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Franchise Deep Dive: Dave's Hot Chicken Franchise Costs, Fees, Profit and Data

The Nashville-style chicken franchise stands out in the fast-casual segment due to its bold flavors, trendy design and mouth-watering social media presence.

By Jeff DwyerStaff Writer
8:08AM 07/10/24

LAST UPDATED: July 2024 
FRANCHISE WEBSITE: https://www.daveshotchicken.com/franchising/
NUMBER OF LOCATIONS: 152
REPORTED COST TO GET IN: $615,800 - $1,825,000
REPORTED ROI (Item 19): N/A

Dave's Hot Chicken is a Nashville-style hot chicken franchise that has grown from a food truck to a fast-casual phenomenon, offering a simple yet “crave-able” menu featuring chicken with varying heat levels and sides. 

How Many Dave's Hot Chicken Locations Are There?

Dave's Hot Chicken started as a bold venture in 2017 by a group of friends in Los Angeles — Dave KopushyanArman Oganesyan and Tommy and Gary Rubenyan — who came together with just $900 to set up a small food stand. The stand quickly gained popularity. Just one year later, an official Dave’s Hot Chicken restaurant was opened. The concept started to franchise not long after and saw rapid expansion, due in large part to its Instagram-worthy menu and resulting social media presence.

As of March 2024, there are more than 150 Dave’s Hot Chicken locations spanning four countries, including the United States, Canada, Qatar and the United Arab Emirates.

What Is Dave's Hot Chicken’s Business Model?

Dave's Hot Chicken leverages a fast-casual service model focusing on high-quality, Nashville-style hot chicken, accompanied by a streamlined menu. This model appeals to a broad audience with its straightforward yet diverse offering, including multiple heat levels to cater to varying spice preferences. The franchise benefits from a strong brand reputation, comprehensive training and support for franchisees and a turnkey operation, positioning it as an attractive opportunity in the fast-casual restaurant industry??.

How Much Can Dave's Hot Chicken Franchise Owners Make?

Dave's Hot Chicken does not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets.

How Much Does It Cost to Open a Dave's Hot Chicken Franchise?

The initial investment required to open a Dave’s Hot Chicken franchise ranges from $615,800 to $1,825,000. Prospective franchise owners must also actively own at least five other fast-casual franchise restaurants in the market area of interest. However, those interested in operating a Dave’s Hot Chicken franchise must not currently have ownership of a fried chicken concept.

What Is the Franchise Fee for Dave's Hot Chicken?

The initial franchise fee required to open a Dave’s Hot Chicken franchise is $40,000. Interested candidates must also have at least $2.5 million in liquid assets and a minimum net worth of $5 million.

Who’s On Dave's Hot Chicken’s Leadership Team?

What Helpful Articles Can I Read to Learn More About Dave's Hot Chicken?

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