What do the professional fees in the Chicken Guy initial investment estimate cover?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
Professional Fees.
These figures represent the estimated costs of engaging an attorney or other business professionals to review this disclosure document and the accompanying agreements, assist you in organizing a business entity and help you obtain required licenses and permits.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–20)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, the professional fees in the initial investment estimate cover the costs of engaging an attorney or other business professionals. These professionals will review the disclosure document and accompanying agreements, assist in organizing a business entity, and help obtain required licenses and permits.
The estimated cost for these professional fees ranges from $10,000 to $20,000 for both in-line, end-cap, and drive-thru restaurants, as well as for non-traditional restaurant locations. These fees are typically due before opening and are paid to attorneys, accountants, and other business advisors as the services are incurred.
Prospective Chicken Guy franchisees should factor in these professional fees when planning their initial investment. It is important to engage qualified professionals to ensure compliance with legal and regulatory requirements and to make informed business decisions. The FDD recommends reviewing all figures carefully with a business advisor before purchasing the franchise.