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Chick-Fil-A Evan Biscoe, LouElla Smith, Darren, Matt K.

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Presentation on theme: "Chick-Fil-A Evan Biscoe, LouElla Smith, Darren, Matt K."— Presentation transcript:

1 Chick-Fil-A Evan Biscoe, LouElla Smith, Darren, Matt K.

2 Description An American Fast food Chain. Founded in 1946 Headquarters in Atlanta, Georgia They specialize in chicken sandwich's Don’t sell any sort of beef/pork products

3 History 1964-Truett Cathy Invents the Original Chicken Sandwich 1967- First Chick-fil-A® in-mall Restaurant, featuring the signature Chick-fil-A Chicken Sandwich, opens in Atlanta's Greenbrier Mall 1973-Team Member Scholarship Program. Truett Cathy establishes the Team Member Scholarship program to encourage Chick-fil-A Restaurant employees to further their education 1982- Chick-fil-A introduces Chick-fil-A Nuggets 1985- First full-service Chick-fil-A Dwarf House® opens in Jonesboro, GA 1993- 500th Chick-fil-A Restaurant opens 2011-$4 Billion

4 Locations 1,904 Chick-Fil-A franchises In 42 States Excluding Maine, Nevada, Oregon, Montana, N. Dakota, S. Dakota, Vermont, and, Massachusetts Only in the USA

5 Assistance Materials are rented the franchise for 15% of sales plus 50% of pretax profit remaining

6 Financial Requirements Cost of purchasing a franchise as of now is $10,000. High monthly costs and low monthly costs $5,000 must be liquid capital Chick-fil-a pays for land, construction and equipment

7 Net Worth Requirements There are no net worth buyer requirements to own a Chick-fil-a franchise.

8 Buying a Franchise Liquid Capital Required$10,000 (was $5,000) Net Worth Required$0 Investment$280,725 - $814,650 Franchise Fee$5,000 Units of Operating1850 Founded1964 Franchising Since1967

9 Franchise Fees The fees paid $10,000 as of 2015 In the past it was only $5,000


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