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Chick-fil-A
is an American fast food restaurant chain headquartered in the Atlanta suburb
of College Park, Georgia, specializing in chicken sandwiches. Founded in 1946,
it has been associated with the Southern United States, where it has become a
cultural icon. As of April 2012, Chick-fil-A has 1,614 restaurants in 39 U.S.
states, and the District of Columbia, and is focusing future growth in the American
Midwest and Southern California. The corporate culture is heavily influenced
by its founder’s Christian beliefs, and unlike the vast majority of fast food
franchises, Chick-fil-A is closed for business on Sunday.
Business model
Chick-fil-A
uses a model significantly different from other restaurant franchises, notably
in retaining ownership of each restaurant. Chick-fil-A selects the restaurant
location, builds it and retains ownership. Whereas franchisees from competing
chains pay almost $2 million up front to open a franchise, Chick-fil-A
franchisees need only a $5,000 initial investment to become an operator. The
company gets 10,000–25,000 applications from potential franchise operators for
60–70 slots they open each year. Chick-fil-A gets a larger share of revenue
from its franchises than other chains, but the formula works well for operators
– franchisees make an average of $190,000 per year. In 2010 Chick-fil-A took
the industry lead in average sales per restaurant, making an average of $2.7 million
per restaurant in 2010 (McDonald's was second with $2.4 million per restaurant)
Type
Private
Industry Restaurants
Founded 1946, first Dwarf House opened in
Hapeville, Georgia;
1967,
first Chick-fil-A opened in Atlanta, Georgia
Headquarters College Park, Georgia, U.S.
Number
of locations 1,600
Key
people S. Truett Cathy, Chairman,
CEO
Dan
T. Cathy, President, COO
Products Sandwiches, chicken entrées
Revenue US$4.0 billion (2011)
Website chick-fil-a.com
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