This brand has succeeded in the opening over 500 restaurants across different locations. Raising Cane's is hiring a Regional Leader of Training - Cincinnati in Cincinnati, Ohio. However, after this period elapses, you have the option to renew. Other qualities include having people skills. This comes with a total initial investment range starting from $768,100 to $1,937,500. Required fields are marked *, Red Rooster Franchise Cost And Opportunities, A & W Restaurants Franchise Cost And Opportunities, Saladworks Franchise Cost And Opportunities, McDonald's Franchise Cost And Opportunities, Jack In The Box Franchise Cost And Opportunities. How Much It Cost to Open a Raising Cane’s Franchise Determine whether Raising Canes Usa grew or shrank during the last recession. Unfortunately, we are not entertaining franchise or development opportunities anywhere at this time. A, October 11, 2011). Founded in 1996 by Todd Graves, the Raising Cane’s franchise has grown to become one of the trusted fast food brands among clients and investors alike. The company has 432 restaurants & 27 states in the United States, plus an additional 21 restaurants in the Middle East. ©2020 Raising Restaurants, LLC. Want to become part of a thriving global restaurant franchise brand? In preparing this menu, it takes into account the needs of the client and caters to such professionalism and dispatch. Raising Cane’s® offers a limited menu of chicken finger meals. There are no immediate plans to franchise new locations. Raising Canes has said they plan on temporarily holding off new franchise applications. We use cookies to ensure that we give you the best experience on our website. Other forms of benefits include marketing, grand opening, field, and field support among others. New FDD Document for RAISING CANE’S franchises. We recommend seeking legal help with interpreting the contents of the FDD. Your email address will not be published. Raising Cane’s is planning to begin building in early September, Williams said. Currently, we are focused on the rapid development of company-affiliated restaurants in a very specific geography, while continuing to support our existing franchise business partners. Although the food franchise is temporarily holding off on local franchising, you are assured that this won’t last long. Hence its franchise openings for interested investors from all across the world. Is franchising available for Raising Cane’s®? What does this mean? Consider the chain’s sales in 2016 were about $576 million with about 250 units. Plus, its community of great people makes investing a worthwhile franchise venture. So, franchisees in regions with lower lease rates will tend to spend less on a lease, thereby making them more profitable as compared to those with higher leases. More on that here. Tailgate menu consists of 50 pieces of chicken wings or 100 pieces of chicken wings. There are other applicable fees which aren’t fully disclosed by the franchisor.eval(ez_write_tag([[300,250],'startupback_com-box-4','ezslot_9',139,'0','0'])); To get the full details on these and other requirements, you will need to go through Raising Canes’ franchise disclosure document (FDD). Raising Cane’s has only six franchise partners who together run 90 different franchise locations. Raising Cane’s business model includes a limited menu that is served fast and efficiently. 1 spot on Nation's Restaurant News annual list of the fastest-growing chains by sales in the US last July.. So, when will such franchise opportunities become available for prospective franchisees? It seeks to spread out to more locations with the help of its franchisees. They provide 25, 50, 75, and 100 pieces of chicken wings with a Raising Cane’s Tailgate Prices range from $89.99+ for 100 pieces, $69.99+ for 75 pieces, $48.99 for 50 … Raising Cane’s is on a growth trajectory unlike most concepts in the crowded restaurant space. Review all of the job details and apply today! Required starting investment from 768100 usd. You’ll also need a working capital of about $90,000 to $250,000. Raising Cane's Chicken Fingers (also called Raising Cane's) is a fast-food restaurant chain specializing in chicken fingers founded in Baton Rouge, Louisiana by Todd Graves and Craig Silvey on August 26, 1996. The Raising cane’s franchise is a rapidly growing franchise opportunity with ambitious global expansion plans. This is very crucial to the process of owning this franchise opportunity. Raising Cane’s franchise agreement allows franchisees to operate its franchise for an initial term limit of 20 years. *Raising Cane’s, ONE LOVE, The Box…are federally registered trademarks of. Check out the Restaurant Locator page. Some locations have higher lease rates than others. Your email address will not be published. Click here to see a list of locations unable to redeem gift cards. Raising Cane’s has a positive Net Franchise Growth Rate at 31, though it is significantly lower than the average rate of 97. Raising Cane’s® is a rapidly growing restaurant concept specializing in quality chicken finger meals, great people, a great atmosphere and good times. Raising Canes franchise is very adamant about not placing a new location near a direct competitor (Olds. As a Crewmember, you’ll work hard and be handsomely rewarded for a job well done. Raising Cane’s franchise might be the answer you seek. Business Ideas | Business Plan | Franchise Cost | Startupback, Raising Cane’s Franchise Cost And Opportunities. However, no definite figure can be given because lots of factors determine profitability. Is franchising available for Raising Cane’s®? It is also logical to say that conditions aren’t uniform across all locations. The RAISING CANE’S FDD contains detailed information every prospective franchsiee should see. So, you can go right ahead if you think it fits your investment needs. A. A hint is provided in its advice for prospective franchisees to contact it for suitable franchise locations. A. 2 Likes. Compare how recession-proof Raising Canes Usa is relative to the industry overall. There’s hands-on training in addition to class training which can be offered wherever the franchisee feels decides. What This Franchisor Seeks This depends on the size of the franchise you seek or the number of units you want. Raising Cane's … Each one of our Crewmembers and Managers supports the company in What We Do – The Perfect Box, Fast, Friendly, Clean & Have Fun! This is useful in estimating the financial strength and credit risk of the company. Raising Cane’s® was founded by Todd Graves in 1996 in Baton Rouge, LA. These are meant to increase the chances of success. This fast food franchise has locations around the US and internationally. This is one of the most asked questions by prospective franchisees and understandably so because everyone wants to become part of a profitable business. However, existing franchisees won’t be left stranded but will continue to get the best support. This franchise opportunity specializes in quality chicken finger meals. It is located near a major interstate and along the Gulf Coast beaches. The closure times vary at the different locations so please use our Restaurant Locator and call them to verify the times. Raising Cane's was founded 2015 and is franchised since 2015. Click here to see a list of locations unable to redeem gift cards. You’ll have to find this by discussing it with its customer care after you’ve been contacted for further discussions. Certain conditions may be attached to renewal terms for franchisees. The pros to the area of choice is the expectation that many hungry travelers frequent this area. Get your Raising Cane's franchise oportunity. Most of our restaurants are open beginning at 10 am every day of the week. About Raising Cane's Chicken Fingers Currently, we are focused on the rapid development of company-affiliated restaurants in a very specific geography, while continuing to support our existing franchise business partners. The official Raising Cane’s® Facebook Fan Page! Home of ONE LOVE. Currently they are only focused on developing their own corporate stores and supporting these franchise partners. This brand has succeeded in the opening over 500 restaurants across different locations. If you like to work hard and have fun, we're looking for even more great Crew. This Uniform Franchise Disclosure Document Report includes the RAISING CANE’S franchise agreements, RAISING CANE’S executive business experience + much more. The answer is yes! A. It appears as though the franchises that do open are staying open and operating at sufficient levels, which is cause for optimism. 1 History 2 Mascot 2.1 International expansion They include local demand for your product, applicable commercial lease rates, labor cost among other things. The franchise cost includes the franchise fee of around $45,000. The closure came after an unsuccessful lease negotiation. —30+ days ago. Raising Cane’s Prepares to Bring Its ONE LOVE® to Denver’s Hampden Neighborhood Popular brand known for unrelenting focus on Crew, Culture and quality chicken finger meals to hire more than 100 Crewmembers for February op benefits WORK HARD, PERK HARD. The estimated investment required to open a Raising Cane's Chicken Fingers Franchise is between $768,100-$1,937,500. Raising Cane's has a franchise fee of up to $45,000, with a total initial investment range of $768,100 to $1,937,500. Several of our franchise restaurants located in airport or university dining facilities are unable to process the gift cards. You’ll need to carefully go through its content to decide if it’s the right opportunity or not. Raising Cane's increased sales by a whopping 25.9% in 2016, reaching the No. Our gift cards are redeemable at most Raising Cane’s restaurants throughout the country. Raising Cane's Chicken Fingers. Unfortunately, we are not entertaining franchise or development opportunities anywhere at this time. Training is provided to franchisees to enable them to take off smoothly. All other trademarks are the property of their respective owners. This is in addition to a royalty fee of 5%. Why Is Raising Canes closed? Every prospective franchisee will want to know the cost implications for owning a Raising Cane’s franchise. Does it hold significant potentials for investors? Local real estate brokerage firm Kurz & Hebert are looking to lease the restaurant site to another company. You are contacted for further discussion and presented with the document containing all the terms of the franchise agreement. Several of our franchise restaurants located in airport or university dining facilities are unable to process the gift cards. Raising Cane's Chicken Fingers is a fast-food restaurant chain specializing in chicken fingers, that was founded in Baton Rouge, Louisiana in 1996. Additionally, we are closed on all major holidays like New Year’s Day, Easter, July 4th, Memorial Day, Thanksgiving, Christmas, etc. Currently, we are focused on the rapid development of company-affiliated restaurants in a very specific geography, while continuing to support our existing franchise business partners. One of the best ways to thoroughly research a franchise or business opportunity investment before purchasing one is to get feedback from current and former franchisees involved in the franchise system. However, this is only one such factor and won’t entirely determine if a franchise will be more profitable or not. Although Raising Cane’s offers financing to its franchisees, it doesn’t specify what type of financing they get. Panda Express founder Andrew Cherng’s Panda Restaurant Group has signed a deal with Raising Cane’s Chicken Fingers to franchise the brand in Hawaii and Alaska.. Cherng, who is also a … See All See All. RAISING CANE’S CHICKEN FINGERS, RAISING CANE’S, ONE LOVE, logos and related marks are trademarks of Raising Cane’s USA, LLC. Raising Cane's has a franchise fee of up to $45,000, with a total initial investment range of $768,100 to $1,937,500. This includes values such as respect and rewarding crew members for their contributions. It seeks to spread this tradition across the world. All rights reserved. There is an initial franchise fee of $0-$45,000 which grants you the license to run a business under the Raising Cane's Chicken Fingers name. Founded by Todd Graves in 1996 in Baton Rouge, La., Raising Cane’s Chicken Fingers has more than 290 restaurants in 22 states with multiple new restaurants under construction. Raising Cane's Co-CEO & COO, AJ Kumaran shared this message highlighting our growth, opening 60 restaurants and hiring over 8,000 Crewmembers amid the pandemic, and the expansion of our journey across the U.S., and ultimately the world. It seeks to spread out to more locations with the help of its franchisees. It all depends on what the franchisor thinks is best.eval(ez_write_tag([[468,60],'startupback_com-banner-1','ezslot_11',140,'0','0'])); However, it provides an opportunity for prospective franchisees to make recommendations or suggestions about likely locations they feel will be best to open a Raising Cane’s Franchise outlet. Contact Raising Canes Franchise Owners. We provide competitive benefits and perks to help you be your happiest, healthiest, most chickenthusiastic self. Just that! Benefits come by way of training and financing. Raising Canes Tailgate Prices. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its … Founded in 1996 by Todd Graves, the Raising Cane’s franchise has grown to become one of the trusted fast food brands among clients and investors alike. The other nearest Raising Cane's are in the Chicago and Louisville areas. Please check our restaurant hours listed on our website and/or call the location to confirm their hours or operation. In … This is only possible after you’ve indicated an interest by filling its online application form. The Raising Cane’s franchise wants to partner with investors having a unique set of characteristics that include believing in its vision for the future, must have had some level of operating experience and ownership of multi-unit food service with a proven track record of success. How much does a Raising Cane's franchise cost? Raising Cane’s franchise offers several benefits to its franchisees. So, what exactly are these factors that determine profitability? A. The company has 432 restaurants & 27 states in the united states, plus an additional 21 restaurants in the Middle East. Owning a Raising Cane's Chicken Fingers franchise is a serious commitment and works best when you make a thoughtful, educated decision. Just because you love Raising Cane's Chicken Fingers’s products or services doesn’t mean that you will be able to successfully operate a … However, the franchisor’s focus will shift to the rapid development of company-affiliated restaurants within a specific geographical territory. The only other Indiana franchise so far officially opens today in Mishawaka, Indiana, near South Bend. Our gift cards are redeemable at most Raising Cane’s restaurants throughout the country. Raising Cane's is entering two of its newest markets aboard Panda Express. The royalty fee is a recurring fee and is a percentage of gross sales made within a period. In some locations, factors such as lease rates will determine your overall profit. 637 K J’aime. If you continue to use this site we will assume that you are happy with it. Most times, financing covers several areas such as the franchise fee, veteran discounts among others. Overall, higher investments should result in higher profits. Q. The franchisor requires that you must be sales driven, must love what you do, and be committed and motivated to exceed its set standards. But if you have a recommendation for a location, please Contact Us. The renewal term is for 10 years. Raising Cane’s® Chicken Fingers is a fast-food restaurant chain specializing in chicken fingers. Also, ensure you meet its franchising criteria too! Unfortunately, we are not entertaining franchise or development opportunities anywhere at this time. This is not necessarily indicative of a poor system, just a slower growth rate. Assume that you are assured that this won ’ t be left stranded will... Officially opens today in Mishawaka, Indiana, near South Bend every franchsiee. Be attached to renewal terms for franchisees cost | Startupback, raising Cane ’ s franchise offers several to. 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