Slim Chickens Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$30,000
Investment required
$1,599,000 - $4,389,000
Slim Chickens: Leading the Way in Fresh, Fast-Casual Dining
Founded by Greg Smart and Tom Gordon in 2003, Slim Chickens is a fast-casual restaurant chain based in Fayetteville, Arkansas.
Slim Chickens offers a variety of delicious menu options including freshly prepared chicken tenders, wings, salads, sandwiches, wraps, chicken & waffles, and an array of southern-fried sides such as pickles, okra, and fried mushrooms.
The chain began franchising in 2013 and has since expanded significantly. Known for its commitment to quality, Slim Chickens uses only fresh, premium ingredients and prepares meals to order, ensuring a consistent and satisfying dining experience. With a welcoming atmosphere and exceptional customer service, Slim Chickens has built a loyal following both domestically and internationally.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure | Amount |
Initial Franchise Fee | $15,000 to $30,000 |
Real Property / Site Lease / Site Review Fees | $45,000 to $1,200,000 |
Construction/ Building Conversion | $700,000 to $1,700,000 |
Site Work | $50,000 to $500,000 |
Furniture, Fixtures, and Equipment | $325,000 to $400,000 |
Smallwares | $18,000 to $21,000 |
Building Signage and Interior Graphics | $45,000 to $75,000 |
Soft Costs | $90,000 to $120,000 |
Insurance | $9,000 to $15,000 |
Opening Inventory | $6,000 to $10,000 |
Training Costs/Opening Assistance Reimbursement | $23,000 to $39,000 |
POS System/Drive-Thru Components/Menu Boards | $80,000 to $140,000 |
Low voltage/Security/Network Installation | $40,000 to $50,000 |
Security and Utility Deposits | $2,500 to $12,000 |
Business Licenses (excluding beer and wine license) | $400 to $2,000 |
Grand Opening Ad Expenditure | $10,000 |
Additional Funds – 3 months | $40,000 to $65,000 |
TOTAL FOR a Single Franchise | $1,598,900 to $4,389,000 |
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Franchise Disclosure Document
Training
Slim Chickens Franchise provides comprehensive training to ensure that franchisees and their teams are well-prepared to operate their restaurants successfully. The training typically includes the following components:
- Initial Training: Franchisees and key management staff undergo an extensive initial training program, which usually lasts several weeks. This program covers all aspects of restaurant operations, including food preparation, customer service, and daily management tasks.
- On-Site Training: Slim Chickens provides on-site training at one of their established restaurants. This hands-on experience allows franchisees and their teams to learn in a real-world environment under the guidance of experienced trainers.
- Ongoing Support: After the initial training, Slim Chickens offers ongoing support, which may include refresher courses, updates on new menu items, and additional training sessions to ensure franchisees stay current with the brand’s standards and practices.
- Operations Manual: Franchisees receive a detailed operations manual that serves as a reference for day-to-day operations, helping them adhere to Slim Chickens’ standards and procedures.
Territory Protection
Franchisees are authorized to operate a Slim Chickens restaurant at a specific Approved Location as outlined in their Franchise Agreement. However, they are not granted an exclusive territory for their operations. This means that while they have a designated location, they are not protected from potential competition from other franchisees or company-owned outlets within the same area.
The franchisor and its affiliates retain the right to establish and operate additional outlets, including Special Outlets, within the franchisee's Designated Area. These outlets can be permanent, temporary, or seasonal. Additionally, they can promote their products and services within or attract customers from the Designated Area without providing any compensation to the franchisee.