Fried Chicken Master Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Fried Chicken Master is a quick-service franchise serving Taiwanese-style fried chicken and sides. Franchisees run the restaurants, managing food prep, staffing, and counter service.
FranchiseVerdict summary · 2026
A Fried Chicken Master franchise requires a total initial investment of $239K – $381K and an ongoing 4.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $239K – $381K
- 35th pct Service Resta…
- Avg gross sales
- N/A
- 0 outlets
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 0
- 0th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $239K – $381K, 4.0% ongoing royalty.
- RETURNSFranchisor is A Qin LLC (single-member LLC), a startup with one franchise (Canada) that ceased operating. Audited statements by DLEE Accountancy, Inc. cover FY2024/2023/2022 but are heavily OCR-garbled in the source text and could not be read reliably. Balance-sheet figures here are taken from the CLEAN unaudited interim balance sheet as of May 31, 2025 (assets 195,301 = liabilities 110,000 + equity 85,301, reconciles for the same entity, A Qin LLC). Revenue/net income are from the unaudited interim Profit & Loss for Jan-May 2025 (Total Income 12,527 = franchise fees 12,500 + interest 27; Net Loss -7,205); these are a 5-month partial period, not a full audited year. Figures already in whole US dollars (statements not in thousands).
- RISKVerdict C (Average), verdict score 39/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- A QIN LLC
- Parent company
- Super Qin Private Ltd.
- CEO title
- Chief Executive Officer and Manager
- Ching-Lun Chou
- Incorporated in
- CA
- HQ
- 2055 Junction Avenue, Suite 100, San Jose, California 95131
- Auditor
- DLEE Accountancy, Inc.
- Audited financials
- Franchisor revenue
- $13K
- vs $31K prior year
Overview
About
- CEO
- Ching-Lun Chou
- Headquarters
- CA
- Founded
- 2019
- FDD year
- 2025
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 53% below the typical quick-service restaurants franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Working capital (3–6 mo) | $30K | $60K |
| Equipment, build-out, other | $209K | $321K |
| Total initial investment | $239K | $381K |
Source: Fried Chicken Master 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $239K – $381K
- Top 40% of category vs category
- Liquid capital req'd
- $30K – $60K
- Middle of category vs category
- Franchise fee
- N/A
- Paid to franchisor at signing
- Royalty
- 4.0%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 5.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Training fee | $6K |
| Transfer fee | $10K |
| Renewal fee | $25K |
| Inventory (initial) | $10K – $20K |
| Total fee load | 5.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Fried Chicken Master did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Fried Chicken Master unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
36%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Franchisor is A Qin LLC (single-member LLC), a startup with one franchise (Canada) that ceased operating. Audited statements by DLEE Accountancy, Inc. cover FY2024/2023/2022 but are heavily OCR-garbled in the source text and could not be read reliably. Balance-sheet figures here are taken from the CLEAN unaudited interim balance sheet as of May 31, 2025 (assets 195,301 = liabilities 110,000 + equity 85,301, reconciles for the same entity, A Qin LLC). Revenue/net income are from the unaudited interim Profit & Loss for Jan-May 2025 (Total Income 12,527 = franchise fees 12,500 + interest 27; Net Loss -7,205); these are a 5-month partial period, not a full audited year. Figures already in whole US dollars (statements not in thousands).
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 5.0% — below the Quick-Service Restaurants average of 7.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How Fried Chicken Master Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 0
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Company-owned
- 0
- Corporate units in the system
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 0
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Zero-unit franchise system with undisclosed financials, going concern issues, and unproven business model represents extremely high execution risk for franchisees with no operating comparables to validate investment thesis.
Litigation (Item 3)
No litigation required to be disclosed.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · DLEE Accountancy, Inc.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 39 / 100 verdict
- 01MINORZero existing franchise units indicates brand has never successfully scaled or is newly launched with unproven model
- 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment and suggests franchisor may lack performance data
- 03HIGHGoing Concern status is FALSE, indicating potential financial instability or operational uncertainty at corporate level
- 04MINORHigh investment range ($239K-$381K) relative to unknown revenue potential creates asymmetric risk
- 05MINOR5-year term is shorter than industry standard (10 years), suggesting either experimental concept or franchisor risk mitigation
- 06MINORInability to validate claims against existing franchisee performance data
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 5.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Santa Clara County, California |
| Jury trial waiver | Yes |
| Governing law | CA |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed.
Items 10, 11
Training & Operations
- Classroom training
- 32 hrs
- On-the-job training
- 80 hrs
- Training location
- Taoyuan, Taiwan (classroom); franchisee's first Store (OJT)
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisee selects; franchisor must approve in writing
- Franchisor financing
- Not offered
- Item 10
- POS system
- REVEL POS System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: REVEL POS System
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Fried Chicken Master franchise?
The total investment to open a Fried Chicken Master franchise ranges from $239K – $381K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Fried Chicken Master franchise owners earn?
Fried Chicken Master does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Fried Chicken Master FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Fried Chicken Master FDD and qualifies whose outlets they describe.
What is Fried Chicken Master's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Fried Chicken Master (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
Is Fried Chicken Master a good franchise to buy?
FranchiseVerdict rates Fried Chicken Master as a C-grade franchise with a verdict score of 39 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.