King costs up to 3 million to buy a location, and a Subway as much as $470,000.
So why doesn't everyone just buy a Chick-Fil-A, and why do people even consider other franchises. Well the Chick-Fil-A franchise model is different from other franchises for a number of reasons.
1. Most franchises allow you to own and run other businesses as long as they are not in direct competition. Chick-fil-A wants you to be an active owner/operator and work directly in your location. You wont ever see a celebrity invest in a franchise like Chick-Fil-A as they wont allow you to install a remote manager to run your location. Now obviously this strategy has worked as their locations are highly successful. But if you want a passive or semi passive franchise, Chick-Fil-A is not a good option.
2. You won't build any equity in the business. So in a traditional franchise agreement yes, you have to invest more money, but you can build that business up and eventually sell it, potentially for millions of dollars. With Chick-Fil-A, because they are providing most of the money for the stores, which is likely millions of dollars, they retain the equity and ownership. So if you decide to leave the business, you just walk away and do not receive and equity share.
3. Chick-Fil-A has received a lot of flak for their allegedly anti LGBTQ stance. Based on that the company has actually been rejected from opening stores in airport locations like San Antonio and Buffalo. As our world seems to be becoming more polarized, political pushback could increase in the future.
4. Owners do not get paid like a typical franchise owner. So in most cases a franchise owner will receive 100% of the revenues, then pay royalties of around 6-8%. So if you make a million dollars you will typically pay $60-$80,000 to the franchise. There are other fees and expenses of course. But Chick-Fil-A corporate, because they are the actual owners of the store, kind of switch those numbers around. How much do Chick-Fil-A franchise owners make? It's hard to get exact numbers but it is estimated owners receive between 5%-7% of the gross. So instead of you paying the franchise a small royalty, you get paid a small royalty. So at 5% if your store does 1 million you get $50,000, 2 million you get $100,000 3 million $150,000 and 4 million you get $200,000. So that would put the average store owner Chick-fil-A earnings at $225,000 per year at 5% and $270,000 per year at 6%. Not a bad return on $10,000.
5. Does it really only cost $10,000? Well yes and no, because beyond the franchise fee you will also need to carry your business until it reaches profitability. The initial franchise fee is only $10,000 yes, and that's all you need to get started - here again from the FDD, "the $10,000 initial franchise fee is the
only initial out-of-pocket investment you will be required to make to begin operation of your
franchised Chick-fil-A Restaurant business" and take note the money cant be borrowed, it must be cash in hand. But you will also need to pay opening inventory, to pay for the rental equipment, pay for your lease and insurance, utilities, employee payroll and more. The actual estimate taken from the Chick-Fil-A disclosure documents it will cost between $295,412 to $2,431,608 to open your Chick-Fil-A. Now remember - the lower number is likely representing a smaller location. Now as per Chick-Fil-A's documents those expenses will come from your revenue, so you do not need that amount to actually open the store as it will be deducted from your revenues.
If you are fine with the politics, with the equity and revenue arrangement, you have $10,000 and want to open a restaurant. Keep in mind Chick-Fil-A receives thousands of applications every year, some suggest up to 20,000, and they only open around 100 restaurants. In 2018 they opened 102, in 2019 149, and in 2020 only 74 new franchisee owned restaurants opened across the country. Some applicants had to wait over a decade before they were accepted, and of course thousands of people are never accepted at all. This makes Chick-Fil-A the most difficult franchise to acquire. It may not be for everyone, but most Chick-Fil-A owners are very happy with their decision, and their franchisee and employee satisfaction rates are some of the highest in the country. You can apply for a Chick-Fil-A franchise in the USA, Canada or Puerto Rico on their website at www.chick-fil-...
STEAK AND SHAKE FRANCHISE ONLY $10K - WHAT'S THE CATCH? • Steak 'n Shake Franchi...
#FRANCHISECITY #CHICKFILA
Steak n Shake also has this same plan. $10,000 to get in, you run "your" business as a manager.
Yep - covered that one too 🙂czcams.com/video/pAy33kpjhiY/video.html Thanks for the comment!
One thing is for sure I have never seen a Chick-fil-A that didn’t have a ton of cars in the drive-through
Cars full of fat diabetic people who shouldn't be eating that deep fried garbage.
@Nathaniel Goglia I see 'em.
@@stevenmadrid9350 I'm 6'5" 195 lbs and I drive through there every week.
@@xJayhawkFANx right! I’m 25 y/o 6’2 195 lbs in the best shape and health of my life and eat chick fil a at least once every two weeks lol 🤷🏾♂️ workout and eat healthy, then; do what you want
@@xJayhawkFANx Keep eating that crap, see what happens.
I had a client that owns a franchise and his "gross income" was 30k/month.
I did his loan. He purchased a 1.5M home. Had no idea it was only 10k to open one. 😳
It’s extremely hard to get it. Not just 10k
@@theAppleWizz probably was easier when it started out.
What was the net income?
It's not just 10K. Many of those owners also worked at Chick-fil-A for about 10 years before they were able to run their own store. I've been to their headquarters, they don't just accept anyone and they don't need the money. $10K is one day breakfast for one location.
@@sirkid8553 he worked for over 30 years there so obviously I knew that.
There might be an economical turmoil but there is no doubt that this is still the best time to invest.
Best time to invest? thats funny tho because in the last four months I have lost more than $47,900 in stock market which is the biggest I have loss since I ventured into stock investment.
you could be right or wrong depends on your expertise, I once made such loss when i invested thinking i have gathered enough trading skills from youtube videos but now its a different ball game for me because I was lucky to have met "Tamara Diane Hagan", a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions.
Really? people are cashing in from the stock market and frankly speaking its comforting seeing someone admit to the fact that they actually seek help from professionals. please how can i reach Tamara ?
search her name on the internet to reach her
thanks for the info . Found her website and it really impressive
My daughter worked at Chick-fil-A for 2 years. Even though it was extremely busy all the time, she loved working there. She said that the working atmosphere was great and that everyone worked as a team. She said that she also heard from friends who worked at other locations that they had the same working experience. My personal favorite is their breakfast sandwich!😊
I have never had bad customer service at Chick fil a, I think thats why they prefer hiring young people. Young ppl are less likely to talk back at customers vrs older ppl.
pay $10k once to earn the average of $225k a year - sounds smarter than the $100k+ plus for college many are choosing, especially when they then take jobs earning $40-50k a year.
Can't tell that to them edjumacated types. After all, theyz edjumacated and everyone else is dummiez..
It's not a 40 hour week job, closer to 60 but you do get Sunday off and usually your whole family's working on the store.
Maybe some people...don't want to run a restaurant? Life isn't about the money you make, it's about enjoying what you do. I'd much rather go to college and earn $50k/year doing something I really enjoy than making $400k doing something I don't want to do. You can't think about these things through such a dichotomous lens, there's context and nuance behind every decision.
@@nickbyrd1027 lame
@@nickbyrd1027 - no one is forcing people to be franchise owners or go to college. one path is quicker to offering pure flexibility to do what one wants to do - the franchise route.
My wife made 305k first year even with COVID. She owns a nail salon, only invested 70k to get it open.
Lie
i made $10000000000 on my first year owning a nail salon because we gave free happy endings.
BS.
About 20-30 thousand people apply each year to get into the program to "Owner Operate" a CFA. Around 60 people get a restaurant each year. While in the program, if you don't get a store in 2 years, you have to reapply for the program, normally meaning you won't get a store. You also have to have to have a current Owner Operator as a reference when you apply for the program. Lastly, you more than likely won't get a new store. Your first store will be in a mall somewhere, and you better take the one they offer. Then you can bid around to get in another store that is new or where an Owner Operator is retiring. I started this process and realized I did not want all of that mess since I was a little older, married and starting a family.
Screw that
Thank you! I’m huge on Customer Service. The only franchise I’d be interested in is Chick-fil-A. Otherwise, in 2022 and social media you can really open up your own restaurant.
Pppp
For everyone complaining about paying about paying $10,000 to be a store manager, tell me about a business that doesn’t cost anything to start and a GM that makes $250k a year 🤷🏾♂️
Exactly it sounds like an amazing opportunity
294000 to 2.4 million out of pocket to start.
@funkmonster did you not pay attention or comes out of your gross pay each month
The only people are complaining are those stuck on the sidelines, trying to cope with their own failures
A Chic-fil-A franchise is nearing impossible to obtain . I went to a 3 hour meeting 2 states over and there were over 100 people and only one franchise available . Expect to write a lengthy dissertation describing your ethics , values and morality .
It’s likely a bit easier to transition from a manager to franchisee.
@@mikecaldwell8014 yeah because they want the owners to be the managers.. They probably prioritize high performing managers over outsiders
Ethics and morality huh. Isn't this the same company that bought thousands of stolen artifacts from Iraq off the black market and had to return them? Or was that Hobby Lobby.
Just chickin. I meant checkin
Exactly it's impossible
Sheeesh 😅😅😅
I ran a Chick-fil-A for years and worked in corporate as well, and all political stuff aside... Chick-fil-A is great with their branding! Their service and the quality of their food is ALMOST always consistent. That's what brings people back over and over! When you go to Chik-fil-A, you know what to expect, and you can count on it.
True! They arent the top earning per unit food brand for no reason :-) Thanks for the comment.
@@FranchiseCityOnline You're welcome!
What’s that got to do with owning a store. That sounded more like why I should go there for lunch today.
@@DarrellEssexdoubleteam 👏👏👏👏👏👏👏👏. Something I would say. 🏅
THE CATCH IS you have to make it to the end of the interview process. My husband got into 3 interviews then it was over. Dang, we would have loved it!
what do you think did him in?
I made it to the second interview. First time I didn’t even get an email. Didn’t try again.
This explains why the service is so much better at Chick-fil-a 💁🏾♀️
Very true! Excellent business model.
@Censored Bywomenblacksandgays hell yeah!
@Censored Bywomenblacksandgays yeah he wrote a book that basically says to mold young men not hire and change older people. That's not verbatim at all.
@Censored Bywomenblacksandgays chick fil a’s by my house are all black with a 100% rating
@@DejonCooks yeah there's nothing stopping any other race/gender from being good managers. Most of mine aren't white males but they probably do all have family units they grew up with
The catch is, your basically a highly paid manager. You will never own the franchise. You can’t be an absentee owner, so your required to work the day to day.. and you also can’t own any other businesses..
I’ll pass.
License is better than a franchise. Franchises just make you pay to work in their business
@@Pernection but isn't that what working from home is too?
Like this whole work from home thing made companies realize
"Hey we don't have to waste all that money on office supplies like printer paper, glue, and stamps....."
And with that Im out.
I want something that makes me money while I’m away not a job at a fast food place.
@@jackalenterprisesofohio Do you mean as an employee working from home? Do you have pay the company to do that?
@@Pernection I don't think you have to pay the company to work from home.
I'm just saying
Since people will work from home they *have* to buy their own office suppies since they don't work in an office no more.
The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally
You're right ma, thanks for introducing me to expert Bambi Alex of financial education
The only possible way to earn huge amount in Forex is when trading with an experienced broker
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Most people don't invest due to ignorance
There are scammers but real brokers are out there for investors
Out of all of the hourly jobs I worked, chick-fil-a was by fast the best. Our owner and his managerial staff was the only boss I’ve had that I could say was a total stand-up guy. Took the entire staff to holiday dinner at a great steakhouse and didn’t have a cap on how much you could get on break, when I think most locations made you pay for anything over 4 or 5 bucks. The company wrote me a check for a little over 2k for the community college I was going to at that time after working there a few years. Damn, now I want CFA… and it’s Sunday.
It makes sense they want former Chick-fil-A employees as franchisees. They understand the values and obviously were a great culture fit. This would scare off most investors but they want ppl who are committed to it.
First class food
First class service
The best drive thru experience
What’s not to like?
Christians .
@@chromephugboithe3rd481 That makes it even better!
@@chromephugboithe3rd481 I’m not religious but man that’s fucked up
The long lines
@@user-pn3im5sm7k no it definitely makes it worse when a restaurant shoves their religion down your throat. if chick fil a was muslim you wouldn't be saying that.
You’re paying $10,000 to be a store manager.
Nah Fr, you need way more money than that and you have no say so where the location is going to be..
And you can’t even have multiple you have to manage that one and can’t have no outside business
you are exactly right. lololol
At least they let you take Sundays off
Exactly pure slavery
i believe that is why chil fil a is so successful, they have fiercely loyal costumers.
It's actually the crack that they sprinkle on the chicken. 😏
@@jartran ROFL; Chicken sandwiches so good; McDonald's stole it! Their new crispy chicken sandwich is so similar, I'm surprised they haven't been sued yet!
@John Conner I guess that's why my neck has been itching.
@@foobarmaximus3506 Weird; For a company that "sucks", they sure do a lot of business...Enough so, they can even close on Sunday's, and turn a healthy profit...What other fast food chain can boast the same?
Amazing to me how many folks here acting like 250k per year isn't a salary that most people dream of. God forbid it require you go to work regularly.
What a mindset.
A true business owner like myself isn’t interested in buying themselves a job. I own several businesses and I have complete control over my time, life and businesses. Also, I can pass my businesses down to my grandkids or sell them and keep all the profits.
trading all your time for money?? is that your mindset?? cant imagine believing thats the right way to live..
Lmao right
Chik fil A held fast to their Christian beliefs about marriage , so that’s why Chick fil A gets the push back that other franchises don’t get. In Atlanta alone we’ll support Chick fil A. Truett Cathy sponsored every school I went to growing up. Showing up for the community when it matters, matters.
Yeah but hating someone because they love the same gender is dumb lol
I mean it's just a belief in what marriage is. Everyone is entitled to their opinion. There are plenty of LGBTQ people who have been in high leadership in many chick fil a. They treat everyone with utmost respect. Way more than what you can say about most restaurants.
I love Chik Fil A and I respect them for not buckling down under the vocal radical minority
Most of us still love Chik Fil A which is why it's so wildly successful. Mad lefties can stay mad and act righteous. The rest of us will eat
@@Bbronson no one hates you because they don’t agree with you….
@@Bbronson I know it's hard to understand but it's ok for people to think poop is gross. If you don't, nobody cares unless you try to make it your entire persona. Then it's like "We get it you like poop and are proud of it.".
You are the best franchise consultant, because of you I bought a franchise into janitorial services field, thanks for your advice 🙏
Thanks for the comment and best of luck on your business! I am sad you didnt call us though, just to make sure the business is a good one :-) www.franchise.city/our-services
I’m looking to buy in next year ! Which one did you buy into ?
@@FranchiseCityOnline gffgtyyygghhhhhhhhhhhhhhhhhhhfhhhhhhh d
when ever I hear franchise I only think about food service. Never thought about other stuff.
Were you in that business before you bought in? Or is it all new to you?
@@numbersisthename5772 I want to know as well, I am going into Jan pro. I had to sign a document saying that I’ll think about it for two weeks. It’s by law that they do this I guess.
I've owned a business for decades , rule 1, Run your own business , you need to manage it yourself . I am always closed on Sunday too
You’re really not even buying a franchise you’re really just buying a general manager job for $10,000
Thts the same thing I was thinking.
With profit sharing.
If you make enough you can hire someone to run it for you .
This is now, and will remain, the best comment on here that most will skim over.
@@malik5835 *IF
“What’s the catch?”
Me: Closes on Sunday 😂
Steak-N-Shake has a similar deal except they split the profit 50/50.
czcams.com/video/pAy33kpjhiY/video.html
Chik fil a takes almost 50% of profit
Where has this channel been all my life? I like how thorough, but brief your videos are. You stick to the the facts and provide so much value. Thank you ❤️
Thanks for the kind words :-)
WE ALREADT KNOW THAT YOU HAVE A HIGHER CHANCE OF GETTING STRUCK BY LIGHTNING THAN STARTING A CHICK-FIL-A FRANCHISE
Lol 😂
🤣
Really???? 😳😳 wow I was really excited. I was preparing to sell my car to get the money!
why i dont get it you have to sell ur soul to the devil to join the elites or what
Saw on tv a guy got struck by lightning twice within minutes.
The owner at my store does diddly squat and both of his stores are 10 million dollar stores. It's all about the staff you hire.
True, I am a moron and I hire well. Thanks kid
Same here she's nice though.
How does he have two stores? I read they limit you to one only these days.
@@robertrushing627
Lol
You save me from a mess franchise, not chicken fill A but another. I am glad that you are here.
Thank you for watching!
Could I ask you which one you are referring to?
@@manthemanmantheman6611 Amazon for starters and some other ones
I ventured into creating a new income source some months back and decided to try something else, what I have found most profitable so far is Options trading and forex because with these two I make close to $ 7k monthly it's great and I'm still trying out other sources.
Great, this is something I can get by with but then how were you able to start it and with how much
Purchasing an outlet is not really that easy as there are many restrictions to it, I am still trying but then I don't mind investing some money too into this trading but I have no knowledge prior
@@Noah-pj6tc I don't trade myself, I do this through my broker / IA Mr Benjamin ravies if you want he could help you too
Benjamin ravies(a)Gmai
Lcom... he takes commissions
I also actively trade options and it's been a splendor honestly
People can say what they want about Chick-fil-A but the food is damn good for a QSR. The employees always seem happy. I've never seen a dirty location and they're always busy.
I appreciate you being 100 % transparent I will be reaching out for one of your coaches.
Thanks for watching!
Chick -fil-a got the best customers service. The employees always seem very nice. So I’m sure they getting paid well
That’s why they maintain control to protect the reputation
Their employees also hate it there though. I have hired and seen many of their employees complain about how strict they are and how they are NEVER allowed to have a bad day. The felt like there were playing a role and wearing a mask..
Yeah, you don't need to carry a chick-fil-a very long to see profitability.
Chick-fil-A is my favorite fast food place. Every one I’ve visited was clean, the food was great and the employees are helpful and super-friendly. Unfortunately I CANNOT say the same for McDonalds. 🙄
The catch is you don't choose your location. You become a 60 HR a week employee for a fixed salary and you don't get profit. You don't own it. And you can't sell it. There I can skip video now and you can too
Actually, Chic Fil A never had an Anti LGBTQ stance. They said they promote Traditional Family Values. The mainstream news twisted the story. LGBTQ people protested outside their stores, but it actually increased sales in Chic Fil A.
That is their official policy. Most of the backlash was from them giving to anti gay groups, which they stated they would no longer do.
"In meetings the company executives clarified that they will no longer give to anti-gay organizations, such as Focus on the Family and the National Organization for Marriage."
Company statement: "We have no agenda, policy or position against anyone. We have a 65-year history of providing hospitality for all people and, as a dedicated family business, serving and valuing everyone regardless of their beliefs or opinions," he said in a general press statement emailed to BuzzFeed by another Chick-fil-A spokesman, Jerry Johnston, who said the company's press statement is not new. "The genuine, historical intent of our WinShape Foundation and corporate giving has been to support youth, family and educational programs."
@@FranchiseCityOnline shocking. I'm this world we live in, right is wrong and wrong is right.
Foul is fair and fair is foul. So say the transgender witches in MacBeth
I saw a Chick-Fil-A in Belview Washington that had a line wrapped around the street from start to finish. There was also a pedestrian line out the door for most the day. I would find it hard to believe that's not one of the top locations.
The reason I know is I stayed at the hotel for a few days with the window facing it. Everytime I look out the window I was in awe of it.
I see the same at the salt lake city store
It’s like that everywhere. Every chic fil a I’ve seen in Pittsburgh is packed and fast. Amazing
I've been to that location and it's true. They even have cops come and direct traffic at times. Most all chick FA are awesome. Only came across one bad one, it was off highway 99 north of Seattle. Aurora area. Shifty service and they refused to customize my order. I filed a complaint and said I won't be back.
Same. I moved to GA and COULD NOT BELIEVE THE CRAZE😳😳
Having to work in the store would be a no go for me.
CFA is not a franchise.
Every single store is corporate owned.
I built a few CFA’s and that is the fact!
Their franchise disclosure document is publicly available to verify they are indeed a franchise and sold as such. That said - the physical premises are not owned by the franchisee.
I wonder how much they make a year off all the application fees from applicants they deny.
Interesting most people don’t understand the market moves and tend to be mislead in facts like this and depend on money in the bank . A very bad idea
Investments are the stepping stones to success, Investing is what creates wealth.
It's important to have different sources of income
Recently, I invested in both stock and crypto but currently I believe crypto is doing more better!!
I don’t think that there is another legitimate way to earn money nowadays rather than investing.
online stock market is very difficult and unpredictable. I rather invest my money in crypto.
Chick Fil A only works because it's not at every corner. If every schlub with 10k opened one, then it would be a different story.
Sounds like a headache to be a fast food manager
Chic fil a is not that easy to get into. They only accept a small amount of new store owners a year
An average person can't get a CFA franchise. They take thousands of apps a year for "ownership" and they only select a few. 99.9% of the time it is employees who want to grow up owning a franchise. I know a few of them. CFA owns the building and the land and they select the location. You have no control. You are basically their store manager with the benefit being a career job if that's what you want and a good salary. If you want a better option, get a UPS store. It was around $100k. No advertising, no nothing. Just open the doors and people will come flooding in because they have to have UPS.
Buying a franchise to be an employee I prefer to sell popcorn on the weekends 🤔
The return is great tho. Why care about the label
You're not really buying it. You're just contributing to the upfront cost.
You rent the equipment
You pay 15% of your earnings back to chick fil a
My boyfriend friend owns a chic fil a & is in the process to open another location
Line is out the door every single day…except Sunday
The only thing is they want you there working . The reason we’ve only been leery.
Because the owner actually cares about his business
god so many chick fil a workers in these comments lol
This is just a glorified mgmt position. No %'s, profit sharing, etc. Imagine if you were interviewing for a job and the salary is 100k but they want you to pay them 10k to qualify for the job. what would you say?
Exactly how do they monitor the owners oversight efforts? I’m sure when a staff becomes efficient, owners dial down their presence substantially.
Indeed… that’s the efficient thing to do.
When I worked at one the owner was there every morning filling in catering orders and doing deliveries, very few times he was not there in doing the first shift.
As an employee for Chick-fil-A our owner is there at the store maybe 30 to 40% (rough estimate) of days. Keep in mind though that our owner is actually a rare operator of TWO franchises, so she really is probably in store a good 70% of days. (Not 24 hr days but comes in for some amount of time.) I really don't know if they ever do step back like you suggest, could be but not ours I guess.
@@JDG_4319 No shit it's with a smile 😂 he's getting ~$20k/month to do a $15.00/HR job
@@mikemac1180 Boom!!!!!
Chick-Fil-A and Popeye's chicken are gold mines around me. Cars are waiting around the building and the street = 25-50 vehicle back-ups. Chic-Fil-A is pretty smart since they have 2-4 drive thru order areas.
-If you do want to become a GM for one of these -I would prepare myself. Not for everybody.
Anytime you come out with a new chicken sandwich or product there are going to be "the hater." -Cater to your customers and not your haters.
The lords chicken will not be spoken of in vain!!! 😂😂😭
Amen!
😂😂😂😂🤣🤣 the lords chicken 💀
As long as you recognize it is the lord's chicken.
😂😂😂😂😂
I see a chad 👀
So which franchise is it that you do not have to work? Most franchise owners will work FULL TIME at their franchise. I owned two McDonalds franchises. Made about 45k a year (each store) take home. Worked crazy hours and you don't really own anything. Sold those franchises and opened a car dealership. Sold that 3 years later! Research, research, research! Find something you like to do and put your time and $$ into that! Very hard to get ahead with the franchise model!
In answer to your question there are several 100% passive franchise models, and even more semi-passive that require 10 hours or less per week. Instead of spending countless hours of self research just call us! www.franchise.city/our-services Thanks for the comment. We actually covered McDonalds in a previous video and their active participation requirement.
It is absolutely absurd to consider supporting traditional marriage as anti LGBT+. But since the media says it is, it must be true.
Guess the libtard comment is pretty valid
I like you did not get offended by the insult, that is a true leader.
Sounds like a lottery system type of business and not guaranteed you'll be selected.
No different than any job is it. You apply with the other 1000+ applicants and have no guarantee you'll be picked for the job do you?
If you were guaranteed to be selected, everybody would be doing it.
Pretty sure the one down the street from me will make more than 17 mill this year. Double line drive threw back through the parking lot around other businesses all day, every day. God has blessed this chain for standing for something
Amen
Chicfila's selection process is super strange.
Super bias
It’s a club. And we ain’t in it !
You can not just buy a chic filet or buy a part of it . Period. No matter how much money you have. They pick you. No matter how much money you have
The catch is they own the equipment, store, merchandise, hours, everything that is done is under there control. You also are not allowed to own any other business or company and they also take a extremely HUGE percentage of your profits.
Oh man 250k for going in a few hours a week, so horrid
Well he didnt say u are not allowed to own other businesses... u can, as long as the other business isnt in direct competition (or something to that effect.)
@@claytonjohnson4629 5:29 Did you not hear the part where you have to pay for everything else too, which could cost up to $3 Million?
>>and they also take a extremely HUGE percentage of your profits.>>
Because they have those good Christian morals!
@David Wang Watch the video again. 10k is only the franchise fee not the total investment required to get the business running.
This video made me extremely hungry. Every time you say chick-fil-a my mouth would water.
Chick-fil-A is pure fried garbage. Salt content is too high, bad fat content toxic.
@@stevenmadrid9350 is someone hungry wungry?
@@Vasilyevich05 Time to load up on some of that greasy ass salty ass chicken fila crap.
I had never seen your franchise channel before. Very well done description (Chick-fil-A) in this case, and excellent work laying out the pros and cons of starting a Chick-fil-A franchise. Keep them coming.
As for the vitriol and insane comments that's the dark side of the court of public opinions that lives on the internet. Chick-fil-A has endorsed strong Christian values which has put them at odds with the LGBTQ community and everyone has an opinion.
Trust me just don't go down that rabbit hole of anger and keep making great reviews.
Thank you for the positive words! :-)
I am praying that chick-fill-A will select my wife for their franchise.
@David Wang exactly 🤦🏻♂️
Hahaha
Most people venture into crypto to be a millionaire, meanwhile, I just want to be debt free
That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich
You don't make money on forex or crypto by holding your coins rather you trade to make gain.
@@christianajoe8563 When you invest in crypto you are buying a day you don't need to work.
@luke ben Crypto is the future, investing in it will be the wisest thing to do especially with the current rise....
Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..
Listen I don’t care how much in control they are as long as I’m making 30k to 40k a month in my pocket, you know how much people I can help especially at the church that I attend.
Robert these people have small business minds they are very close minded thanks for your info you put out over the years it inspired mi to invest in a franchise very soon👍👍👍
Thanks for watching! If you are in the USA and need any help researching give s a call :-) www.franchise.city/our-services
Honestly you have better chances of just starting a chicken sandwich store and focusing on making a great product than getting selected by chic fil a
True but it would take a lot more start up money.
And no brand name to back you up. No advertisements or marketing needed . The masses will come
If you operate a chick fil a, you gotta be ALL in on it. You have an easier time getting into Harvard then you do getting selected to operate a chick fil a.
They check out the prospects like they were getting a top secret security clearance. The operators must be squeaky clean
This is very true - I applied twice and was denied twice.
@@timothykeith1367 Well - I actually held a TS/SCI clearance for 25 years in the military. So if based on that - I would've been selected easily. Don't know why I wasn't selected - but I feel it was the religious piece; I'm religious but I don't belong to a church and they are big on that and church involvement. I just choose not too - it's all good. My business now is thriving and I have more freedom.
@@taharqa332 damn, did they say why? Or have to applied to another QSR?
@@taharqa332 what was the reasons u got denied???
You didn't mention that you have to be Christian to buy a franchise. That's why they close On Sundays as well.
We mentioned that in the first video - one of the reasons we got roasted :-) czcams.com/video/uwHqezAD4fA/video.html . There is actually no formal policy in that regard as that would be discriminatory. Thanks for the comment!
No you don’t
Well that was an idiotic comment…
@@FranchiseCityOnline
You don’t have to be A Christian you just have to be able to meet proper standards
@@FranchiseCityOnline and you can’t play stupid and wonder why you got roasted. You say certain things on purpose and people don’t appreciate it
🌈 I DON'T KNOW WHO NEEDS TO HEAR THIS, YOU'VE TO STOP SAVING MONEY, INVEST SOME PARTS OF IT IN CRYPTO, IF YOU REALLY WANT FINANCIAL FREEDOM. 💯💯
Chickfila is basically the apple of restaurants
Like In-N-Out in that they keep the menu simple. They focus on doing a few things well.
@@timothykeith1367 in out is trash mate.
@@okccitizen4400 WaWa gas station makes a better burger than In-N-Out... Not joking
Sounds like a no risk win-win for the Chick-Fil-A corporation and all the investment risk falls on the franchise owner to sink or swim. And after attaining profitability, you are “rewarded” with a small pittance of your own financial risk! 👎
Chik Fil A is truly fast and still accurate with the orders.
Nasty salty chicken.
Idk about accuracy
@@MWAclanGaming Sorry to hear that. All of the Orlando, FL locations have a reputation for speed and accuracy.
@@jamesd493 daawg you definitely own a chick fil a wtf xD
@@stevenmadrid9350 What? Mine is always crispy and good.
I knew a person who was selected to go through the process along with several hundred other prospects, he didn't get in! You stand a better chance of hitting the lottery LOL
💯💯💯💯💯
Actually that's not true... your math is way off bud!
This isn't a franchise... you're basically a glorified store manager. Chick-fil-A owns the building and brand.
So their franchise model is:
ChickFilA: “Pay us 10k and you can be the manager at one of our locations, oops did I say manager? I meant franchise owner”
don’t forget to have the 1 + million dollars in net worth & $500,000 in liquid assets.
I'm currently looking into opening a Chipotle! I'd love to see a video about them from you. I really value your insight
Chipolte is 100% "company owned". No franchises.
@Poobah yes unfortunately I found this out haha. Still looking into this business though. :)
The catch is that you're not really a franchisee (in practice), you're a glorified Above-Unit Manager (and ultimately an just an employee), but you had to pay to be one. In abstract, there's nothing wrong with it. It's all the illusions that come with the idea of being a franchisee, when in reality you're just another drone.
You don't even get to pick where your store is going to be.
Do you really only pay 10k to start though? There must be hidden fees like AT&T. Or are you saying you give them 10k and immediately start running a chik fila?
Yes is it truly 10k? I own a biz and from hearing this I clearly did everything the hard way 😂
5:50 .... buuuttt, listen through to 6:35
You also have to work there for 10 years to even qualify.
I live in Puerto Rico we don't have any Chick-fil-A's yet. But they're building one not too far from my house. I can't wait to try it. Most of my kin back home tell me it's delicious
This isn’t 1892 or some tribe on a island bro we don’t say kin anymore.
Actually 10,000 is only the application fee. If it's denied you lose that 10,000 and have to reapply. And yes its another 10,000 fee.
I have 70k looks like I have 7 tries
@@musicpro7278
I hope you get approved on the first try my friend..
@@antuandunte1238 I wouldn't actually apply lol not worth it
WRONG!!! You only pay the fee if you're selected. I applied twice and went through the entire process on the second try (but wasn't selected); Meaning I made it to the interview phase and didn't lose a dime.
Exactly, and then the $1,000,000 - $2,000,000 to build the physical location
Gives an honest review of Chick fill A. Gets attacked by Christian fanatics. Love it 🤣
Some of the information is correct. My son owns the Brooklyn store and it's a bit more complicated than what you presented...
Elaborate please, I'm interested!
No he doesn't
@@jsp2568 its not just throw 10k at it and it works. You only have the rights to use the namesake. If a machine breaks, the OWNER PAYS out of his/her monthly gross. Property taxes, OWNER PAYS. If you look at a franchise business more like a real estate business, you'll be better prepared! Its not about the business, its about the real estate, thats the real franchise!
What’s really sad is the fact that you couldn’t verbalize the statement “Christian hating” and had to replace it with the word “country” as you left out hating. CZcams sucks for this.
Kindve messed up how the let people apply to become a owner (glorified manager) but make you pay the lease on the property they have ownership of
My owner is not a glorified manager. Don't let this guy lie to you.
@David Wang I’m not business smart or anything ive never owned a business but I’m confused as to why you pay initially for everything to open even if it does come out of the stores revenues aren’t you still paying for it one way or another while at the same time not gaining a single share of equity in the company better yet the building the business is ran out of? I’m sure theres an explanation one way or another I just don’t see it from the outside looking in
10000$ is just the fee to fill chick fila. It still takes a lot of money to open a restaurant like any other
You're better off starting your own fast food franchise from scratch. 🤣
You won't have a mile long line to get in like .... ever. That happens from day 1 with a Chic-fil-a.
@@Deploracle Starting your own deal is long term generational wealth, ChickFilA is short term, short money
@@quadmsolutions4723 True .. but Chic-fil-a is guaranteed profit where 9 out of 10 self-started restaurants fail.
That is what the Truett Cathy did when he opened the first store, called the Dwarf House, as it was very small. He never had any big goals. Like many owners of successful restaurant chains Truett Cathy had a youth of poverty.
Looks like I won't be opening a Chick-fil-A ..I'm already a small business owner and base on this, (no equity) my growth potential is better than opening a Chick-fil-A, but I wanted to create another revenue stream, like opening a franchise but not giving up on my current revenue to basically become a glorified store manager
Chick-fil-a is the bees knees
Chick fil a is always slammed.They all work like a well oiled machine.Usually not fucking up your order and the employees actually seem too care.
wow, the description actually explains what I want to know without having to watch the video? thats a first
$10k plus " The actual estimate taken from the Chick-Fil-A disclosure documents it will cost between $295,412 to $2,431,608 to open your Chick-Fil-A "
Wow this is awesome and attainable! I would gladly give of my time to open up my own Chik fil a! 🙏
What they stand for is an the added bonus for me! 🙏❤️🇺🇸😊
100%
@@calderonjd30 Their success speaks volumes in more ways than one! 🙏❤️🇺🇸💎😊
There is no greater hate than Christian love
They are racist, sexist, and they are horrible just like hobby lobby. Aweful company.
How is this even considered a franchise? You're basically paying $10k to be the GM of a corporate owned store with incentive based pay...
The way you explain it, a "franchisee" for "Chjic-Fil-A" is not a franchisee at all. The franchisee pays $ 10,000.00 to become an employee of "Chic-Fil-A". You also said that the franchisee is paid a % of the gross sales. That makes the franchisee a salesman. A salesman on commission usually gets 10% to 15% of his sales.
JMA
Arent supposed to tell the general public the 1% secret