Just six years into franchising, Slim Chickens has opened its 100th location.
The past 12 months have been a banner year for the booming franchise concept. Slim Chickens, which features dine-in and drive-through in the “better chicken” segment, celebrated nearly 20 franchise openings, launched its first food truck and expanded into new markets including Colorado, North Dakota and Memphis, Tennessee.
As the energy behind the brand heats up, experienced multi-unit franchise groups and private equity are taking notice. In 2019 alone, Slim Chickens inked eight multi-unit agreements totaling 80 units, bringing its development pipeline to over 350 locations. The brand also attracted an equity investment from 10 Point Capital, the private equity firm behind segment leader Tropical Smoothie Café.
“The momentum behind our brand is outstanding. We are flying past the 100-unit mark. As we look to next year, we have at least 30 franchise openings planned and exciting multi-unit franchise deals in the works,” says Executive Director of Franchise Development Jackie Lobdell. “We’re excited to surpass expectations as groups continue to take notice of our red-hot and differentiated brand, streamlined operations, strong unit economics and unmatched training program.”
Read the full story at QSR Magazine: https://bit.ly/2ExFIbM.