Hottest New Franchises

2015

Slim Chickens started with a mission to bring a dose of that southern hospitality to a fast, casual setting—serving fresh handmade food to the communities we serve. Now over a decade and thousands of happy customers later, we know that there’s something special about our hand-breaded chicken tenders, fresh Buffalo wings, and handmade dipping sauces that keeps our loyal fans coming back…over and over again. We strive to return that enthusiasm by giving back to the communities we serve—helping local non-profits with fundraisers, donating food to community events, and doing everything we can to improve the lives of people in the communities where we live and work. In more ways than one, Slim Chickens is truly life-changing chicken.

Year Franchised Change Company-Owned Change Total Change
2013 4 -- 8 0.0% 12 50.0%
2012 0 -- 8 -- 8 --

Investment Required

The initial franchise fee for a Slim Chickens franchise is $30,000. Slim Chickens provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.

Item Established Low Range Established High Range
Initial Franchise Fee $30,000 $30,000
Leasehold Improvements $500,000 $900,000
Furniture, Fixtures, and Equipment $150,000 $225,000
Smallwares $6,650 $9,300
Exterior Signage $21,000 $47,000
Soft Costs $32,400 $56,800
Insurance $9,000 $14,800
Opening Inventory $6,000 $9,500
Training Costs/Opening Assistance Reimbursement $15,000 $35,000
POS System and Related Hardware and Software $27,000 $33,000
Digital Security System and Related Hardware and Software $7,700 $9,900
Security and Utility Deposits $2,200 $12,000
Business Licenses (excluding beer and wine license) $400 $1,200
Grand Opening Ad Expenditure $0 $2,000
Additional Funds (3 months) $19,900 $24,400
Total Investment $827,250 $1,409,500

Ongoing Expenses

Slim Chickens franchisees are responsible for the following ongoing expenses: a weekly royalty fee of 5% of gross sales, a weekly advertising fund contribution equal to 1.5% of gross sales, and a weekly local advertising spend/local advertising cooperative contribution of 1.5% of gross sales. Additional expenses include a Grand Opening advertising expenditure of at least $2,000 and a franchise renewal fee, among other fees.

What You Get: Training and Support

Before you open your Slim Chickens restaurant, up to four key personnel of your restaurant are required to attend and complete our Slim Chickens training program. Key personnel of the restaurant could include the franchisee, an Area Director, General Manager or Assistant Manager. Training ranges from two to four weeks (depending on the unit to be opened) and is conducted in Fayetteville, AR. The Slim Chickens training program is done in two parts: 1) Franchisee Ownership Training (which covers project management, franchise unit training, accounting, reporting, and office management) and, 2) Unit Operation Training (which covers operations, products knowledge, shift management, general accounting, and marketing). Both training programs have overlapping instruction, instructors, and hours, and collectively make up the Slim Chickens training program.

Territory

Slim Chickens does not grant exclusive territories.

Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2014 FDD.

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