Chick-fil-A specializes in chicken sandwiches. With excellent customer satisfaction scores and rave reviews, it has gained a reputation as the best fast-food restaurant for six straight years on the American Customer Satisfaction Index.
Chick-fil-A specializes in chicken sandwiches. With excellent customer satisfaction scores and rave reviews, it has gained a reputation as the best fast-food restaurant for six straight years on the American Customer Satisfaction Index.
While Chick-fil-A is a privately held company that will not go public as long as the founder’s family owns it, there are other ways to participate in its rising success.
You can acquire a Chick-fil-A franchise for $10,000 ($15,000 in Canada) until they provide a Chick-fil-A stock. Chick-fil-A franchises are appealing since the company pays for all initial expenses, and it purchases the land, constructs the building, and finances the equipment
Chick-fil-A franchises are challenging to buy. According to Business Insider, Chick-fil-A receives 20,000 franchisee applications every year and only accepts 70 to 80 of them. According to Entrepreneur, Chick-fil-A only approves 0.4 percent of franchise applicants.
Chick-fil-A isn’t the only fast-food option. Chipotle Mexican Grill stock is a stock that is both profitable and has a high annual net value. Chipotle’s prospects look highly positive, with its growth growing and a solid stock price.
Chipotle’s first-quarter earnings weren’t spectacular, but they weren’t bad either. With high projected expectations, the fast-casual restaurant company announced earnings per share of $2.32 on revenue of $1.07 billion. CMG also saw a surge in restaurant sales, which prompted most investors to raise their prices.