What is the amount of the nonrefundable deposit required when requesting a Chicken Guy! franchise or development agreement?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
ction, without bond, restraining or enjoining such violation by Potential Franchisee or any entity or person acting in concert with Potential Franchisee. Potential Franchisee understands that such orders are additional to and do not limit the availability of any other remedy.
- 3. Waiver. Potential Franchisee acknowledges that no waiver by Chicken Guy of any breach by Potential Franchisee of any provision of this Agreement shall be deemed a waiver of any preceding or succeeding breach of the same or any other provision of this Agreement. No such waiver shall be effective unless in writing and
Source: Item 23 — RECEIPTS (FDD pages 50–286)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, a prospective franchisee or developer must pay a $5,000 nonrefundable deposit when submitting a request for a franchise or development agreement. This deposit serves as consideration for Chicken Guy's preparation of the requested agreement.
If Chicken Guy and the prospective franchisee/developer execute the agreement within ten business days of the prospect receiving it, Chicken Guy will apply the $5,000 deposit toward either the Development Fee required under the Development Agreement or the Application Fee required under the Franchise Agreement, depending on the type of agreement requested.
Since the deposit is nonrefundable, the prospective franchisee should carefully consider their interest in pursuing a Chicken Guy franchise before submitting the request and paying the deposit. This is a common practice in franchising, where franchisors require an upfront payment to cover initial administrative costs.