What was the total revenue for Chicken Guy in 2022?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current Assets | |||
| Cash | $ 256 | $ 1,405 | $ 18,762 |
| Royalty Receivables, Net | 127,714 | 237,320 | 42,689 |
| Due from Related Parties | 2,618,604 | 1,895,776 | 1,577,037 |
| Total Current Assets | 2,746,574 | 2,134,501 | 1,638,488 |
| Restricted Cash | 37,500 | 37,500 | 37,500 |
| Contract Assets | 187,250 | 127,500 | 127,500 |
| Total Assets | $ 2,971,324 | $ 2,299,501 | $ 1,803,488 |
| LIABILITIES AND MEMBER'S EQUITY | |||
| Current Liabilities | |||
| Accounts Payable | $ 60,000 | $ - | $ - |
| Due to Franchisee | 200,000 | - | - |
| Due to Related Party | 33,476 | - | - |
| Customer Deposits | 55,000 | 95,000 | 100,000 |
| Contract Liabilities, Current Portion | 18,500 | 41, |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 50)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, the total revenue for the company in 2022 was $265,956. This revenue is comprised of franchise fees totaling $8,500 and royalties amounting to $257,456. These figures reflect the income Chicken Guy generated from its franchise operations during that fiscal year.
For a prospective franchisee, understanding the franchisor's revenue streams is crucial. The relatively low franchise fee revenue in 2022, compared to later years, may indicate a period of slower franchise sales or different fee structures in place at that time. The royalties, being a larger portion of the revenue, suggest that Chicken Guy's income is heavily reliant on the ongoing sales performance of its franchisees.
It's also important to note that these figures represent the franchisor's revenue, not the individual franchisee's revenue. A potential franchisee should review Item 19 in the FDD, which provides financial performance representations for franchise locations, to understand potential revenues and expenses at the store level. Additionally, the FDD indicates that Chicken Guy recognized no accelerated franchise revenue during the year ended December 25, 2022.