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Below is an in-depth analysis and side-by-side comparison of Golden Chick vs Nando's Chickenland (West) Ltd including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $440,950 - $1,348,500 | $550,000 - $650,000 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | 1% | 3% |
Year Founded | 1967 | 1994 |
Year Franchised | 1972 | 1999 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $10K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/- |
Start-up Costs | No/No | No/- |
Equipment | No/Yes | No/- |
Inventory | No/Yes | No/- |
Receivables | No/Yes | No/- |
Payroll | No/Yes | No/- |
Training & Support |
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Training | On-The-Job Training: 140 hours Classroom Training: 40 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app | - |
Operations |
28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Quick casual dining restaurant chain specializing in Portuguese flame grilled chicken. Part of an international franchise company with over 550 stores in 32 countries around the world.