Haven Hot Chicken
Bottom line
- Total investment $407K – $868K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.9M/year (median $2.0M). Estimated payback in 1.6 years.
- Rated MODERATE with a risk score of 60/100.
- Emerging franchise — only 1 year of franchising with 9 units. Early-stage systems carry higher risk but may offer better territory availability.
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 Haven Hot Chicken unit return on the cash you put in?
Unlevered ROIC · per unit
40%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Haven Hot Chicken units return on equity?
Equity IRR · 5-yr
36.9%
4.81× MOIC
Year-1 DSCR
2.24×
EBITDA ÷ debt service
Equity required
$4.4M
on $13.5M purchase
Total debt
$9.0M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate quick-service hot chicken restaurants, likely managing food preparation, inventory, staffing, and point-of-sale operations. Day-to-day activities include preparing specialty hot chicken dishes, managing customer service, maintaining food safety standards, and handling local marketing within their protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Haven Hot Chicken presents moderate-to-high risk: a tiny, financially distressed franchisor with unproven unit growth, high capital requirements, and no independent financial validation.
Score breakdown · what drove the 60 / 100 rating
- 01HIGHGoing Concern status indicates potential financial distress at franchisor level despite positive unit economics
- 02MEDOnly 9 units system-wide suggests minimal scale, limited support infrastructure, and unproven replicability
- 03HIGHNo disclosed litigation combined with Going Concern raises questions about financial transparency and potential undisclosed disputes
- 04MINORUnknown unit growth trajectory makes it impossible to assess system momentum or validate franchisee success sustainability
- 05MINORHigh initial investment ($407k–$868k) relative to small system size creates concentration risk if franchisor fails
- 06MINORNo Item 19 financial performance representation limits ability to validate claimed $408k average net income independently
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
4 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Haven Hot Chicken · FDD (2025) PDF