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Thursday
May272010

CHOOKS Franchise

BBQ and fried chicken restaurant

Start-up Costs & Franchises Fees

What is the total cost to open a CHOOKS Franchises?

Total Cost: $300,615
Total Franchise Fees: $52,500
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees: 4% + 1% local
Term of Agreement: 5+5+5=15

Contact Information for CHOOKS

CHOOKS
15 Stirling Axis
51 Cedric Street
Stirling, WA
6021

Phone Number: (08) 9440 5877
Fax Number: (08) 9440 5977

Franchise Homepage:

Historical Expansion

In what year did CHOOKS begin operations? 1991
When did CHOOKS begin selling franchises? 1991

Year United States Canada International Corporate
2007 0 0 21 0

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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