Rank no. 245 – Golden Chick – US

Products & Services: Quick-service chicken restaurant

Number of Locations: 114

Total Investment: $738.45K – 1.63M

Founded: 1967

Began Franchising: 1972

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.

Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, South, Southeast, Southwest.
Franchisor is seeking new units in Asia, Middle East, Mexico.
Startup Costs, Ongoing Fees and Financing

Total Investment: $738,450 – $1,640,500
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $200,000
Liquid Cash Available: $150,000
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).

How This Franchise Supports Franchisees

Training: Available at headquarters: 6 weeks. At franchisee’s location: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History

Franchise 500®: #245 (2013), #458 (2012), #392 (2011), #327 (2010),
America’s Top Global: #175 (2013),
The Golden Story

The Golden Story began in Central Texas in the late 1960’s when the concept was created by a former employee of a chicken franchise who believed that there had to be a better way to run a franchise system. The wonderful chicken, created by the development of secret marination and batter mixes, attracted franchise inquires, and by the time the founder sold the chain in 1982, it had grown to a total of 39 restaurants.

In March 1989, Golden Fried Chicken was purchased by an investment group whose involvement was strongly supported by the Golden Fried Chicken franchise community. Since then, the chain has experienced steady growth with new restaurants opening throughout the region, bringing the chain-wide total to 111 units. The partnership with our franchise community also produced joint franchisor/franchisee advisory committees in the areas of purchasing, advertising, operation and standards and construction and facilities.

In September, 1993, the company introduced exciting new enhancements to the Golden Fried Chicken menu as well as the restaurant appearance and thus was born Golden Chick, a concept positioned to propel the Golden chain into the future. The company feels so strongly that Golden Chick is a winning enterprise that in July of 1996 we announced that all future franchises granted to new franchisees would be Golden Chick franchises!

It’s been over 40 years since the first Golden Fried Chicken opened in San Marcos, Texas but our goal has never changed — the success of each franchise owner. With an innovative franchisor/franchisee relationship and a new Golden Chick restaurant serving your community’s best fried chicken, the opportunity is Golden indeed!

Your Success…..is our priority

In over 45 years our goal has never changed — The success of each franchise owner.

We strive to keep our restaurants easy to operate. While we have over 30 years of experience and have developed procedures and system that enable you to operate an efficient and cost-effective franchise, we are committed to keeping our eyes focused on the future and continually strive for improvement. Our experienced franchise professionals will assist you in finding the right location and developing our prototype restaurant or converting an existing facility into a Golden Chick restaurant.

At Golden Chick we pride ourselves on treating you like family and as a valuable member of the team. We’ll support you with ongoing training programs designed for both the experienced entrepreneur and the first-time owner. We value your input and believe that no one succeeds by him/herself. Our franchisee advisory system gives you a voice in the future direction of the chain.

Why Golden Chick?

The Golden Chick concept is a family oriented quick-service restaurant with dine-in, drive-thru, and optional home delivery service capability. We offer a variety of menu items, featuring our Golden Fried Chicken and Golden Tenders which are prepared in our proprietary marination mixes and batters. Along with these items we also offer hand-rubbed Golden Roast Chicken and southern style catfish. Side items include, battered french fries, creamy homemade cole slaw, mashed potatoes, country style cream gravy, green beans, macaroni & cheese, corn on the cob, gourmet style chicken salad, fresh baked yeast rolls, sandwiches, soft drinks and freshly brewed iced tea.

Originator of the Chicken Tender
Over 40 years in the business and 35 years in the Franchise industry
Well established chain with a loyal following
On going Research and Development
Local Store Marketing and Promotions
Efficient store design that provides outstanding productivity
On-going Field Support

Source: goldenchick.com