What was the total franchise revenue for Churchs Chicken as of December 31, 2023?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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 franchise revenue as of December 31, 2023, was $58,655. This figure represents the income Churchs Chicken received from its franchisees during that year. In comparison, the franchise revenue for the previous year, December 25, 2022, was $54,276.
For a prospective franchisee, this indicates the revenue stream that Churchs Chicken generates from its franchise operations. It is important to note that this revenue does not include sales from company-operated restaurants or other sources of income like rental fees. Understanding the franchise revenue can provide insights into the financial stability and reliance of Churchs Chicken on its franchisees.
It's also useful to compare this franchise revenue with other revenue streams, such as sales from company-operated restaurants, which amounted to $156,268 as of December 31, 2023. This comparison helps to gauge the relative importance of franchise operations to Churchs Chicken's overall financial performance. Additionally, rental and other income contributed $8,380 to the total revenues for the same period.
Overall, the franchise revenue is a key indicator of the health and growth of the Churchs Chicken franchise system. A prospective franchisee should consider this figure in conjunction with other financial data and information about the franchise system to make an informed investment decision.