About Love & Honey Fried Chicken Franchise
Love & Honey Fried Chicken is a fast-casual restaurant concept specializing in hand-dredged, freshly prepared southern-style fried chicken.
Franchisees operate establishments offering a diverse menu of white and dark meat options, sandwiches, sides, and desserts to the general public seeking fresh, quality food.
The brand's appeal lies in its distinctive interior and exterior design, proprietary recipes, and commitment to high customer service standards.
Love & Honey Fried Chicken Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000.00 | One-time payment upon signing |
| Royalty Fee | 6% of weekly Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently 3% of weekly Gross Revenue (up to 4% of Gross Revenue) for Brand Fund Contribution; A minimum of 1% of monthly Gross Revenue for Local Marketing and Advertising; Currently 0% (subject to an increase to 1% of your monthly Gross Revenue) for Advertising Cooperative. | National brand fund |
| Total Investment Range | $518,900 – $749,700 | Includes build-out, inventory, working capital |
The investment range of $519K–$750K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of weekly Gross Revenue) and marketing fee (Currently 3% of weekly Gross Revenue (up to 4% of Gross Revenue) for Brand Fund Contribution; A minimum of 1% of monthly Gross Revenue for Local Marketing and Advertising; Currently 0% (subject to an increase to 1% of your monthly Gross Revenue) for Advertising Cooperative.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $40,000 | $40,000 |
| Your Training Expenses | $1,000 | $12,000 |
| Lease & Utilities deposits | $18,500 | $23,000 |
| Architectural Plans | $10,000 | $20,000 |
| Leasehold Improvements, Construction and/or Remodeling | $120,000 | $215,000 |
| Furniture, Fixtures, and Equipment | $252,800 | $305,800 |
| Office Supplies and Equipment | $1,000 | $4,000 |
| Signage | $5,000 | $15,000 |
| Business Licenses and Permits | $1,000 | $1,200 |
| POS System and Software | $5,000 | $12,000 |
| Security Systems | $3,000 | $5,000 |
| Initial Inventory | $10,000 | $10,000 |
| Professional Fees | $5,800 | $10,500 |
| Real Estate Transaction Management | $0 | $5,000 |
| Grand Opening Advertising | $5,000 | $10,000 |
| Insurance | $800 | $1,200 |
| Operating Expenses / Additional Funds | $40,000 | $60,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | For transfers to: (i) an entity or individual that is new to the System, 75% of the then current Initial Franchise Fee; (ii) an entity or individual that is already an existing owner in the System, 50% of the then current Initial Franchise Fee; and (iii) an entity owned and controlled by the franchisee for convenience purposes without changing the majority ownership in the franchisee entity, $1,500. |
| Renewal Fee | 25% of the then current Initial Franchise Fee |
| Technology Fee | Up to $400 per month. Currently $100 per month. |
| Audit Fee | Actual cost of examination plus related expenses. |
| Late Charge | $250 |
| Interest Charge | 1.5% per month from due date, or maximum allowed by law |
| Non-Sufficient Funds Fee | $250 |
| Relocation Fee | 50% of the then current initial franchise fee |
| Extension Fee | $5,000 |
| Additional Training | $1,500 per person |
| Remedial Training Fee | Our then-current trainer per diem rate plus expenses. Our current per diem rate is $500 per day, plus travel and other expenses. |
| Interim Management Support Fee | 10% of Gross Revenue during interim management or $2,000 per week, whichever is greater. |
| New Product Evaluation Fee | $750 or the actual cost of testing and research, whichever is greater. |
| Quality Review Services | Up to $450 per quarter |
| Indemnification | Amount of loss or damages plus costs |
| Reimbursement of Cost and Expenses for Non-compliance | Actual costs and expenses |
| Reimbursement of legal fees and expenses | Our costs and expenses, including but not limited to attorneys’ fees, incurred for your failure to pay amounts when due or failure to comply in any way with the Franchise Agreement. |
| Confidential Operating Manual Replacement Fee | $250, or our then-current fee |
| Insurance | Amount paid by us for your insurance obligations |
| Taxes | Amount of taxes |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | ten (10) - day |
| Classroom Training | 16 |
| On-the-Job Training | 130 |
| Training Location | at a Love & Honey Fried Chicken outlet in Philadelphia, Pennsylvania operated by one of our affiliates, and/or at another affiliate-owned or franchised-owned outlet, in our discretion |
| Additional Training | Franchisor may offer mandatory and/or optional additional training programs from time to time. If required by Franchisor, Franchisee, or Franchisee’s principals shall participate in the following additional training: (i) on-going training at a location designated by Franchisor. (ii) a national business meeting or annual convention at a location designated by Franchisor. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | The scope and size of the Territory will be determined in our sole discretion, based on factors such as general location, traffic patterns, parking availability, size of site, access, visibility, area demographics, population density, surrounding commercial activity, and market demands. At a minimum, the Territory may be limited to the outlet premises or the retail building where it is located. |
| Description | The scope and size of the Territory will be determined in our sole discretion, based on factors such as general location, traffic patterns, parking availability, size of site, access, visibility, area demographics, population density, surrounding commercial activity, and market demands. At a minimum, the Territory may be limited to the outlet premises or the retail building where it is located. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | up to two (2) additional term of five (5) years each |
| Renewal Fee | 25% of the then current Initial Franchise Fee |
| Renewal Conditions | Be in full compliance, have no more than three (3) events of default during current term, provide written notice to us at least six months before the end of the term, execute a new franchise agreement, pay the Successor Agreement Fee of 25% of the then current Initial Franchise Fee, continue to have the right to occupy the premises or have received approval from us to relocate, remodel your Franchised Business location, execute a general release, comply with then-current qualifications and training requirements, including completion of additional training. You may be asked to sign a new Franchise Agreement with materially different terms and conditions than your original Franchise Agreement. |
| Transfer Fee | For transfers to: (i) an entity or individual that is new to the System, 75% of the then current Initial Franchise Fee; (ii) an entity or individual that is already an existing owner in the System, 50% of the then current Initial Franchise Fee; and (iii) an entity owned and controlled by the franchisee for convenience purposes without changing the majority ownership in the franchisee entity, $1,500. |
| Transfer Conditions | Conditions include: our decision not to exercise our right of first refusal; transferee meets our then-current standards for qualifying franchisees; transferee signs our then-current form of Franchise Agreement, which may have materially different terms from your Franchise Agreement; transferee and its general manager successfully complete our Initial Management Training Program; you have paid us and third-party creditors all amounts owed; you and the transferee sign a General Release in the form of Exhibit C to the Franchise Agreement; you shall subordinate any claims you have against the transferee to us; you will indemnify us for a period of 3 years following the transfer; our approval of the material terms and conditions of the transfer; landlord’s consent of a lease assignment, if applicable; payment of a transfer fee equal to 50% - 75% of the then current franchise fee. |
| Termination for Cause | We may terminate only if you default. The Franchise Agreement describes defaults throughout. Specific non-curable defaults are listed in Section 17.2. |
| Non-Compete Period | During the term of this Agreement and for 24 months after the termination of the Franchise Agreement |
| Non-Compete Details | You may not: divert, or attempt to divert, customers of any Love & Honey Fried Chicken outlet (including yours) to any competitor, participate in any capacity, including, but not limited to as an owner, investor, officer, director, employee or agent, in any competing business; do any act that could damage the goodwill of our trademarks or System, or disrupt or jeopardize our business or that of our franchisees. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Your Love & Honey Fried Chicken outlet must be directly supervised by a general manager who is either the Franchisee or, if the Franchisee is an entity, at least a 10% shareholder in the franchisee entity. Your general manager must successfully complete our Initial Management Training Program and all other training courses we require. Your manager must devote full time and attention to the job and cannot have an interest or business relationship with any of our competitors. |
| Required Suppliers | We have identified various suppliers, distributors and manufacturers of equipment, fixtures, furnishings, ingredients, supplies and services that your Franchised Business must use or provide which meets our standards and requirements. |
| Supply Restrictions | You must purchase all equipment, fixtures, furnishings, ingredients, supplies and services, including computer systems and certain software, from our designated suppliers and contractors or in accordance with our specifications. |
| Franchisor Revenue from Suppliers | We have received no revenue from required purchases by franchisees for the most recent fiscal year ending on December 31, 2022. None of our Franchisor officers own any interest in any approved or designated supplier for any product, good, or service that you are required to purchase for the operating of your Franchised Business. We do not receive any other revenue, rebates, discounts or other material consideration from any other supplies based on your required purchases of products, supplies or equipment; however, we may do so in the future, and any rebates or discounts we receive may be kept by us in our sole discretion. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any note, lease, or obligation on your behalf. |
Love & Honey Fried Chicken Franchise Earnings — Item 19
Love & Honey Fried Chicken does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Love & Honey Fried Chicken Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Love & Honey Fried Chicken System Growth
Love & Honey Fried Chicken currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | 1 |
| 2021 | 0 | 0 | 1 |
| 2022 | 0 | 0 | 1 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 16 states: CA, CT, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by JPizars – CPA & Business Consultants LLC for year ending December 31.
Love & Honey Fried Chicken Franchise — FAQ
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