Mad for Chicken — Item 7

Mad for Chicken estimated initial investment $321,125–$691,700, Full restaurant, 2,000–4,000 sq ft. Line items from the filing.

Figures from FDD issued 12 March 2025, disclosure year 2025. The labels and amounts below follow the filing rather than a standardized restaurant budget.

$321,125–$691,700Estimated initial investment
3 monthsStated working-capital period
14Disclosed line items

Full restaurant, 2,000–4,000 sq ft. This format statement belongs with the range: footprint, site type, and development commitment can make a similarly named row cover a different project in another filing.

What this table is

A 2,000–4,000 square-foot full restaurant, mostly company-operated. Ten of twelve outlets in the 2025 filing were company-owned. Item 19 is revenue only, and the filing excluded six outlets that closed during 2024 because they did not complete the year. The Express Model and the Multi-Unit Development Agreement are separate tables in the same document; mixing their lows with this high manufactures a spread the franchisor did not print. The brand fund and media fee can each rise to 2%.

Line items as filed

Type of expenditure Low High
Initial Franchise Fee $35,000 $35,000
Your Training Expenses $4,000 $10,000
Lease & Utilities deposits $15,500 $37,500
Architectural Plans $10,000 $20,000
Leasehold Improvements $75,000 $235,000
Furniture $85,000 $110,000
Signage $5,500 $9,500
Business Licenses and Permits $2,500 $5,000
POS System $3,000 $15,000
Initial Inventory $14,250 $28,200
Professional Fees $2,500 $7,000
Grand Opening Advertising $15,000 $15,000
Insurance $2,500 $2,500
Operating Expenses / Additional Funds - 3 months $51,375 $162,000
Total printed in filing $321,125 $691,700

What this table can and cannot compare

The table answers what this filing put into Item 7. It does not establish a contractor's price, a lender's uses schedule, or the cash needed through break-even. Rows such as a restaurant or fixture package should remain bundled unless the filing itself breaks them apart. A disclosed zero remains zero; a cost the filing does not state remains absent rather than being estimated here.

How a consultant should brief this table

  1. Name the format and filing year before the total. A 1,200 sq ft counter shop and a full restaurant are different projects even when the ranges overlap.
  2. Keep the original row labels. Do not split a restaurant package into guessed equipment and construction lines.
  3. Read every footnote against the low column. A $0 low estimate is usually an assumption about the site, not a free cost.
  4. Add both columns yourself. If the lines do not equal the printed total, record both numbers and stay with the document.
  5. Replace the table with a site budget: lease and landlord work, contractor scope, equipment quotes, opening inventory, and cash through the stated additional-funds period.

Carry the same questions to reading Item 7, range interpretation, the printable worksheet, and working capital.

Questions to carry into diligence

  • Which low-end assumptions depend on a reusable site, landlord contribution, discount, or smaller format?
  • Which freight, tax, installation, design, permit, and pre-opening costs sit inside a package?
  • What begins rent, and which occupancy costs continue beyond the initial period?
  • How did recent franchisees' actual opening costs and ramp periods differ from this estimate?