Thursday, August 31, 2017

Chick-Fil-A Franchise

https://www.forbes.com/forbes/2007/0723/080.html
Fifty employees and one franchisee grew up in one of 13 Christian foster homes in the U.S. and Brazil run by a nonprofit organization Chick-fil-A funds, the WinShape Foundation. Sixteen others were in Sunday-school classes Cathy teaches at First Baptist Church in Jonesboro, Ga. Cathy likes to give a leg up to people who have ambition but little else: The company asks operators to pay just $5,000 as an initial franchise fee. KFC, for example, demands $25,000 and a net worth of $1 million.
Chick-fil-A pays for the land, the construction and the equipment. It then rents everything to the franchisee for 15% of the restaurant’s sales plus 50% of the pretax profit remaining. Operators, who are discouraged from running more than a few restaurants, take home $100,000 a year on average from a single outlet. A solo Bojangles’ franchisee can expect to earn $330,000 (Ebitda) on sales of $1.7 million.

http://www.dbknews.com/2017/02/15/college-park-new-chick-fil-a/
February 14, 2017
Representatives from Chick-fil-A have approached the city about the site at 8907 Baltimore Ave., where the Cass Trailer Sales is currently located and across from Rita's, Mayor Patrick Wojahn said. 
Though it's very early in the process, Terry Schum, the city's planning director, said at this time the city has no way of knowing how quickly this project will move through the application process.
Chick-fil-A has previously tried to bring to College Park a store besides the on-campus location in Stamp Student Union, said District 2 Councilman P.J. Brennan. A proposed restaurant would have been located in the Shoppers strip mall, but the nearby community opposed it, Brennan said.
While there's currently no way of knowing if the Chick-fil-A will actually locate and when it could open, Brennan said if it's approved, things can move "pretty quickly." 
"Every project has its own timeline," Brennan said. "Depending on things like community support, the use of the site … [and] the ability to get it approved through the city's planning board."

http://www.dbknews.com/2017/03/17/chick-fil-a-meeting/
More than 30 residents and several city officials met with company representatives at a Berwyn District Civic Association meeting to discuss the proposed location at 8907 Baltimore Ave, where the Cass Trailer Sales is located across from Rita's.
Chick-fil-A has been "seriously looking" to build in College Park for about four years, said Dan Lynch, a local attorney hired by the company. The fast food chain intends to propose a two-story building with more than 4,600 sq. feet of space, along with an outdoor patio space, according to a Design Intent Package distributed during the meeting.

No comments:

Post a Comment