Most fast food companies don't make it widely known just how much their franchise owners earn a year, but that doesn't mean it's not possible to get a pretty good idea. According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn an average of around $200,000 a year.13-Dec-2019
How much does a Chick-fil-A owner make?
How much does a single Chick-fil-A owner make?
While Chick-fil-A doesn't publish any operator earnings numbers, Franchise Business Review estimates that the average restaurant operator earns a very respectable income in the range of $150,000.
How do Chick-fil-A owners get paid?
Chick-fil-A pays for the land, the construction and the equipment. It then rents everything to the franchisee for 15% of the restaurant's sales plus 50% of the pretax profit remaining. Operators, who are discouraged from running more than a few restaurants, take home $100,000 a year on average from a single outlet.
How much does a Chick-fil-A franchise manager make?
The average salary for a General Manager is $63,644 per year in United States, which is 28% higher than the average Chick-fil-A salary of $49,665 per year for this job.
Why is it only cost $10 K to own a Chick-fil-A franchise?
The reason for this? Unlike other franchise models, Chick-fil-A — not the franchisee — covers nearly the entire cost of opening each new restaurant (which, according to its financial disclosures, runs from $343k to $2m). The franchisee only pays the $10k franchise fee.
What franchise makes the most money?
10 of the most profitable franchises in 2021
- McDonald's. …
- Dunkin' …
- The UPS Store. …
- Dream Vacations. …
- The Maids. …
- Anytime Fitness. …
- Pearle Vision. …
- JAN-PRO.
How much to start a Chick-fil-A?
While operating a Chick-fil-A restaurant requires a relatively modest $10,000 initial financial commitment ($15,000 CAD in Canada), it requires a holistic commitment to own and operate the business in a hands-on manner. We are in the restaurant industry – the quick-service restaurant industry, at that.
What does it cost to open a Chick-fil-A?
While operating a Chick-fil-A restaurant requires a relatively modest $10,000 initial financial commitment ($15,000 CAD in Canada), it requires a holistic commitment to own and operate the business in a hands-on manner.