FranchiseVerdict
Huey Magoo’s Chicken Tenders logo
FV-01248·STRONGExcellent91

Huey Magoo’s Chicken Tenders

Food & Beverage - Full ServiceFranchising since 2016Website
Investment
$933K – $3.0M
86th pct Full Service
Avg revenue
$2.1M
44th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
71
78th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $933K – $3.0M including a $35K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $2.1M/year (median $2.1M).
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 21 loans (below the industry average).
  • System growing at 64.3% CAGR over 3 years with 71 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Huey Magoo’s Restaurants, LLC
Incorporated in
Delaware
HQ
6220 Hazeltine National Dr., Suite 110, Orlando, FL 32822
Auditor
SCHAFER, TSCHOPP, WHITCOMB, MITCHELL & SHERIDAN, LLP
Audited financials
Franchisor revenue
$13.5M
vs $9.8M prior year

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 Huey Magoo’s Chicken Tenders unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,132,164
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $933K–$3.0M
Working capital
$
FDD reports $50K–$97K

Unlevered ROIC · per unit

17%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$341K
EBITDA margin
16.0%
Total invested
$2.0M
Payback
72 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Huey Magoo’s Chicken Tenders units return on equity?

Edit assumptions

Equity IRR · 5-yr

30.0%

3.72× MOIC

Year-1 DSCR

2.68×

EBITDA ÷ debt service

Equity required

$8.4M

on $19.2M purchase

Total debt

$10.8M

SBA $5.0M + senior + seller note

SBA 7(a) request ($9.6M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate quick-service chicken tender restaurants featuring customizable tenders, signature sauces, and sides. Day-to-day responsibilities include managing kitchen production, order fulfillment, staff scheduling, inventory control, and customer service in a high-volume format. Owners typically oversee 15-25 employees across lunch and dinner service periods.

CEO
Andrew Howard
Founded
2015
FDD year
2025
States available
12

Item 7 · what it costs

The Vitals

Total investment
$933K – $3.0M
All-in to open one unit
Liquid capital
$50K – $97K
Cash you must have on hand
Franchise fee
$35K
Royalty
5.0%
Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.1M
Per unit, per year
Median gross sales
$2.1M
Item 19 type
Gross Revenues
Sample size
52 units
vs category median 15 · large
Range (low → high)
$719K$3.6M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank44th
vs Food & Beverage - Full Service peers
Investment cost rank86th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank78th
vs Food & Beverage - Full Service peers
Risk score rank6th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
71
Opened
16
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
+27.8%
Net unit change last year
3-yr CAGR
+64.3%
Compounded over last 3 years
2023
69+16
Franchised units
2024
54
Franchised units
2025
42
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 11 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 11 states
Not registered

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.

Total loans
21
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

Huey Magoo's presents moderate-to-cautionary risk: rapid growth, undisclosed profitability, large capital requirements, and insufficient unit maturity limit due diligence confidence.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNet income not disclosed in Item 19 — unable to validate actual profitability claims against $2.13M average revenue
  2. 02MEDHigh initial investment range ($933K-$3M) with 5% royalty creates significant breakeven burden without disclosed profit margins
  3. 03MINORRapid unit growth (27.8% YoY) may indicate aggressive expansion outpacing operational support or franchisee success validation
  4. 04MINORSmall unit base (71 locations) limits statistical reliability of 'average revenue' figure and increases volatility risk
  5. 05HIGHNo going concern statement — ambiguous franchisor financial health despite rapid growth claims

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Florida

Item 11

Training & Operations

Classroom training
62 hrs
On-the-job training
172 hrs
POS system
Qu POS System
Operating tech stack

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

58 numbers

Locked
(470) 260-••••
GA
(470) 462-••••
GA
(386) 256-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

Huey Magoo’s Chicken Tenders · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above