Who owns Chick Fil A stock?
Truett Cathy, although his restaurant business started in 1946 with a small diner called the Dwarf Grill. Cathy passed away in 2014, and the Truett family still owns Chick-fil-A. The current owners are brothers Dan and Don, sons of Truett Cathy.
Chick-fil-A is a private, family-owned company and does not offer stock options to the public. If you are interested in investing in Chick-fil-A by applying to become a franchised Owner/Operator, check our franchise page to learn more about opportunities in the U.S., Canada and Puerto Rico. Was this answer helpful?
Since Chick Fil A is a privately-owned fast-food restaurant chain and as such, does not have a public stock. Therefore, it does not have a stock ticker symbol or stock price that can be traded on a stock exchange.
Chick-fil-A has been run by the Cathy family since the restaurant chain's founding in 1946; as of 2021 it was being led by the third generation of the Cathy family.
Chick-Fil-A stock is not publicly traded and has no ticker symbol or stock price. The company is privately owned, with its equity shares divided between the three sons of the founder Samuel Truett-Cathy. So, you can't buy Chick-fil-A stock on the equity market.
Startup costs for Chick-fil-A franchises are relatively low. That's because, unlike other franchises, Chick-fil-A actually purchases the real estate and all of the equipment required to open the business, and then leases them to you via monthly rent payments. That's good and bad.
While operating a Chick-fil-A restaurant franchise costs a modest $10,000 initial financial commitment, it requires a holistic commitment to own and operate the business in a hands-on manner. To learn more about Franchise opportunities, requirements, cost and more, visit our Franchise page.
According to Forbes, his net worth is estimated to be $7.1 billion as of May 2023. His brother, Don "Bubba" Cathy, the company's executive vice president, is also a billionaire, with a net worth of $7.1 billion. The Cathy family owns a majority stake in Chick-fil-A, which is a privately held company.
The brand has seen unprecedented growth over the last 10 years approaching the 12B dollar milestone as a debt free company. Individual Stores are seeing double digit growth year over year with top stores surpassing 12M dollars of annual sales.
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $242,000 | $116 |
| 75th Percentile | $125,000 | $60 |
| Average | $86,197 | $41 |
| 25th Percentile | $26,500 | $13 |
Who owns Chick-fil-A Mormon?
S. Truett Cathy, a devout Baptist, opened the first Chick-fil-A in Atlanta in 1967, and the chain has remained in his family's hands ever since.”
The brand generated nearly $19 billion in systemwide sales. Chick-fil-A generated $18.814 billion in U.S. sales across 2022, a figure that trailed only McDonald's ($48.7 billion) and Starbucks ($28.1 billion) and illustrated what's been one of the industry's fastest climbs.
Chick-fil-A competitors include McDonald's, KFC, Wendy's, Taco Bell and Fogo de Chao. Chick-fil-A ranks 1st in CEO Score on Comparably vs its competitors.
Chick-fil-A's franchise cost is low because the franchisor pays many startup costs and retains ownership of real estate, inventory and equipment. While this makes for a more accessible franchise business opportunity, the trick is getting in.
Andrew T. Cathy is Chief Executive Officer for Chick-fil-A, Inc., one of the nation's largest family-owned businesses. As CEO, Andrew is only the third person in the company's history to hold that title, following in the footsteps of his father, current Chairman Dan T. Cathy, and his late grandfather, Founder S.
With Chick-fil-A you can not own multi units. We have heard there are a few operators in the system that own a couple of stores but apparently franchisees need to be an owner for over 10 years and have your store in the top 1/3 to be considered. That's a slow empire!
Very low. According to industry estimates, the failure rate for Chick-fil-A franchises is less than 5%, and over 96% of Chick-fil-A restaurants have been in business for more than 50 years.
- Wendy's.
- Chick-Fil-A.
- Ace Hardware.
- UPS Store.
- Matco Tools.
- McDonald's.
- PIRTEK.
- Snap-on.
If you're looking to buy into a franchise, financial stability is an important factor to consider. Fortunately, Chick-fil-A® franchises are very financially stable and profitable, with high sales volume year after year.
- Franchisor selects all restaurant sites (you cannot choose or suggest your own location)
- No multi-unit opportunities available.
- Chick-fil-A owns all property and real estate (you cannot sell your restaurant or pass down to the next generation)
- History of negative press related to their charitable giving.
How much cash do you need to start a Chick-fil-A franchise?
While operating a Chick-fil-A restaurant requires a relatively modest $10,000 initial financial commitment ($15,000 CAD in Canada), it requires a holistic commitment to own and operate the business in a hands-on manner.
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500.
S. Truett Cathy, a devout Baptist, opened the first Chick-fil-A in Atlanta in 1967, and the chain has remained in his family's hands ever since. Today there are more than 2,300 locations across the country — all of which are closed on Sundays.
Cathy is married with two children. He and his family live in Atlanta, Georgia.
Brothers Dan and Bubba Cathy, and sister Trudy Cathy White, own fast-food chain Chick-fil-A, founded by their father S. Truett Cathy (d. 2014) in 1967 in Atlanta.
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