How many franchised Chicken Guy restaurants were operating at the end of 2023?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
| Restaurant Type | Year | Restaurants at Start of Year | Restaurants at End of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 2 | 4 | +2 |
| 2023 | 4 | 6 | +2 | |
| 2024 | 6 | 8 | +2 | |
| Company Operated | 2022 | 3 | 2 | -1 |
| 2023 | 2 | 3 | +1 | |
| 2024 | 3 | 3 | 0 | |
| Total Restaurants | 2022 | 5 | 6 | +1 |
| 2023 | 6 | 9 | +3 | |
| 2024 | 9 | 11 | +2 |
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, there were 6 franchised restaurants operating at the end of 2023. The FDD provides a system-wide restaurant summary that includes information about franchised and company-operated restaurants. This data helps prospective franchisees understand the growth and changes in the Chicken Guy system over the past few years.
The table in Item 20 outlines the number of franchised Chicken Guy restaurants at the start and end of each year, as well as the net change. For 2023, the number of franchised restaurants increased from 4 at the start of the year to 6 at the end of the year, representing a net increase of 2 restaurants. This indicates a moderate growth in the number of franchised locations during that period.
Understanding the historical growth of franchised units is important for potential franchisees. It can provide insights into the brand's expansion strategy, the demand for franchises, and the overall health of the franchise system. While past performance is not indicative of future results, it offers a tangible view of Chicken Guy's development trajectory. A prospective franchisee should further investigate the reasons behind the changes in restaurant numbers, such as new openings, closures, or transfers, to gain a comprehensive understanding of the franchise's dynamics.