Why Are My Chick-fil-a Locations Not Growing?
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- เผยแพร่เมื่อ 28 ก.ค. 2024
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I have been in commercial real estate for 20 years. Average Chick Fil A does about 5 million in annual sales per location. This caller did not mention where these Chick Fil A's were (rural, small suburban, strong suburban, urban core). Also the caller did not mention if these were single drive thru, double, or the new triple format. New triple format has 2 lanes for regular in place ordering and then dedicated 3rd lane for mobile orders, food pick up like door dash etc. They want separate lanes so do not get bogged down with multiple functions. If sales are not great at these locations it could be a function of access, sightlines from the road, small town, oversaturation of competition in the area, parcel too small, inferior site. Even if sales are great at a Chick Fil A they will often move if a stronger location presents itself for more rent because the anticipated extra sales can be worth it to them. Generally in food sales before food and labor you want rent at no more than 10% in sales. If annual sales 1 million rent not more than 100k (10%). Anything more than that start getting into the danger zone. If you are doing 7% rent to sale ratio that is good, 5% and below is usually highly profitable and crushing it. There are often breakpoints to business. For example a Dominos pizza doing 11,000 a week in sales and one doing 20,,000 could be the difference in one breaking in and another making 500k profit. Once you cover most fixed expenses than extra sales past that is a little more food and labor and mainly pure profit. Truett Cathy when he was alive came to our high school in the early 90's and there were about 20 of us students in an economics class and he talked and told his whole life story and took questions at the end. Basically he said if the product is excellent quality then it's all about customer service and making the product a goal of trying to achieve perfection each time.
You’re the reason I love checking out TH-cam comments. Thank you.
AUV at CFA is well north of 5 mill these days
I appreciate your wisdom here. Very fascinating points. Craziest one is about added voluminous being mostly profit. The difference in profit from a $2m place and a $4m place isn’t just double the profit, or can actually be 4x+
volume*…
Thanks Andrew, I was thinking the same thing
I'm only half way through the video and already craving Chick Fil A.
3:07 such a golden nugget right here!
Pardon the pun...
I havent been to one before, but I wonder why 2 chick fil las' need 150 workers.
Lots of part-time employees to cover all shifts.
14 year olds can only work so many hours
Lots of restraunts are like this about 20 core full time, the other 50 or so usually half are part time the other half come in maybe once a week.
You have never been to a CFA?!? Whoa! you are truly missing out on the best chicken sandwhich (and iced coffee) around.
But to answer your question, they need lots of workers to keep production quality and customer service levels at their best...and I like to make lots of friends when I visit the local CFA. 🙂
Even during extremely busy times a Chick fil la has never been slow on my order or service... that requires a lot of people working in the back. They have a lot of people preparing and cooking chicken. lol.
Check out the two locations in Joplin, MO. Quality operations.
Philadelphia is a heroin hellscape. I would not put any new locations for anything in Pennsylvania right now. Chick Filet is niche brand and it doesn’t work in low income markets like McDonald’s does.
McDonald's is getting so expensive, it will soon have that problem.
@USMC6976 and the food keeps getting worse even though you think it can't
@@israelrivers8280 that more of Philly thing. The quality in my area has improved over the years and is good to excellent. McDonald’s and especially Burger King. I don’t eat at chick filet that often because I just don’t see the value in a $14 chicken sandwich meal.
Their price of chicken 🍗 is about 1000% over what it should be.
Haven't bought any fast food in 10 years.
You're a hero. 🤡🤡🤡
No one cares
I got tired of the food. The quality seems to have slipped.
CFA quality has slipped, and the prices have gone up too much in the past couple years. I stopped going a year or so ago.
I went a few weeks ago amid all the hype and I was completely underwhelmed. Small-ish sandwich, fries completely average and it wasn't cheap. Took a good 8-10 minutes and I'm still wondering what the buzz is all about
It’s expensive, bland, small, and the company donates to causes that fight against basic rights for lgbt people. They don’t get a dime from me.
The tenders are 10x better than the sandwiches
The quality has gone down, especially since the pandemic. Now, the waits are long, prices are high and the food quality and service has gone down a notch or two.
8-10 mins? In SoCal, you're waiting 30+mins lol
I'm willing to wait, love the food, and the anti LGBT stuff is just a bonus.
I didnt know John Malkovich worked at Chic Fil A. 😂
Pay the cook his money
KENSINGTON RULES 😂😂
Let’s put a Chick-fil-A in heroine capital of America. We should get some great employees.
May be a market issue
Sup Kane?
@@nicholaslambert6390 C. I. Double Agent Kane brother
They're too slow to get lunch there even if your work is flexible and you can push a 30min break to 45min CFL won't even have the chicken killed in 45min. Also they cost an arm and a leg I'm not gonna spend $16 for a weekday meal by myself McD and Tbell and Publix deli all have modest meal options between $5-7. Have to choose your location where people have time and money to burn not blue collar people on a lunch clock.
Because growing shouldn’t be the only goal.
They are struggling with quality on scale.
But I still respect them for being off Sundays.
The Lord won’t bless or increase their revenue because of this.
A good question God deals with individuals in a way to make them turn from their sin and turn towards Him
He does this with nations too.
But does He do that with Corporations.
Corporations are driven by one thing at the end of the day. Money.
A corporation can’t be Christian. Only a person.
These people always looking at their pocket book and not at the Lord.
I think people are eating less fast food....especially because it's now overpriced. 10 dollars for a chick fil a meal. Nah. Things change and maybe people are just eating less fried chicken. wahhh
I bought Chick Fil A on a road trip last weekend... Nugget meals for me and my two kids... Kids meals with fruit cups was almost $50 WHAT!!!! these are small chicken nuggets
@@williamroth5640 It's good, but pricey ha. Or maybe I just remember what fast food used to cost. Now it's unhealthy and expensive
The food is terrible…
Lol. Dude has such an inflated title for only 2 locations 😂
Losing 4 days a month of revenue might contribute
Actually the average Chick-fil-A makes triple what a 24/7 McDonald's does. I think it could be a location problem.
Ever craved chick filet and said “damn it’s Sunday”. I have. And THAT moment solidifies demand for future consumption. Not alone but it helps
Ok Satan.
@@israelrivers8280 BULLSHITT, eat more BEEF.
Because its a horrible company!!!!
The management has embraced the socialist DEI. I stopped going last year.
Im gay, and chic filet was actively funding anti gay marriage campaigns. When that leaked I still went to chic filet. They make good food, have great service, and I respect their no work on Sundays policy. Conservatives are the ones who are obsessed with cancel culture. You quite going because they “embrace Diversity, Equality, and inclusion.” I kept going despite the fact they were actively trying to take away my right to over 10,000 legal benefits that are tied to marriage. Many of these can be achieved through wills and power of attorneys, but not all and not all solidly protected. I had something to lose you are just a whiny child.
What does that even mean?
@jimmycrackcorn99 look it up.
Diversity, equity, and inclusion
@@jimmycrackcorn99it means he wants more to see more white employees there