Joel Libava
The most important thing to know about the Raising Cane’s franchise business is they only serve chicken fingers.
That means the restaurant doesn’t offer chicken wings, chicken breasts, or any other edible part of a Gallus gallus domesticus (chicken). Kind of strange right? I thought so too. Only chicken fingers?
Read on to see what I discovered about this hot chicken franchise, including your Raising Cane’s franchising startup costs.
About Raising Cane’s
The restaurant franchise was founded by Todd Graves. His first restaurant opened in Baton Rouge, Louisiana-in 1996.
According to their corporate/franchising website, “Raising Cane’s vision is to have restaurants all over the world and be the brand for quality chicken finger meals, a great crew, cool culture and active community involvement.”
Sounds good.
But again, they only serve chicken fingers.
Is Raising Cane’s Franchising Near Me?
I probably wouldn’t be writing about this chicken restaurant if I hadn’t heard the name mentioned so much as of late. One reason I keep hearing about Raising Cane’s?
The company awarded a franchise* to someone who’s opening a Raising Cane’s location near me in Mayfield Heights, Ohio. And as you can see, it’s being built right now.
(A Raising Cane’s under construction in Mayfield Heights, Ohio. Image is from my Motorola Smartphone. It was taken on 1-20-2022)
I’m also hearing about Raising Cane’s from family members and friends.
“Joel, it looks like a Raising Cane’s is opening in our area soon. I hear the food is good. What do you know about Raising Cane’s?”
Or
“Joel, is the Raising Cane’s franchising opportunity worth a look? I keep hearing about it.”
You get the drift.
Update!
Raising Cane’s Mayfield Heights Location Is Now Open!
The Grand Opening of Raising Cane’s in Mayfield Heights, Ohio.
As of June 10th, the restaurant is open and busy!
Anyway…
Since I’m The Franchise King®, I’m expected to know about this fast food franchise.
Let me share a secret with you.
I didn’t know much about Raising Cane’s until now.
Like you, when I heard about “A new chicken franchise,” I had no idea the place only served chicken fingers.
To be frank, now that I know that, I’m not all that excited to visit the restaurant when it opens near me in a couple of months. Unless maybe a celebrity was working the drive-thru.
And speaking of new chicken franchises, did you hear about Shaq’s new chicken restaurant?
Hey! I almost forgot.
Are you ready to get into the franchising part of this hot fast food chain?
Raising Cane’s Franchise Cost
Let’s get into more particulars about this fast food chain. Like how much it costs to buy a this chicken fingers franchise. Here are the franchising costs.
Raising Cane’s Franchise Fee: $45,000
Cane’s Total Upfront Investment: $768,100 to $1,937,500
The Working Capital Required : $90,000 to $250,000
That puts the cost of buying this fast food chicken fingers franchise on the high-end of the investment scale. That means you’ll need to do a serious amount of revenue to be profitable. So do your research.
Wait.
Is Raising Cane’s Franchising?
*I just found this on their website:
“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. Unfortunately, we are not entertaining franchise or development opportunities anywhere at this time. But if you have a recommendation for a location, please Contact Us.”
Oooookay.
Darn! I was so excited to tell you even more about the Raising Cane’s franchising opportunity.
What happened?
Why aren’t they currently offering franchises for sale?
Are they growing too fast to support new franchisees?
If so, good for them.
Better yet, They’re doing the right thing by putting franchise sales on hold for now.
