|
Below is an in-depth analysis and side-by-side comparison of Wingstop vs Chicken Kitchen including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $376,300 - $724,200 | $300,000 - $500,000 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 4% | 2%local+1%Nat'l |
Year Founded | 1994 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Restaurant or hospitality experience is highly desirable, but not a pre-requisite to become a Chicken Kitchen franchisee. Chicken Kitchen is seeking highly motivated, energetic, hard working operators with an unrelenting commitment to serving quality food and total customer satisfaction | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 139 hours Classroom Training: 48 hours | - |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | Type of operator required: hands-on owner |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Wingstop Franchising LLC is the franchisor. Wingstop restaurants offer
chicken wings in a variety of highly-seasoned flavors. They also offer
fresh-cut French fries, other foods, and beverages, including beer and
wine where legally permitted. A Wingstop franchise entitles the
franchisee to operate one restaurant at an approved location.
Chicken Kitchen is ready to offer a very select group of individuals and corporations the opportunity to expand our concept in other markets across the USA and internationally, thru Franchising, Partnerships and Joint Ventures. We are looking for strong hands-on or proven Operators to partner with. At Chicken Kitchen we strongly believe that the future success of our concept is tied to the quality of the Operators that we will select. It is their hard work, leadership, passion, skills, dedication, financial resources and approach to business that will make Chicken Kitchen a great success.
That’s why we take great care and time in selecting our Partners/Operators. We are just looking for the right fit. Please let us know what market(s) you are interested in and if you are interested in the Franchise, Partnership or Joint Venture program?