Mad for Chicken offers Korean-inspired fried chicken wings, French fries, rice dishes, and snacks. The franchise focuses on providing flavorful, crispy chicken in a modern dining atmosphere.
Key Insights
- Mad for Chicken began as a direct response to inefficiencies and limitations that existed in conventional service approaches, with founders committed to establishing superior alternatives that prioritize customer experience, operational excellence, and sustainable business growth through systematic improvement.
- Service delivery combines convenience and accessibility with nutritional transparency and ingredient education, helping customers make informed dining choices while providing quick, satisfying meals that meet diverse lifestyle needs and dietary preferences in welcoming environments.
- Demographic shifts create new customer segments with distinct needs and service preferences, requiring businesses to adapt their offerings while maintaining core quality standards, creating opportunities for growth through market diversification and specialized service development.
Franchise Fee and Costs to Open
Exploring the financial picture of Mad for Chicken gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $436,940 - $917,300, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Yearly gross sales of $2,742,060 and estimated earnings of $329,048 - $411,309 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.3-4.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Mad for Chicken provides comprehensive training to new franchisees. This initial training offers a foundational understanding of operations and brand standards. The program spans a set duration and takes place at a designated Mad for Chicken training facility. Additionally, the franchisor offers ongoing resources and support to aid in successful business development.
Legal Considerations
Legal considerations for a Mad for Chicken franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee may encounter challenges in identifying a local market position amidst existing eateries. The business model involves operational complexity, demanding consistent execution of recipes and service standards. Furthermore, maintaining a reliable supply of key ingredients, particularly for signature items, can present hurdles that require strategic vendor relationships.
Franchise Datasheet
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