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Otter's Chicken Tenders

Chicken tenders

Background

Founded: 2003 Franchising since: 2006
1110 Gilmore Ave.
Nashville, Tennessee 37204
Phone:
(615)832-7501


Franchisor has 4 employee(s); 1 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 0 0 0 2
2006 0 0 0 2
2005 N/A N/A N/A 2

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, North carolina, South carolina, Tennessee, United states

Costs and Fees

Total investment: $291.5K-429K
Franchise fee: $30K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $50K

Operations
  • Number of employees needed to run franchised unit: 15
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 4-6 weeks
  • At franchisee's location: 1 week

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Regional advertising

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