factual

What is the estimated range of costs for utility deposits for a Churchs Chicken franchise, and to whom are these payments made?

Churchs_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Expenditure Amount Method Of Payment When Due To Whom
Low High Payment Is To Be Made1
Development Fee2 $10,000 $10,000 Lump sum At signing of Development Agreement Cajun
Initial Franchise Fee2 $20,000 $20,000 Lump sum At signing of Franchise Agreement Cajun
Grand Opening Marketing Funds3 $15,500 $25,000 Lump sum At signing of Franchise Agreement Cajun
Real Estate (purchase or variable variable Lump sum As arranged Lessors/ vendors
lease)4 or Monthly
Site Work5 $30,075 $152,000 Lump sum As ordered Vendors
Building and $194,641 $510,000 Lump sum As ordered Vendors
Improvements6
Equipment and Signs7 $290,000 $375,000 Lump sum As ordered Vendors
Fees, Misc., Architectural and Engineering Services, Deposits8 $50,000 $100,000 Lump sum As ordered Vendors, consultants, municipalities
Initial Training9 $0 $23,000 As incurred As incurred Employees/ vendors
Opening Supplies10 $6,350 $12,700 As arranged As incurred Suppliers
Insurance11 $7,500 $10,000 As arranged As ordered Insurance company/ broker
Utility Deposits12 $10,000 $15,000 Lump sum Per lease or utility company’s requirements Utility companies/ lessors
Business Licenses13 $300 $600 Lump sum Before opening Government agencies
Additional Funds – 3 $10,000 $20,000 As arranged As needed Employees/
Months14 suppliers
Total Investment15 $644,366 $1,273,300 (excluding Real Estate)

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–31)

What This Means (2025 FDD)

According to Churchs Chicken's 2025 Franchise Disclosure Document, the estimated cost for utility deposits ranges from $5,000 to $15,000. These deposits are typically paid in a lump sum.

The timing of these payments depends on the requirements of either the lease agreement or the utility companies themselves. This means a prospective Churchs Chicken franchisee needs to be prepared to pay these deposits potentially before opening their doors.

The payments for utility deposits are made directly to the utility companies or lessors. This is a fairly standard practice in franchising, as franchisees are generally responsible for setting up and paying for their own utilities. The specific amount required for utility deposits can vary significantly based on the restaurant's location, the lessor's policies, the franchisee's creditworthiness, and the policies of the utility companies in that area.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.