What was the total amount of payroll and benefits expenses for Churchs Chicken as of December 25, 2022?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| 553,590 | $ | 549,301 | | | | See accommunity nates | | | | | | |
| Dec | cember 31, | De | cember 25, | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| Revenues | ||||
| Sales by company-operated restaurants | S | 156,268 | S | 141,936 |
| Franchise revenue | 58,655 | 54,276 | ||
| Rental and other income | 8,380 | 8,781 | ||
| Total revenues | 223,303 | 204,993 | ||
| Operating costs and expenses | ||||
| Company-operated restaurant expenses: | ||||
| Food, beverage and packaging | 48,155 | 45,690 | ||
| Payroll and benefits | 42,744 | 40,009 | ||
| Other operating expenses | 37,842 | 37,204 | ||
| General and administrative expenses | 21,716 | 22,378 | ||
| Depreciation and amortization | 19,924 | 18,600 | ||
| Impairment, special charges and (gain) loss on asset dispositions | 2,554 | (954) | ||
| Total operating costs and expenses | 172,935 | 162,927 | ||
| Operating income | 50,368 | 42,066 | ||
| Interest expense, net | 28,140 | 26,861 | ||
| Income before income taxes | 22,22 |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 35–43)
What This Means (2025 FDD)
According to Churchs Chicken's 2025 Franchise Disclosure Document, the total payroll and benefits expenses for company-operated restaurants as of December 25, 2022, was $40,009.
This figure represents a significant operating cost for Churchs Chicken. For a prospective franchisee, understanding this expense is crucial as it directly impacts the profitability of company-operated restaurants. While this number reflects the expenses of company-operated stores, franchisees can anticipate similar expenses for their own locations.
Payroll and benefits typically include wages, salaries, health insurance, retirement contributions, and other employee benefits. These costs can fluctuate based on factors such as staffing levels, employee turnover, and local labor market conditions. Franchisees should carefully analyze these factors when projecting their own operating expenses.
It's important to note that this figure only reflects the payroll and benefits for company-operated restaurants and may not be directly applicable to franchised locations. Franchisees should conduct their own due diligence to estimate their specific payroll and benefits expenses, considering factors such as location, staffing model, and local regulations.