DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Mark Kalinowski - 1 Chick - 1 McDonald's - 1 Noam Galai - 1 Jay Reed - 1
Top related locs:
Wall Silicon York
Top related orgs:
Service - 1 Business - 1 Taco Bell - 1

Search resuls for: "Jay Reed"


2 mentions found


☆ The average Chick-fil-A franchise makes nearly $8.7 million in sales and has one of the lowest fast-food franchise startup fee — here's how to open one
  + stars: | 2023-08-03 | by ( Hayley Peterson | Dominick Reuter | Nancy Luna | ) www.businessinsider.com   time to read: +7 min
Chick-fil-A 's fee for a new restaurant is $10,000 – one of the lowest of any major fast-food brand. In 2022, most locations average nearly $8.7 million in sales per year, up from $8.1 million a year ago, according to the chain's 2023 Franchise Disclosure Document. McDonald's, for example, requires potential franchisees to pay from $1.5 million and $2.5 million in startup costs — including a $45,000 franchise fee, according to the chain's 2023 FDD. Total costs to launch a franchised Chick-fil-A restaurant ranges from $518,385 to $2,803,435, according to the 2023 FDD documents. No transfer or sale of a Chick-fil-A business is allowed, not even family inheritance in the event of death or disability.
Persons: Mark Kalinowski, Chick, McDonald's, Noam Galai, Jay Reed Organizations: Service, Business, Taco Bell Locations: Wall, Silicon, York
☆ The average Chick-fil-A franchise exceeds $8 million in sales and has one of the lowest fast-food franchise startup fee — here's how to open one
  + stars: | 2023-01-13 | by ( Hayley Peterson | Dominick Reuter | Alexandra York | ) www.businessinsider.com   time to read: +6 min
Chick-fil-A 's fee for a new restaurant is $10,000 – one of the lowest of any major fast-food brandChick-fil-A restaurants average more than $8 million in sales annually among non-mall locations. By comparison, McDonald's restaurants posted average domestic sales of $4 million in 2021, according to the chain's franchise disclosure report for 2022. McDonald's, for example, requires potential franchisees to pay from $1.4 million and $2.5 million in startup costs — including a $45,000 franchise fee. Total costs to launch a franchised Chick-fil-A restaurant ranges from $219,055 to $2,912,697, according to 2022 FDD documents. While a Chick-fil-A costs less up-front, over time franchisees end up paying a lot more to the company to operate the business.
0 next >>
Total: 2