San Antonio spends big to block Chick-Fil-A, new survey shows majority of Americans skeptical of capitalism
In a new survey from PR firm Edelman 56 percent of Americans said capitalism ‘does more harm than good’ and 47 percent distrust capitalism. San Antonio reportedly spend $315 thousand to block Chick-Fil-A from opening a location in the city’s airport.
How much does it cost to open your own Chick-fil-A franchise?
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Proof that you're a self-starter with a good personal finance track record — and $10,000.
WHO STARTED CHICK-FIL-A?
Chick-fil-A, the nation's top fast-food chain, relies on a franchise business model. The company calls its franchisees "operators" and warns such a business move is not for the passive investor.
It's one of the most affordable franchises to invest in, too, although the competition is fierce. McDonald's and Kentucky Fried Chicken have a $45,000 franchise fee, while Burger King has a $50,000 franchise fee.
Employees prepare fried chicken sandwiches for guests during an event ahead of the grand opening for a Chick-fil-A restaurant in New York, U.S., on Friday, Oct. 2, 2015. Photographer: Michael Nagle/Bloomberg via Getty Images 5 THINGS TO KNOW ABOUT CHICK-FIL-A, THE CHICKEN SANDWICH CHAIN Many of those brands have additional requirements too, like KFC, which states that franchisees have $750,000 in liquid capital and a $1.5 million net worth. Chick-fil-A operators must pass a multi-week training course. Chick-fil-A representatives travel around the country to conferences and seminars to recruit operators. CHICK-FIL-A INFURIATES CONSERVATIVE CUSTOMERS BY CAVING TO LGBTQ PROTESTS The Atlanta-based company is currently looking to grow its presence in Los Angeles, Long Island, Southeast Florida and a number of other locations around the U.S. CLICK HERE TO READ MORE ON FOX BUSINESS Chick-fil-A opened its first Canadian location in Toronto and its first U.K. location in Berkshire, England, in 2019, according to Business Insider. It's worth noting that opening a franchise in Canada requires an initial investment of 15,000 Canadian dollars. FOX Business' Ann Schmidt contributed to this report. GET FOX BUSINESS ON THE GO BY CLICKING HERE Source: Read Full Article