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| Re: We're All Human Beings Today. Please Boycott Chick-fil-A (967113) | |||
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Re: We're All Human Beings Today. Please Boycott Chick-fil-A |
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Posted by SUBWAYSURF on Wed Aug 1 21:51:22 2012, in response to Re: We're All Human Beings Today. Please Boycott Chick-fil-A, posted by bingbong on Wed Aug 1 20:41:28 2012. Chick Fil-A does indeed own, builds and pays the rent on all 1600+ of their stores. But it is some kind of convuluted franchise system which resembles share cropping IMO. Subways franchising system is similar and they have more units than the golden arches.To wit: Chick-fil-A uses a model significantly different from other restaurant franchises, notably in retaining ownership of each restaurant. Chick-fil-A selects the restaurant location, builds it, and pays the rent, while retaining ownership. Whereas franchisees from competing chains need about $2 million to operate a franchise, Chick-fil-A franchisees need only a $5,000 initial investment to become an operator. The company gets 10,000-25,000 applications from potential franchise operators for 60-70 slots they open each year. Chick-fil-A gets a larger share of revenue from its franchises than other chains, but the formula works well for operators — franchisees make an average of $190,000 per year. In 2010 Chick-fil-A took the industry lead in average sales per restaurant, making an average of $2.7 million per restaurant in 2010 |
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