Melia Robinson/ Business Insider
Chick-fil-A franchisees pay exactly $10,000 to open a brand-new eatery. Chick-fil-A pays for all startup payments — including real estate, restaurant construction, equipment systems — and loans everything to its franchisees for an ongoing reward equal to 15% of auctions plus 50% of pretax revenue standing. The firm vetoes most of its franchisees from opening various eateries, which can restriction franchisees’ potential revenues. Chick-fil-A get more than 20,000 inquests from franchisee candidates every year. From those candidates, Chick-fil-A adopts between 75 to 80 brand-new franchisees annually.
Chick-fil-A is among the most successful fast-food chains in the US, and it’s also one of the cheapest to open.
The company’s auctions grew by$ 1 billion to$ 9 billion in 2017, moving it larger than Chipotle and KFC combined.See the remainder of the story at Business Insider
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