How many company-operated Chicken Guy restaurants were sold to franchisees between 2022 and 2024?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets | Reacquired | Outlets Closed | Outlets at | ||||
|---|---|---|---|---|---|---|---|
| Outlets | Outlets Sold to | ||||||
| State | Year | at Start of Year | Opened | from Franchisees | Franchisees | End of the Year | |
| 2022 | 3 | 0 | 0 | 1 | 0 | 2 | |
| FL | 2023 | 2 | 1 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2022 | 3 | 0 | 0 | 1 | 0 | 2 | |
| Total | 2023 | 2 | 1 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 0 | 0 | 0 | 0 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–50)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, no company-operated restaurants were sold to franchisees between 2022 and 2024. The provided table tracks the status of company-operated restaurants, outlets opened, reacquired outlets, outlets closed, and outlets sold to franchisees.
Specifically, the table shows that in 2022, Chicken Guy had 3 company-operated restaurants at the start of the year and 2 at the end, with 1 outlet closing. In 2023, the company started with 2 and ended with 3, opening 1 new location. For 2024, Chicken Guy began and ended the year with 3 company-operated restaurants, with no changes reported.
Across all three years (2022, 2023, and 2024), the 'Outlets Sold to Franchisees' column consistently shows a value of 0. This indicates that Chicken Guy did not sell any of its company-operated restaurants to franchisees during this period. This information is crucial for potential franchisees to understand the company's growth strategy and its relationship with its franchisees.