Small businesses are easy to run and manage on a relatively minor budget. Since food businesses generally do well, you should explore an option in this area. How about trying hands at a fried chicken shop or franchise model? We at NYSF love fried chicken, so we decided to delve into this world for one post. You can pursue these strategies in your local area and be successful with adequate research and information. Fried chickens are almost everyone’s favorite. The deep-fried dish, with its flavorful textures and aroma, tends to be a gastronomical treat for any occasion, casual or formal. So, whether you open a restaurant chain, a catering service, or a franchise, it can be a safe territory to probe for several reasons.
Profitability factor
Depending on where you provide your services, it can be a massively profitable business. Competition and market conditions can play a role. Your outlet’s visibility will increase if you find a good location with attractive footfall. A recent survey demonstrates that the fried chicken market can become USD $1.92 billion by 2026, growing at 5.32% CAGR. If you wonder about profit margins, the experts say it can range from 40-50%, including labor cost, chicken cost, and selling point.
Business options
Starting any venture requires having a proper action plan. For this specific business, you will need a physical store or restaurant. It also involves ensuring food safety. Generally, people either start a franchise or a shop. These have their set of challenges and merits. You can analyze your situation against each option to pick a suitable path. You can start by writing down the target market, store/ franchise location, funding, cost, marketing plan, team formation, etc.
Know what sells more in your chosen area to decide on the products and services. You can contact chicken breading manufacturers to source the main item. It will remove your headache of maintaining consistency. They will take care of everything. Think about the type of items on the menu you can add with fried chicken and their pricing. At the same time, you can work on marketing and promotions through different online and offline channels.
Menu options with fried chicken
Tomato bisque can be a perfect companion to custom, crunchy fried chicken. The comforting, creamy soup with the richness of garlic, herbs, celery, onions, and tomatoes looks luxurious. And the perfectly fried chicken can feel much yummier when dipped into the hot dish. Baked potato and fried chicken can also be a superb combination if you keep a breakfast or lunch menu. Serve the fried chicken and baked potatoes with the toppings of bacon, scallion, scrambled eggs, and cheddar cheese. Do you worry about the long cooking time for baked potatoes? You can use the microwave to reduce your time.
People also enjoy their fried chicken with deviled eggs. It’s an easy combo, also. While the fried chickens are custom-made, you can serve them with boiled eggs (firm yolks and whites). To spice things up, remove the yolk from the whites and fill the hollow with mayo, yellow mustard, white vinegar, pepper, and salt. On the top, you can add smoked paprika.
For more choices, you can also explore the idea of cauliflower curry. Cauliflower can be an instant hit with the crispy fried chicken by matching its charm with flavors. Since cauliflower can quickly soak in different seasonings, your customers will be left with bursts of enticing taste in their mouth. You can cook the curry with sweet potatoes, coconut milk, tomatoes, chickpeas, spices, and herbs to elevate the culinary experience.
Another great addition can be roasted green bean salad. Any dinner containing fried chicken will feel complete when it also has a rich and equally healthy side dish. Preparation is also simple. You can arrange shallot slices and veggies in a baking pan and add salt, pepper, and olive oil. Add walnuts if you wish just when the dish is about to be out of the oven, around 15 minutes before. Once out, you can deck it up with the feta.
Other fried chicken business requirements
Local guidelines and location play a significant role. Still, you would need a business license and a permit for food service, fire safety, liquor, zoning, occupancy, health, etc. Business owners also require insurance to deal with any financial or asset-related troubles. For a fried chicken business, you can look for a policy that covers the cost of property damage, natural disasters, liability, equipment malfunctioning, etc.
The fried chicken business can flourish easily because of the high consumption. But this star dish should have quality, taste, and consistency. It is the core of your business, whether you open a restaurant chain, a franchise, or something else. That’s why sourcing custom-made items from established manufacturers is best. If you find the right supplier, you can continue to serve your target groups for a long time with the taste they love the most.
Business woman. Traveler. Self-Declared Host. If you’re here, you know the amazing, hits-the-spot feeling of good coffee. The key to my heart (and to keeping the engine running) is coffee, and I’ve sipped and savored A LOT of coffee over the years and around the world. I’m on a mission to bring great coffee and the warm fuzzy feeling of coffee culture into your home and life, every cup, every day, every time.
