How many Chicken Guy franchise agreements have been signed in Florida, but the restaurants are not yet opened?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreements Signed But Restaurant Not Opened | Projected New Franchised Restaurants In Next Fiscal Year | Projected Company Operated Restaurants In Next Fiscal Year |
|---|---|---|---|
| California | 1 | 0 | 0 |
| Florida | 3 | 3 | 0 |
| Nevada | 1 | 1 | 0 |
| New York | 0 | 0 | 1 |
| North Carolina | 1 | 0 | 0 |
| Washington D.C. | 1 | 0 | 0 |
| TOTALS | 7 | 4 | 1 |
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, as of December 29, 2024, there were three franchise agreements signed in Florida for restaurants that had not yet opened. This indicates that Chicken Guy is continuing to expand its franchise network, with Florida being a key state for growth. These future locations represent potential opportunities and also a degree of risk, as there is no guarantee that these restaurants will open and become successful.
For a prospective franchisee, this information is useful for understanding the brand's growth trajectory and market penetration in specific regions. Knowing the number of signed agreements versus operational restaurants can provide insights into the time it takes to get a Chicken Guy location up and running, as well as potential challenges in specific markets like Florida. It is important to note that the FDD also lists the projected new franchised restaurants in Florida for the next fiscal year is three.
It would be prudent for potential franchisees to investigate the reasons why these locations are not yet open. This could be due to various factors such as permitting delays, construction issues, or difficulties in securing suitable real estate. Understanding these challenges can help a new franchisee prepare for potential hurdles in their own launch process. Additionally, it may be beneficial to inquire about the support Chicken Guy provides to franchisees in overcoming these types of obstacles.
Overall, the data suggests that Chicken Guy is actively expanding its franchise presence, but prospective franchisees should conduct thorough due diligence to understand the full picture of the brand's development and operational landscape.