What was the range of Development Fees for Churchs Chicken restaurants during fiscal year 2024?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
sclosed in this Item.
ITEM 5 INITIAL FEES
Development Fee. You must sign a Development Agreement regardless of the total number of Restaurants you commit to develop. You must pay a development fee ("Development Fee") for each Restaurant to be developed under the same Development Agreement when you sign the Development Agreement. The Development Fee is $10,000 per Restaurant you agree to develop under the Development Agreement. During fiscal year 2024, the Development Fe
Source: Item 5 — INITIAL FEES (FDD pages 17–19)
What This Means (2025 FDD)
According to Churchs Chicken's 2025 Franchise Disclosure Document, the Development Fee for each restaurant is generally $10,000. However, during the 2024 fiscal year, the Development Fees ranged from $5,000 to $10,000 per restaurant. This fee is paid when the Development Agreement is signed, regardless of the number of restaurants the franchisee commits to develop.
It is important to note that Churchs Chicken also offers a Platinum Incentive Plan, which may affect the Development Fee. To qualify, franchisees must sign a Development Agreement with a 5-year term, including a minimum of 5 restaurants, with at least one opening each year. The FDD states that Churchs Chicken reserves the right to provide greater financial incentives if a franchisee commits to developing more than 10 restaurants.
Prospective franchisees should inquire about any specific incentive programs available and how they might impact the Development Fees. Understanding the terms and conditions of the Development Agreement and any associated addenda is crucial before making a commitment.