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What was the net change in the number of company-owned Hck Hot Chicken outlets during 2023?

Hck_Hot_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

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ITEM 20. OUTLETS AND FRANCHISEE INFORMATION

Systemwide Outlet Summary For Years 2022 - 2024

| Outlet Type | Year | of the Year | the Year | Net Change | |-

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, the net change in the number of company-owned outlets during 2023 was -1. This indicates that Hck Hot Chicken closed one more company-owned store than it opened during that year. At the start of 2023, there were 3 company-owned outlets, and by the end of the year, the number decreased to 2.

For a prospective franchisee, this information is relevant because it provides insight into the performance and strategic decisions of Hck Hot Chicken regarding its company-owned stores. A decrease in company-owned stores could suggest a shift in focus towards franchising, potential challenges in operating company-owned locations, or other strategic considerations.

It is important to note that while the number of company-owned stores decreased, the number of franchised outlets increased during the same period. In 2023, the number of franchised Hck Hot Chicken outlets increased by +3. This could indicate a strategic decision to expand through franchising rather than direct company ownership. A prospective franchisee should inquire about the reasons behind the net decrease in company-owned stores and the overall strategy for company-owned versus franchised locations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.