Chicken Restaurant Chains
Find franchise opportunities with chicken chainsChicken restaurant chains are located in cities all over the country. Their menus offer a variety of home-type cooked meals including fried chicken, rotisserie chicken and salads. People like them because they can get a home cooked meal for a reasonable price without having to cook it themselves.
Cash in on chicken restaurant chains by opening your own in your city. Large conglomerates own these chains and franchise them out, so get the scoop on start up costs and other regulations. Decide if you will run it yourself or hire a management team. Look for the following when deciding on franchise terms for chicken restaurants:
1. Choose chicken franchises and serve healthier meals.
2. Decipher start up cost, initial investment and net worth requirements for fried chicken restaurants.
3. Determine other requirements to see if chicken restaurant franchise is right for you.
Check availability and pricing for local chicken chain restaurants
Ask the chicken restaurant franchise about initial investmentInitial investments for restaurant chains is usually high however, some cost less than others cost. Before you decide, find out exactly what monetary commitments you will need to make upfront. Remember also, that the initial investment for the franchise fee only covers the franchise itself and you will still need working capital for such expenses as electricity, phone and payroll.
Popeyes franchises require a net worth of $500,000 with $250,000 liquid to purchase their franchise. Kentucky Fried Chicken requires at least $360,000 in liquid assets however; if you are partnering with someone, you need that amount between the partners.
Open chain chicken restaurants for immediate businessWhen you open a chain store, you are cashing in on the name of the franchise. People know that whether your store is in Maine or California they will get the same menu and service and they stop at a familiar place. This is why you buy a franchise but the down side is there are tight regulations on franchises. You will get your operating schedule, menu and décor from the company. If you fail to meet your obligations, which usually include buying all of your supplies from them, you will lose your franchise.
Food Franchise provides franchises available in every state. You can also check franchise availability based on total price. Make sure to check all requirements for that franchise before making your final decision. Franchise Advantage lists all restaurant chains available at the current time. Click on the restaurant of your choice and then check requirements before making your decision.
- Obtaining financing to start your chicken restaurant business can be a difficult process since many financial institutions consider restaurant franchises high-risk. Improve your loan chances by putting down as much upfront cash as possible. When the bank sees you taking part of the risk, they will give your loan application closer scrutiny.
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