When is the Hck Hot Chicken development fee due?
Hck_Hot_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount Low High | Method of Payment | When Due | To Whom Payment Is Made | |
|---|---|---|---|---|---|
| Estimate (3 Restaurants) | Estimate (10 Restaurants) | ||||
| Development Fee(1) | $99,000 | $250,000 | Lump Sum | Upon signing Development Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–23)
What This Means (2025 FDD)
According to Hck Hot Chicken's 2025 Franchise Disclosure Document, the development fee is due upon the execution of the Area Development Agreement. This fee is required when signing both the Area Development Agreement and the Franchise Agreement for the first restaurant. The amount of the development fee varies depending on the number of restaurants the franchisee commits to developing.
The low estimate for the development fee is $99,000, which is based on a commitment to develop three restaurants. The high estimate is $250,000, based on a commitment to develop ten restaurants. Hck Hot Chicken may allow franchisees to develop more than ten restaurants if they are deemed operationally and financially capable.
The development fee is credited towards the initial franchise fee for each restaurant developed under the Area Development Agreement. The franchisee must pay the balance of the initial franchise fee upon signing a Franchise Agreement for each additional restaurant in the Development Schedule. All fees and payments are non-refundable unless otherwise stated or permitted by Hck Hot Chicken.