<story><title>It costs $10k to ‘own’ a Chick-fil-A franchise</title><url>https://thehustle.co/why-it-only-costs-10k-to-own-a-chick-fil-a-franchise/</url></story><parent_chain></parent_chain><comment><author>oflannabhra</author><text>I know several CFA owner-operators, and this article is mostly on point.&lt;p&gt;Some of the comments I’ve seen are a bit off. 2 of the 3 owner-operators I know have multiple locations, although this is rare. Income estimates are a bit low for typical stores  I’d be surprised if any owner operator of a freestanding unit is below $250k. Also, the estimates of worked hours are a bit high. All the owner operators I know have great work-life balance, this is a function of how well they hire and train their general managers.&lt;p&gt;There are also some significant advantages to non-ownership that are win-win for both the company and operators. CFA provides significant support beyond what other franchisers do: IT, capex for renovation, and training. CFA is incredibly focused on efficiency in their stores. If you’ve seen a freestanding store recently, you’ve probably seen it be renovated to allow for double drive through lanes and a walkthrough parlor for pickup. That’s not the type of thing many franchisees at other companies have the cash (or willingness) to do.</text></comment>
<story><title>It costs $10k to ‘own’ a Chick-fil-A franchise</title><url>https://thehustle.co/why-it-only-costs-10k-to-own-a-chick-fil-a-franchise/</url></story><parent_chain></parent_chain><comment><author>goldcd</author><text>I have myriad issues with the personal ethics of the owners of Chick-fil-A - but their model does make sense to me.&lt;p&gt;They&amp;#x27;re clearly not just wanting to sell their brand - they&amp;#x27;re wanting to own their brand.&lt;p&gt;The 10k is just a token - It&amp;#x27;s maybe more than you have in your clearing account, but a figure that most people could likely produce and is just an indicator that &amp;quot;you&amp;#x27;re serious&amp;quot;&lt;p&gt;Important part is that they put you through the grinder to make sure you&amp;#x27;re the person they want to run their store. To be honest just looks like a regular job interview - with the exception that they charge you to join the company, but you get a cut of the profits.&lt;p&gt;Not even sure if they&amp;#x27;re in the UK yet, but you can see the converse with Subway that keeps appearing all over the place, despite not having any customers.</text></comment>