US to Receive 60 Slim Chickens Restaurants from Burger King Franchisee

US to Receive 60 Slim Chickens Restaurants from Burger King Franchisee

Al Cabrera, a Burger King franchise partner, has reportedly secured a deal with fast-casual restaurant company Slim Chickens to open 60 locations in the United States.

Cabrera will open 40 locations in Indiana and 20 in Florida as part of the deal, Franchise Times reported.

It is believed to be the company’s largest franchise arrangement to date. Slim Chickens is situated in Arkansas and now operates approximately 150 locations.

An initial expenditure of between $1.1 million and $3.4 million will be required to open a single fried chicken concept business.

According to the franchise disclosure paperwork for the business, the average unit volume last year was $1.8 million.

Cabrera signed the deal following ‘extensive due diligence,’ which included an in-depth review of the startup costs, consumer segment analysis, and regional competition.

He also told the publication that he is unconcerned about competition in the quick-service chicken industry, stating that Slim Chickens’ “superior quality” will set them apart.

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Cabrera continued, “There is enough business for everyone.” I’m from the hamburger business, so I’m not unfamiliar with the competition.”

Cabrera, a Burger King franchise partner, sold Heartland Food’s 240 Burger King locations to GSO Capital Partners in 2006. He is currently the owner of six Burger King locations in Florida.

Slim Chickens, founded in 2003, serves chicken tenders, sandwiches, wings, wraps, chicken & waffles, and salads, among other things.

10 Point Capital, a private equity firm, invested in the restaurant chain in 2019 to support the chain’s plans to open 600 new locations over the next decade.

This month, California Pizza Kitchen launched its first domestic franchise programme to expand its domestic market presence through franchising opportunities.

 

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