How much money can you make owning a chick fil a franchise

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Deleting it will make the spam filter more likely to filter you next time you post. However, you do pay large monthly fees to the company and you can't just go start your own. After Chickfila builds a location you can put in an application of why you want to run that Chickfila. There is a line and college degree helps though it would be faster to take the degree and do something else. Chick fil a is privately owned and don't have to answer to shareholders.

how much money can you make owning a chick fil a franchise

They even paid off all their debt in Some store make 5 million easy per year so paying a guy k to run the store is a good tradeoff for corporate. I've worked there for a couple years and was one of the few people to learn every position so they offered me a management position there.

To add on, you have to own your first store for 10 years before you open a second one and your store has to do extremely well every year. The second one and your first have to run really well for another 5 years and then after that you can own three stores. So 15 years then three stores, but that's the maximum. And my operator makes over k easily. He has a very large house, but other than that lives fairly modestly.

Comes up to the store about times a week, pretty involved with church, his family, and likes to have a relationship with all of his workers so he isn't just that guy everyone has to listen to.

Honestly how does one become proficient in managing something like that? I think I know a great place for one, but i've never been the managerial type.

How much does the average Chick-fil-a franchise owner make

From the TIL or whatever it was thread, apparently you do management training for a couple years before you can run one. The TIL was about a franchise owner. Different from a manager.

It mentions that some managers have to go to training retreats, but nothing like the hoops that the franchise owners have to jump through. Haha I'm not even sure I have the answer for that. I just try my best everyday to improve the place and the team there.

how much money can you make owning a chick fil a franchise

That's a ton of management responsibility for just making k per year. I bet those operators are working a lot more than 40 hours per week too. I was a manager there for a few years. Operator didn't do shit ever. It probably depends entirely on the franchise owner how much they put into and therefore, out of their business. I find it unlikely, there is no such thing as easy money.

Being qualified to own a franchise means years of business experience and having decent connections. It's not like any average Joe can just decide to start a Chick-fil-a. Anybody who's ever worked in the food service industry knows a manager puts tons of long hours. Personally, I'd rather have more free time with moderate pay than hardly any free time with with good pay Well, in the context of a franchise owner To all the people planning on franchising and expecting to just sit back and collect profits, you're in for a rude awakening.

I've heard stories of people owning a dozen franchise restaurants. If each took a much work as one they'd be unable to do it. It's like owning any business. You can either run the business yourself or pay someone else to run it for you. People who own a dozen restaurants would on average generate less profit from each individual restaurant because they have to spend more on managers. It is also hard to find a manager that will have even half of the dedication to the business that a owner would.

They may make up for that in expertise that you might lack, though more experienced and qualified managers will cost you more. It comes down to money. People usually only see the end result and not all of the work that was put into it before hand. Ask any of those franchise owners how hard there first few years were and I'll bet they'll tell you they put some very long hours in every week. I'll also bet most of them didn't start with 12 stores.

I feel like it all depends on the type of business, like a gym I feel is a better option. Or am I thinking about that wrong? LOL the operater at my store came in maybe once or twice a MONTH. No, i mean not rewarding hard work or dedication. Also not paying managers a fair amount for the work they do. And not staying to committed to a contract they signed, that requires them to be there at 35 hours a week.

I don't care how much hard work or dedication you have when I can replace you with 50 different people tomorrow. Being nice, saying my pleasure, and clicking the register are easily recreated. So you dont believe in giving people raises? It doesnt matter how dependable, committed, and hardworking they are?

If they work at an unskilled job they deserve to make minimum wage the entire time? I worked as a training director there for three years. Our owner operator only put in about hours a month of time. And he pulled in k easy from his two locations.

He had to work hard in the beginning, but now he has systems and a great management team in place and doesn't have to anymore. He's in his late 30s and living the dream now.

how much money can you make owning a chick fil a franchise

That's pretty similar to how my operator is, except he's been at it for 28 years now. He pops in a couple days each week, has the final say on several things, but two managers primarily run the stores. I have a friend that works in their corporate office in Atlanta and she said the average chick fil a store brings in 3. My wife used to work at Cici's Pizza near Houston. This was like 15 years ago That kind of money goes a long way, especially in TX. I imagine a higher traffic Chic-Fil-A owner makes more than that.

Some indian dude I know his parents own like 5 subways and they're clearing more than a mil a year. My mom's cousin did just that. He's doing really well, but there is a multiple-year waitlist I believe about 5 years is what I remember him saying to open it up.

They do so well because they are EXTREMELY careful about location and the other details. It is nearly impossible to get selected for ownership. They are very selective of the candidates aka. Not Christian, no franchise for you.

You don't really own the store. They pay for almost everything so they can maintain complete control over you. For example, If you open up on Sunday, they will give your franchise to someone else. What I find interesting is that the delivery trucks and support crews parking lot cleaners for instance do work on Sunday for chik fil a. So, they're closed but other people are working for their business indirectly and the Christians don't worry about it.

Have been working with chickfila for over 5 years. Dad is owner and I hope to be one one day as well. Can tell you first hand that the opportunity to own one is lucrative and incredibly hard to get one.

Over a year a apply for a very small amount of new openings a year. Great company and great opportunity though. Had a class with a guy who owns a bunch of fast food joints in southern California, the call offs and hiring process and people quitting will "ruin someones personal life". Yeah, for the hours you would have to put in, and the hoops you have to jump through, that's not enough. Yet another example of people taking advantage of others, in Jesus' name.

I'd be open on sunday, sponsor the Gay Pride parade I believe Chic-fil-A is one of the worst chains to be a franchisee. It's a lot more to franchise. How does this compare with the competition? Also, when you're 1 you earned the right to dictate the rules.

Actually amazingly enough Chick-fil-A is quite cheap. Wait, so they provide the property? Normally that's why franchising requires such a costly upfront investment for the property. It just seems too easy to franchise a Chick-Fil-A.

If that was the case I'd get started opening a franchise today. There must be something else there.

It also is just about impossible to be approved. You typically would need some sort of collateral to get the loan First, the assets are at risk. There is a cost with that.

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Second, my net worth includes loan cost. Finally, there is opportunity cost associated with using this assets for a loan. I cannot sell the assets. I cannot use the assets as collateral for other ventures. Pretending like there is no cost with tying up collateral would be a foolish financial decision. Assets appreciate in Time.

We have an inflationary economy. It's not really a cost if you factor in the return. It's not like you would be doing anything else with the capital, besides investments, anyways. Yes they will build and finance it for you as long as you have collateral and the ability to pay the lease.

You have to go through their 2 year training process too. Pretty much requires you to be the type of person they want or no go. You put up 10k and go to an operator class. But they are extremely selective on who they choose.

If your an outsider you gotta have a successful business or be a higher ceo or something. To be an insider takes years of work and lots of time. But if you make it past the years worth of interviews and succeed, you will do well for yourself.

I'm guessing many people won't understand that in order to run a McDonalds you must pay McDonalds the corporation k a year in franchise fees. What industry or comfortable life situation are you in that lets you turn your nose up at a stable, well paying job? I don't mean the "7 day-a-week, 18 hours a day", I mean the " for twice that". I honestly can't tell if you're trolling or just have completely warped perspective from working on Wall Street. Yes, most people are that hard up. Wall Street is a small bubble where money is tossed around like it's almost meaningless, because the margins are so high that it is worth it--and if it isn't, it's drowned out by the volume of money moved by people with those salaries, all of whom live in areas with incredibly inflated property values since they're working in a city center and around people who move the big dollars.

Hey, if you're cool with their political and religious affiliation then by all means please do it! I like the food and we can always use more American businesses. Just make sure you open in a more conservative neighborhood! Use of this site constitutes acceptance of our User Agreement and Privacy Policy. By signing up, you agree to our Terms and that you have read our Privacy Policy and Content Policy. Log in or sign up in seconds.

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Message the mods We are always happy to help. This is an archived post. You won't be able to vote or comment. I now look like an avocado fucked an older avocado. It needs to be looped. I'm a Chick-fil-A manager. Chick Fil A manager? Its not a fucking dollar raise. I went for years without having to pay for weed.

Good advice, though, and a good reason why I should never own a fast food franchise.

How Much Money Can My Franchise Make?

Endless supply of waffle fries and Chick-fil-A sauce? Get me a chicken sandwich. And some waffle fries. Thanks for correcting me! What did it say? Not Christian, no franchise for you You don't really own the store.

Those lines are forever long. I mean, chicken sandwich! Google is your friend They've over saturated the market. It's probably the worst one to open rite now. Here's a breakdown of several: Edit I had a quote here but it was not relevant.

Those assets are not touched as long as you pay the loan. Wall Street is not congruent with the rest of reality. The vast majority of people who are in cash businesses don't see a lot of cash flow. Those numbers are very realistic.

People on Wall Street do NOT work 8 hours a day unless they're on vacation. Posts are automatically archived after 6 months. Free Android App 1. Free Android App 2.

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