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GOLDEN CHICK is a fast-food chicken restaurant, offering indoor dining, drive-thru, carry-out and delivery service. GC's menu consists of fresh, golden fried chicken, roasted chicken, golden tenders, fried catfish, fresh-baked yeast rolls,country-style biscuits, gravy, french fries, coleslaw, mashed potatoes, corn on the cob, green beans, mac & cheese, sandwiches and fountain soft drinks.
Franchisor Background
Year Established: 1967Franchising Since: 1972
Operating Units: Franchised Units: 80 90.9% Company-Owned Units: 8 9.1% ______ _____ Total Operating Units: 88 100% Geographic Distribution: U.S.: 88 100% In 2 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 88 100% North America: States/Provinces with the largest number of operating units: Density Units 1. Texas 84 2. Oklahoma 3
Registered in Following Registration States: Financial Requirements
Investment: Minimum Net Worth: $100K Cash Investment: $50-200K Total Investment: $650K-1.2MM Average Total Investment: $925K Fees: Initial Franchise Fee: $20K Average Franchise Fee: $20K On-Going Royalty: 4% Average Royalty: 4% Advertising Fee: 1%
Average Number of Employees: 15 Full-time, 0 Part-timeSpace Needs (in square footage): 1,800Preferred Sites: Free-standing BuildingOther Sites: Encourage Conversions? YesEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: No Canadian Franchise Association: No Franchisee Association/Member: No Size of Corporate Staff: 12 Site Selection Assistance? Yes Lease Negotiation Assistance? No Financial Assistance? No Marketing Support: Co-Op Advertising: No National Advertising: No Regional Advertising: No Local Advertising: No Marketing Materials: None Specified Additional Services: None Specified Other Marketing Support: None Specified On-Going Support: Central Data Processing: At Additional Cost Central Purchasing: Included in Fees Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: Included in Fees Franchisee Newsletter: Included in Fees Regional or National Meetings: Included in Fees 800 Telephone Hotline: Not Applicable Training: 1. Dallas, TX 6 Weeks
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 4 General Business Experience: 4 Specific Industry Experience: 5 Formal Education: 2 Psychological Profile: 2 Personal Interview(s): 5
Minority Representation
Units Owned by Minorities: African-American: N/A Asian-American: N/A Hispanic: N/A Native American: N/A Other: N/A Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 20 Year(s) Term of Renewal Period: NA Year(s) Passive Ownership: Not Allowed Area Development Agreements? Yes, for 0 Year(s) Sub-Franchising Contracts? No Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 6
U.S.: Yes, South, Southwest Canada: No Overseas: No
