Here in Texas there's a relatively new chicken restaurant called Bush's Chicken.
I've looked at doing something like a restaurant franchise since i was in college but always concluded I could make more money selling my time to someone else. I believe I have thus far, but it's been a decade and these restaurants have seemingly exploded in the central Texas area, but have not yet branched into the more populated major cities just yet.
Does anyone have any experience here? I've also been curious what someone could make franchising an In and Out Burger that just entered Texas in the last 2 years. I don't believe they franchise though but there is always a line out the door, which to me is absurd as I'd never stand in that line for a burger, but people do it.
Here's some of the details from the Bush's Chicken website. Are these in line with standard franchise agreements for fast food restaurants?
Franchising Facts
Franchise Fee: $30,000 first location. $25,000
for each additional location
Royalty Fees: 5% of Gross Sales (excluding sales tax)
Agreement Terms: 10 years with one 10 year renewal
Average Unit Size: one acre lot and 3,000 square foot building