Golden Chick vs The Flame Broiler Restaurant Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Golden Chick vs The Flame Broiler Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Golden Chick Franchise
The Flame Broiler Restaurant Franchise
Investment $440,950 - $1,348,500$380,116 - $609,763
Franchise Fee $30,000$35,000
Royalty Fee 4%5%
Advertising Fee 1%3%
Year Founded 19671995
Year Franchised 19721999
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $10K-


Business Experience Requirements

 
Golden Chick Franchise
The Flame Broiler Restaurant Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Golden Chick Franchise
    The Flame Broiler Restaurant Franchise
      In-House/3rd PartyIn-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

     
    Golden Chick Franchise
    The Flame Broiler Restaurant Franchise
    Training On-The-Job Training: 140 hours Classroom Training: 40 hours On-The-Job Training: 68-148 hours Classroom Training: 12 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app Regional Advertising
    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)

    Absentee Ownership Allowed

    Number of Employees Required to Run: 8


    Expansion Plans

     
    Golden Chick Franchise
    The Flame Broiler Restaurant Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Golden Chick

    Howard Walker opened the first Golden Fried Chicken location in San Marcos, Texas, in 1967. The restaurants, which served fried chicken, chicken tenders, mashed potatoes, biscuits and other favorites, quickly spread through Texas and Oklahoma. In 1996, the name was changed from Golden Fried Chicken to Golden Chick. The conversion included an image update and the addition of new menu items, such as Golden Roasted Chicken and a variety of new side items to go along with all the existing menu item favorites. Free-standing and co-branded units offer dine-in, takeout, drive-thru, catering and optional delivery service.

    The Original & Still the Best.
    Veteran Incentives  33.33% off franchise fee


    "Entrepreneur
    #334 in Franchise 500 for 2020.
    #302 in Franchise 500 for 2021.


    About The Flame Broiler Restaurant

    The first The Flame Broiler, The Rice Bowl King restaurant opened in 1995 in Fullerton, California. Young Lee, who had graduated from UCLA with a degree in Economics and had joined the workforce, often found himself on the road during his workday. As a result, he often found himself grabbing a quick bite to eat for lunch at many different fast food restaurants. Very entrepreneurial in nature, Young Lee set out to create a better, healthier alternative to the fast food he had to choose from while working. This led him to open the first The Flame Broiler, The Rice Bowl King restaurant, which served simple, healthy, fast food and family-style Korean food.

    Word about the new restaurant spread, and Young Lee found himself extremely busy during lunch. He quickly developed a very broad customer base; The Flame Broiler, The Rice Bowl King appealed to all ethnicities. The restaurant was a success. Not only did the concept appeal to a diverse group of people, but Young Lee was able to operate on a very low budget, with virtually no waste.

    Because of the restaurant’s popularity and success, Young Lee opened a second restaurant in Santa Ana in 1995. Both restaurants have continued to prosper over the years. Then in April of 1999, Young Lee opened a third restaurant in Anaheim, which would be owned and run by his brother. And he has also developed his own proprietary recipe for the Teriyaki sauce served at The Flame Broiler The Rice Bowl King.

    Word about The Flame Broiler The Rice Bowl King continued to spread. The Flame Broiler The Rice Bowl King had become so popular on the West Coast that customers began asking Young Lee to franchise, which is what he decided to do in 1999. Young Lee saw franchising as a way to provide even more customers with a better, healthy alternative to fast food while maintaining the high level of service and food quality for which The Flame Broiler The Rice Bowl King is so well known.

    Young Lee realizes that franchisees, who have a vested interest in their businesses, will be more dedicated partners in the growth process. By successfully operating their individual The Flame Broiler The Rice Bowl King restaurants, the entire franchise network will have the ability to expand (first through California, then across the nation and eventually internationally), benefit from each others' innovations, and maintain long-term stability. He also realizes that future growth and success can be achieved through the combined efforts of franchisees who have ownership in a business and who have ties to their local communities.