How Much Would A Chick-Fil-A Franchise in the Tri-States Cost?
I have never eaten at a Chick-Fil-A, I hear it’s amazing, especially the dipping sauces. But not having one in Quincy sure makes it hard to eat there. In the past we've asked you what fast food chain should come to our respective towns next? After thousands of responses, Chick-Fil-A and their plethora of dipping sauces ended up being the runaway winner.
So what do we do now? I did a little digging to see just what it would take to open a Chick-Fil-A franchise, and as it turns out, it’s really not THAT much. According to businessinsider.com, opening a Chick-Fil-A requires a $10,000 franchise fee, ZERO in startup costs, and owners are not required to meet a net worth minimum. Seems like not a lot of money, and easy to do, but as everything there's a catch.
Chick-Fil-A has a much higher rate for monthly fees compared to other fast food giants. In addition, owners are only permitted to own one restaurant whereas other restaurant franchisees may own several.
But that’s pretty much it! Besides a relatively low franchise fee and a seemingly exhaustive application process, there is nothing stopping someone from opening his/her very own Chick-Fil-A right here in Hannibal or Quincy…just not both.