Is a Chicken Guy franchisee required to revise their Business Plan during the term of the agreement?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
- D. Business Plan. Franchisee shall develop and submit to Chicken Guy, simultaneously with the submission of the Real Estate Site Application, a three-year business plan ("Business Plan") outlining the actions that Franchisee will take to ensure that Franchisee's operation and management of the Franchised Restaurant are in compliance with Chicken Guy's standards. During the term of this Agreement, Franchisee agrees to revise the Business Plan as required by Chicken Guy and further agrees to implement that Business Plan as approved by Chicken Guy.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, a franchisee is required to develop and submit a three-year business plan to Chicken Guy simultaneously with the Real Estate Site Application. This business plan should outline the actions the franchisee will take to ensure the operation and management of the franchised restaurant comply with Chicken Guy's standards.
Furthermore, during the term of the Franchise Agreement, the franchisee agrees to revise the Business Plan as required by Chicken Guy. The franchisee must also implement the Business Plan as approved by Chicken Guy.
This means that Chicken Guy has the right to request changes to the franchisee's business plan during the term of the agreement to ensure compliance with their standards. It is important for prospective franchisees to understand that the business plan they initially submit is not necessarily final and may be subject to revisions at Chicken Guy's discretion.