FranchiseVerdict
The Original Hot Chicken logo
FV-02682·CAUTIONExcellent81

The Original Hot Chicken

Food & Beverage - Quick ServiceFranchising since 2023Website
Investment
$215K – $698K
37th pct Quick Service
Avg revenue
60th pct Quick Service
Royalty
6.0%
46th pct Quick Service
Units
1
3rd pct Quick Service
SBA default

Bottom line

  • Total investment $215K – $698K including a $25K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 77/100.
  • Emerging franchise — only 3 years of franchising with 1 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
TOHC Franchising LLC
Parent company
TOHC Strategic Company LLC
Incorporated in
Delaware
HQ
2859 Paces Ferry Road, Suite 412, Atlanta, Georgia 30339
Auditor
Plante & Moran, PLLC
Audited financials
Franchisor revenue
$0
Most recent fiscal 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 The Original Hot Chicken unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: qsr
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $215K–$698K
Working capital
$
FDD reports $10K–$50K

Unlevered ROIC · per unit

22%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$487K
Payback
56 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.

Overview

About

Franchisees operate quick-service restaurants specializing in hot chicken sandwiches and related menu items. Day-to-day operations include food preparation, customer service, inventory management, and staff supervision in a limited-service format. The model targets fast-casual diners seeking spicy chicken offerings.

CEO
Aziz Hashim
Founded
2023
FDD year
2023
States available
1

Item 7 · what it costs

The Vitals

Total investment
$215K – $698K
All-in to open one unit
Liquid capital
$10K – $50K
Cash you must have on hand
Franchise fee
$25K
Royalty
6.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

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

Total units
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
Multi-unit owners
3.8%
2021
0±0
Franchised units
2022
0
Franchised units
2023
0
Franchised units

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

Item 20 · 6 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 · 6 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.

No SBA loan data available for this brand.

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

Risk & Legal

77
Risk · 0-100
CAUTION77 / 100

Single-unit franchise with going concern status, no financial transparency, and no growth track record presents extreme execution and franchisor stability risks.

Score breakdown · what drove the 77 / 100 rating

  1. 01HIGHGoing Concern issue — franchisor may have serious financial/operational viability problems
  2. 02MINOROnly 1 operating unit — no proven system scalability or multi-unit success track record
  3. 03MINORNo financial disclosure (Item 19) — cannot validate $215K-$698K investment ROI claims
  4. 04MINORWide investment range ($482K spread) — suggests inconsistent unit economics or undefined costs
  5. 05MINORUnknown unit growth trajectory — signals stagnation or potential contraction
  6. 06MINORMinimal franchise fee ($25K) relative to total investment — may indicate franchisor under-capitalization

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
Required
Governing law
Delaware

Item 11

Training & Operations

Classroom training
10 hrs
On-the-job training
38 hrs

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

9 numbers

Locked
(404) 499-••••
The franchisor is TOHC Franchising LLC,
GA
(415) 972-••••
One Sansome Street, Suite
CA
(213) 576-••••
Suite
CA

One-time purchase · CSV download · Validation questions included

FDD download

The Original Hot Chicken · FDD (2023) PDF

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