How Much Does a Hangry Joe’s Hot Chicken Franchise Cost?
Data from the 2024 Franchise Disclosure Document
Investment Summary
Total Investment
$306K – $518K
Franchise Fee
$35K
Royalty
6.5%
Ad Fund
2.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Hangry Joe’s Hot Chicken is $35K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Hangry Joe’s Hot Chicken franchise requires a total investment of $306K – $518K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $15K to $25K.
Ongoing Costs
Beyond the initial investment, Hangry Joe’s Hot Chicken franchisees pay ongoing fees. The royalty fee is 6.5% of gross sales (Gross Revenues). The advertising or brand fund contribution is 2.0% of gross sales.
Net Worth & Liquid Capital Requirements
Hangry Joe’s Hot Chicken requires working capital of $15K – $25K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Hangry Joe’s Hot Chicken does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
How Do Banks View Hangry Joe’s Hot Chicken?
SBA Loans Issued
16
Default Rate
0.0%
The SBA (Small Business Administration) tracks loan performance for franchise brands. Hangry Joe’s Hot Chicken has 16 SBA-backed loans on record. The default rate is 0.0%, which is below the franchise industry average, indicating relatively lower lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
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