Chicken Guy! Franchise FDD, Profits, Costs & Fees (2024)
Chicken Guy! is a fast-casual restaurant franchise specializing in all-natural chicken tenders, sandwiches, and salads, complemented by a selection of over 20 signature sauces.
Founded in 2018 by celebrity chef Guy Fieri and restaurateur Robert Earl, the first location opened at Disney Springs in Orlando, Florida.
The company’s headquarters are located in Orlando, Florida. Chicken Guy! began offering franchise opportunities in 2019.
As of 2024, Chicken Guy! operates multiple locations across the United States, including in Los Angeles, Miami, and New York City. The company continues to offer franchising opportunities domestically, aiming to expand its presence across the country.
Initial Investment
How much does it cost to start a Chicken Guy! franchise? It costs on average between $875,000 – $2,690,000 to start a Chicken Guy! franchised restaurant.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property. Indeed, Chicken Guy! offers 2 types of franchises:
Type of Chicken Guy! Location | Initial Investment Range |
---|---|
Chicken Guy! Restaurant | $875,000 – $2,690,000 |
Chicken Guy! Restaurant at a Nontraditional Location | $1,070,000 – $1,985,000 |
We are summarizing below the main costs associated with opening a franchised Chicken Guy! Restaurant. For more information on costs required to start a Chicken Guy! franchise, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure | Amount: In-line, End Cap or Drive Thru |
---|---|
Deposit Fee | $0 – $5,000 |
Initial Franchise Fee | $20,000 |
Application Fee | $30,000 |
Grand Opening Required Spending | $10,000 |
Leasehold Costs and Building and Site Improvements | $400,000 – $1,900,000 |
Furnishings, Fixtures, and Equipment | $225,000 – $350,000 |
Signage | $30,000 – $95,000 |
Point of Sale System | $15,000 – $25,000 |
Technology | $15,000 – $25,000 |
Graphic Items | $30,000 – $60,000 |
Professional Fees | $10,000 – $20,000 |
Initial Manager Training | $15,000 – $25,000 |
Pre-Opening Costs | $25,000 – $50,000 |
Additional Funds – 3 months | $50,000 – $75,000 |
TOTAL ESTIMATED INITIAL INVESTMENT | $875,000 – $2,690,000 |
Chicken Guy! Franchise Disclosure Document
Chicken Guy! Competitors
Frequently Asked Questions
How many Chicken Guy! locations are there?
As of the latest data, Chicken Guy! operates 14 locations across the United States. These include company-owned restaurants in Los Angeles, Miami, and New York City, as well as franchised locations in cities such as Atlantic City, Las Vegas, and Dallas. The company continues to expand its presence through both corporate and franchised establishments.
What is the total investment required to open a Chicken Guy! franchise?
The total investment required to open a Chicken Guy! franchise ranges from $875,000 to $2,690,000.
What are the ongoing fees for a Chicken Guy! franchise?
Operating a Chicken Guy! franchise includes a royalty fee of 6% of gross sales for brand usage and support, and a marketing fee of up to 5% of gross sales for advertising initiatives. These fees help maintain brand standards and support franchise growth.
What are the financial requirements to become a Chicken Guy! franchisee?
To become a Chicken Guy! franchisee, you need a minimum net worth of $1 million and at least $500,000 in liquid assets. These requirements ensure franchisees can support the initial investment and ongoing operational costs.
Who owns Chicken Guy!?
Chicken Guy! is co-owned by celebrity chef Guy Fieri and restaurateur Robert Earl. Established in 2018, the franchise specializes in all-natural chicken tenders accompanied by a wide selection of signature sauces
Disclaimer
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