How many company-owned Hck Hot Chicken outlets were sold to franchisees in 2024?
Hck_Hot_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
ed Outlets** For Years 2022 - 2024
| Outlets | |||||||
|---|---|---|---|---|---|---|---|
| Outlets at | |||||||
| Outlets | Reacquired | Outlets | Outlets Sold | Outlets at End | |||
| State | Year | Start of | |||||
| Opened | From | Closed | to Franchisee | of Year | |||
| Year | |||||||
| Franchisee | |||||||
| VA | 2022 | 1 | 2 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 1 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–54)
What This Means (2025 FDD)
According to Hck Hot Chicken's 2025 Franchise Disclosure Document, one company-owned outlet in Virginia was sold to a franchisee in 2024. The table provided in Item 20 includes details about outlet activity by state.
Specifically, for Virginia in 2024, the table shows 2 outlets at the start of the year, no outlets opened, none reacquired from franchisees, none closed, and 1 outlet sold to a franchisee, resulting in 1 outlet at the end of the year. The table includes similar data for previous years, 2022 and 2023, for comparison.
This information is relevant for prospective franchisees as it provides insight into Hck Hot Chicken's strategy regarding company-owned stores and their potential conversion to franchised locations. It also gives a sense of the brand's activity in different states. A potential franchisee may want to inquire about the criteria and process for selling company-owned stores to franchisees.