Nick Renyolds-Owner/Operator of a Chick-fil-A franchise

[@DamienMalakay]

this paints a picture that is not very accurate actually! you really should read about owning a Chik-fil-A franchise before doing it! apparently corporate owns every part of it and you're not a franchise owner but an "operator" as well as they give you a miserable 5% earnings and God forbid you don't follow a Christian lifestyle you wouldn't make it past the first phone call.

[@antbear13]

Patience is indeed a virtue. Anyway, Chick-Fil-A is the BEST of fast food restaurants!

[@lauriagrantiii1357]

Love this channel. Solid content. Thanks for what you’re doing

[@bayardtaylor4704]

He is just an operator Not owner. You can’t not own a rest

[@BIendtecc]

The population where I live is apparently 12k and we have a cfa. We do 6 million in sales but the store was designed to be a 3 million dollar store.

[@osmanxxrngxx1369]

Where is the store located

[@mexico011303]

What a banger of business you have

[@Hazel-e1k]

Wow at least you had Sundays off.😢

[@cupidok2768]

Oh my God they both look amazing what is the update on both of their faces today

[@bayardtaylor4704]

10k. Buy in

[@nickc999]

Thanks Nick You have great skills of giving good answers and wonderful replies to great and difficult questions.Thank You You made me a better interviee.Any other tips you would like to share to make me a better person in from of the Chik Fil a CEO.?

[@stevedavenport1202]

My only complaint about Chick Fil A is how their drive thrus get backed up into the street and cause traffic disturbsnces.

[@Brick_Squared]

Chick-fil-A has a great model as far as start up cost and brand support. But it is *_NOT_* for entrepreneurs. You are an _employee_ in many aspects.

[@stevedavenport1202]

So, this is true of all franchise models. However, it works for a lot of people.

[@bayardtaylor4704]

Is it true you have no equity in the business, you can’t sell the business or pass it on to your children ?

[@IIIrandomIII]

Bayard Taylor You = lessor (name of lease), principal investment (your capital), legal ownership of chattels (only physical assets), licensee. Chick-fil-a = franchisor, IP owner, licensor. You have all the typical ownership liabilities. But you don't own the IP. Difference between owner of chattel & owner of IP. Imagine a chair. Chair has chick-fil-a logo, colour etc etc (all typical trademarks on it). You own the physical chair. Chick-fil-A owns all logo, trademark on it. In accordance to the terms agreed to in the contract, you have a licence to use those IP for business purposes. Beyond the contractual terms, you cannot use those IP. Imagine contract expires, chick-fil-a doesn't renew... what you gonna do? Nobody is gonna buy thousands dollars worth of chairs they can't use... (meaning no market) It IS useful to Chick-fil-a... they'll buy those chairs off of you for fraction of what these chairs would fetch if they weren't adorned with chick-fil-a trademarks etc... Are you gonna decline? No. You can pass it onto your children. But what will they do with it? Lol. It's a licence. It has a time limit. People need to understand this. I am bored as fuck, and I felt like contributing. You received free legal advice. Consider yourself lucky.

[@bayardtaylor4704]

Not true my city is 12k in population and we have a a chic fli

[@bayardtaylor4704]

So it’s true no equity,, no transfer of ownership to children,

[@rickmorgan8895]

Hire your kid as the general manager when they trun 18 him hime 3 years at 21 give hime 10k and let him apply im sure chick fli a would love family own operation of a store if its doing good numbers

[@Viktor9502]

I’m sure if you’re exceptional at running one, they would allow your kid to take over. There’s always exceptions.

[@bayardtaylor4704]

Also you must have your first store for ten years before your eligible to open a second one? And you must devote you time to this store and no other side jobs or business can be held by the operator

[@jashonaycox1381]

Nd what’s wrong with that ?

[@juancortes5876]

I would love to own a chick-fil-a

[@Andre-si4to]

Chick Fil A owns you. Forget the money, your most valuable asset is TIME. You essentially live your life working a fast food job that those of us who did it in high school couldn't move on fast enough. Uggh....what a waste.

[@nerychristian]

But he's making 6 figures

[@NickR27]

You just described his employee. He has managers working for him and im pretty sure this guy doesn't step foot in his store lol

[@transienttom7688]

Interesting comment. I worked for McDonald’s in mid management in late 90s earning 60k plus FMV, plus plus plus … it was. 100k package at 26 years old. I worked maximum 44 hrs per week. With this, it’s the same but 300k + What do you earn now?

[@jeffsmith2022]

He owns nothing pal, get it right...

[@ismaelmadrigal]

But he’s making way more than you with a 10k investment lol. Plus I bet he has other investments that Chick-fil-A doesn’t know about.

[@Madeinhaitii]

He was talking about chipotle right?

[@kisemaburch2622]

Yup

[@minivanlinda1762]

He doesn't own the Chick-fil-A restaurant. He pretty much bought a job.

[@anp9210]

Jeffrey Twoey you have to pay for any job College is a place for that 10k for 100k a year job Other job you pay 100k for 4 years of college

[@Viktor9502]

Invest 10k to make 200k+. The return is very good lol. 99% of people don’t make anywhere near that. I’d say it’s a good deal.

[@AM-yn7py]

dude wake up, you are NOT a franchise OWNER, you are a franchise OPERATOR. HUGE DIFFERENCE.

[@richardhouston1572]

A person pays $10,000 to be a Store Manager. No ownership; CFA owns the business, and takes a great deal of the profits; the Operator is just running the store.

[@nicolastschirhart]

Have you considered doing more of these? What are you up to now?

[@rdwytnblue]

I don't normally think the young person serving me at a fast food place is necessarily a drug addict, but he does live in Salt Lake City.

[@abrahamzekios2666]

Good thanks from tigrayns Iowa Sioux city.

[@bayardtaylor4704]

You have to have on rest for ten years before you can get a 2nd rest

[@akeems9377]

Guy in orange shirt you are smiling to much

[@RaytardedAdventures]

from the rip too!

[@saintr3394]

The best concept for fast food!!!!!! Every store is amazing... the workers are incredible... the family morals and values

[@stevedavenport1202]

Each restaurant is extremely well operated.

[@rhess10]

I would like to hear an interview with this guy after CoVid.

[@TerriJBrown-dz1lw]

Very good Q & A.

[@rickmorgan8895]

That last question had him sweating

[@bodyloverz30]

It is a low entry model, BUT Chick-fil-A takes 50% of your income, so you pay in the back end, rather than the front.

[@Raul7663]

Still make over 200k a year. Seems nice imo. Other franchises dont even come close to that pay

[@Raul7663]

IIIrandomIII im pretty sure i didnt say that, but ok

[@julie53112]

I used to live in Pocatello Idaho

[@artzimmer6347]

Amazing interview

[@RaytardedAdventures]

mans in the orange is too much- staring and smiling at bruh and copying his poses, made my skin crawl- definitely a super awkward interview with a dude on the computer behind him- the low chairs with bad posture, and wiggling around, the camera angle, its all too off

[@spurs5677]

Lmao did you focuse at all at what they talked about

[@certifiedfinest5065]

@@spurs5677lol

[@RAJOHN-ke7mc]

Yeah it was weird lmaooo

[@shailiejain6039]

Very insightful and authentic. Thanks!

[@flawns]

That's more interviews than SpaceX!

[@Demitri1k]

I work at chick fil a

[@zooner]

Great video/interview.

[@Codester91670]

Don't forget CFA express locations like the one on campus at BYU haha. Which are licensee locations.

[@rjd592]

drinking the kool aid is fun

[@furiousgtz]

He is not the owner. He just gets a salary.

[@lj4001]

A very nice salary, enough to buy a nicer home and start his own IRA

[@saw31489]

It's moreso a commission

[@EveryoneGamesOnline]

If I remember correctly. Owner/operators start at an average of 200k a year 😅 Spend 10k to work for 200k…. 🤷‍♂️ seems like a nice trade. Not exactly an owner ship more like a management position but still.

[@bayardtaylor4704]

Operator gets. 5 to 6.%. Of yearly gross sales Each store. Does 4.2 million

[@rjd592]

he literally just did the math so i think he does know how much they make lol fanboy

[@HarryPotter-gw6ee]

Brothers

[@HTSS8]

So he's Mormon, Chicfila obviously isn't concerned about True Christian beliefs.

[@gogettah1779]

HTSS8 oh fuck off lol

[@chicoman000]

Smart guy for only being age 33.

[@johnlupo3919]

STOP SAYING "SO"!!!!!!!!!!!!!!!!!!

[@benmt424]

So ?

[@RAJOHN-ke7mc]

So

[@EatinBulletsForDinne]

Chikfila employee not owner

[@johnnfrancis]

operator is most accurate.

[@EatinBulletsForDinne]

@@johnnfrancis employee

[@HotMuffinTime]

Operator

[@EatinBulletsForDinne]

@@HotMuffinTime employees operate chikfila.

[@HotMuffinTime]

@@EatinBulletsForDinne Yes, employees operate every business. However, the title of a person whom actively runs a chick-fil-a location is called an "operator" as he/she operates that particular chick-fil-a. This man, Nick Renyolds, is not an owner, you're correct. You're also correct that he's an employee. However, the CEO is also an employee and so is the cashier. What @John Francis was saying was that the appropriate title for Mr. Renyolds is operator, as he operates the Chick-fil-a.

[@AbolishAbortionNow]

nice