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Updated RecentlyGolden Chick vs Commercial Capital Training Group Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Chick vs Commercial Capital Training Group 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 | $25,000 - $100,000 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | 4% | - |
| Advertising Fee | 1% | 4% local |
| Year Founded | 1967 | 2009 |
| Year Franchised | 1972 | 2009 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | $10K | - |
Business Experience Requirements |
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| Experience | Fundamentally we are looking for franchisees with a proven business track record who are looking for an exciting opportunity to build a successful business as part of a leading brand. We also require a positive attitude, excellent communication skills, tolerance, a passion for excellent service and a key understanding of the need to follow our system. A good sense of humour will also help! We're looking for franchisees who have: GOOD BUSINESS TRACK RECORD. THE PASSION. THE SKILL. A POSITIVE ATTITUDE. THE CHARACTER. TRUST & RESPECT. The financial requirements. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 140 hours Classroom Training: 40 hours | We assist the new operator in the actual opening and during the critical early days. Product and operations training is provided and supported by a comprehensive series of operating procedures manuals, covering standard operations, health, hygiene and safety, training, marketing and finance. |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | On-going advice and Field Agents of the company, including equipment maintenance and unit servicing, provide support. |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app | The company co-ordinates a central advertising and marketing operation, the scale which increases in line with the growth in Southern Fried Chicken numbers. Our strategy concentrates on reaching new customers through emphasising our major competitive points of difference resulting from our unique product range combination, and our tried and tested product quality formula. This is achieved through campaigns in newspapers, radio spots, direct mail pieces and product-sponsored promotions. We recommend that 4% of the turnover is spent on local marketing and promotion for the store. |
| 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) | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | No |
Company Overviews
About Golden Chick
Veteran Incentives 33.33% off franchise fee
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About Commercial Capital Training Group
Millions upon millions of small businesses cannot access capital. The statistics don’t lie: The key facts prove why this industry is one of the most lucrative industries to be in because of what you’ll be able to provide. From figures taken in 2006 when the economy was good, the fact is this problem always exists with very few people knowing what to do... until they meet you. With your unique and complete business model representing a multitude of innovative capital solutions from lenders that can approve a majority of what banks turn down, your potential client base is virtually unlimited with very little competition.
Our one-of-a-kind training program allows you to successfully enter the lucrative world of commercial financing. Work wherever you want, whenever you want in this recession proof industry while earning an unlimited income.