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Below is an in-depth analysis and side-by-side comparison of Golden Chick vs Wing Machine 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 | $102,000 - $204,000 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 4% | - |
Advertising Fee | 1% | - |
Year Founded | 1967 | 1985 |
Year Franchised | 1972 | 1985 |
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 | -/- |
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 | - |
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 | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
The "Wing Machineā is one of the fastest growing chain of fast food restaurants in Southern Ontario, specializing in chicken wings.
Other menu items include Chicken dinners, Ribs, Jerk Chicken, Pizza, Sandwiches, Chicken fingers, Fries, Vegetable Sticks, Salads and Soft Drinks.
The first location opened in downtown Toronto in 1987. The operation was designed for its simplicity of operation, with the wings and ribs sold by the pound.