What is the minimum term length required to qualify for the Churchs Chicken Platinum Incentive Plan?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Incentive Programs. We are currently offering a "Platinum Incentive Plan" to celebrate the 70th anniversary of our brand. Qualified franchisees must sign a Development Agreement with a 5-year term and include a minimum of 5 Restaurants, with at least 1 Restaurant opened each year from the date of the Development Agreement. Simultaneously with your signing of the Development Agreement, you will sign a Platinum Incentive Program Addendum to the Development Agreement in the form attached as Exhibit S. The Restaurants developed under that Development Agreement will receive the reduced Development Fee, Initial Franchise Fee, and Royalty Fee as described in the table below:
Source: Item 5 — INITIAL FEES (FDD pages 17–19)
What This Means (2025 FDD)
According to Churchs Chicken's 2025 Franchise Disclosure Document, to qualify for the Platinum Incentive Plan, a franchisee must sign a Development Agreement with a 5-year term. This agreement must include a commitment to develop a minimum of 5 Churchs Chicken restaurants.
Furthermore, the agreement stipulates that at least one restaurant must be opened each year from the date of the Development Agreement. This requirement ensures a steady pace of development and adherence to the agreed-upon schedule. Simultaneously with signing the Development Agreement, the franchisee will also sign a Platinum Incentive Program Addendum.
Franchisees should note that the Platinum Incentive Plan cannot be combined with any other franchise fee or royalty incentives. This exclusivity is a crucial factor to consider when evaluating the overall financial benefits of the plan. The Platinum Incentive Plan provides reduced fees, such as the Development Fee, Initial Franchise Fee, and Royalty Fee, as detailed in the provided table, making it a potentially attractive option for multi-unit developers who can meet the required development timeline and restaurant count.