Bottom line
- Total investment $682K – $1.5M including a $40K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 18 loans (below the industry average).
- System growing at 633.3% CAGR over 3 years with 24 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Big Chicken unit return on the cash you put in?
Unlevered ROIC · per unit
10%
Below typical band (30–60%)
Overview
About
Franchisees operate quick-service chicken restaurants, likely featuring a signature chicken product line (possibly fried, sandwiches, or prepared chicken offerings). Day-to-day operations include food preparation, inventory management, point-of-sale transactions, staff scheduling, and customer service in a fast-casual or QSR format.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 19 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage chicken concept with active franchisor litigation, no financial transparency (Item 19), questionable franchisor stability (going concern flag), and unproven unit economics despite substantial capital requirement.
Score breakdown · what drove the 54 / 100 rating
- 01HIGHActive litigation (breach of contract + counterclaim) involving franchisor creates legal/operational uncertainty and potential precedent risk
- 02MINORNo Item 19 financial disclosure (avg revenue/net income) prevents ROI validation despite $681.5K-$1.5M+ investment requirement
- 03HIGHGoing Concern = False suggests franchisor financial instability or accounting irregularities warranting deeper investigation
- 04MINORRapid unit growth (120% YoY) to only 24 units indicates very early-stage system with minimal operating history and scalability unproven
- 05MEDHigh royalty rate (6%) combined with undisclosed profitability creates cash flow risk if franchisee unit economics are marginal
- 06MINORAbsence of multi-unit franchisees or mature locations limits ability to validate long-term unit economics
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
45 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Big Chicken · FDD (2025) PDF