TKK Fried Chicken FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers you a franchise to operate a TKK Fried Chicken business, which is a quick-service restaurant specializing in Asian style crispy fried chicken and sweet potato fries. They also offer a multi-unit franchise under which you agree to open and operate a specified number of TKK Fried Chicken restaurants over an agreed period of time within an agreed geographic area.
Corporate Information
TKK Franchising LLC is a New York limited liability company formed September 20, 2018. Their principal business address is 589 8th Ave., 17th Floor, New York, NY 10018. They began offering TKK Fried Chicken franchises in December 2018.
Investment
The total investment necessary to begin operation of a franchised TKK Fried Chicken business is $375,000 to $698,000 for a standard TKK Fried Chicken restaurant, $272,500 to $356,500 for a non- raditional unit, and $192,000 to $238,500 for a TKK Express franchise. This includes $60,000 to $65,000 that you must pay to the franchisor or its affiliate for a standard unit, $42,500 for a non-traditional unit, and $30,000 to $32,500 for a TKK Express unit. The multi-unit agreement must cover at least three single unit franchises. If you sign a multi-unit agreement covering three units, your total initial investment will be $425,000 to $748,000 if your first franchise under the agreement is a standard unit, $322,500 to $406,500 if your first franchise is a non-traditional unit, and $242,000 to $288,500 if your first unit is a TKK Express unit. This includes $110,000 to $115,000 that you must pay to the franchisor or its affiliate if your first franchise under the multi-unit agreement is a standard unit, $92,500 if your first fran- chise is a non-traditional unit, and $80,000 to $82,500 if your first franchise is a TKK Express unit. If you sign an agreement for more than three units, you will pay the franchisor or its affiliate an additional $12,500 for each unit you agree to develop after your third unit, and this amount will be added to your total initial investment.
