Raising Cane’s Franchise for Sale - Fast Food Restaurant Franchise

Raising Cane's Franchise Opportunities

Raising Cane's Chicken Fingers is a fast-food restaurant chain specializing in chicken fingers, that was founded in Baton Rouge, Louisiana in 1996. The company has 432 restaurants & 27 states in the United States, plus an additional 21 restaurants in the Middle East. The chain first began expanding internationally in 2015, opening its first international restaurant in Kuwait. Currently, in total, six restaurants have opened in Kuwait, eleven in Saudi Arabia, two in Bahrain, and one each in Lebanon and the United Arab Emirates. This totals 21 international restaurants for the chain.

Raising Cane's, founded by ambitious Todd Graves, is a fast-growing franchise known for its focus on quality chicken finger meals made fresh to order. With its simple menu and commitment to excellence, it has become a favorite for chicken finger enthusiasts worldwide.

How to open a Raising Cane's franchise?

1. Ensure you have adequate capitalization.
   In order to open a Raising Cane's franchise, you must have a net worth of more than $768,000.
2. Appreciate the investment required for a restaurant franchise.
   You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
3. Evaluate your prior experience and strengths.
   You should thoroughly evaluate your prior business experience before applying to become a Raising Cane's franchise owner.
4. Assess market availability.
   You will want to look at the market availability for Raising Cane's franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
5. Submit your application.
   Your application will be reviewed by the Raising Cane's franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
6. Receive approval & opening your Raising Cane's franchise.
   You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

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How much does Raising Cane's franchise cost?

Raising Cane's has the franchise fee of up to $45,000, with total initial investment range of $768,100 to $1,937,500.

Initial Investment: $768,100 - $1,937,500
Net-worth Requirement: $90,000 to $250,000

Ongoing Fees

Initial Franchise Fee: $45,000
Ad Royalty Fee: 5%

Raising Cane’s Franchise Profit

When it comes to franchise opportunities, Raising Canes franchise holds a unique flavor in the fast-food landscape. But what's the secret recipe for franchisee profit in this restaurant venture?

Initial Investment: Your journey into Raising Cane's franchise ownership begins with an initial investment. This varies, but it's a critical factor in determining your profitability.

Financial Performance: The heart of franchise profitability lies in financial performance. Average Unit Volume (AUV), a key metric, represents the estimated revenue a restaurant generates annually. Your restaurant's AUV, influenced by factors like location and operational efficiency, can significantly impact profit margins.

Margin Multiplicity: Understanding your margin is essential. It's not just about sales; it's about managing costs effectively.

Raising Cane's franchise profit is a combination of factors, from the initial investment to your restaurant's financial performance. Success in this venture depends on your ability to deliver mouthwatering chicken and maintain the high standards that define the brand.

Are you interested in starting Raising Cane’s Franchise in the USA, Bahrain, Kuwait, Lebanon, Saudi Arabia, the UAE, or another country?

We provide estimated franchise costs for some countries:
- In the United States, the total investment to start the Raising Cane’s Restaurant is around $768,100 to $1,937,500.
- In Bahrain currency, the investment comes around BD 289,593 to BD 730,486.
- In currency of Kuwait, the investment comes around KWD 233,863 to KWD 589,910.
- In currency of Lebanon, the investment comes around LBP 1,166 million to LBP 2,943 million.
- In Saudi Arabia currency, the investment comes around SR 2.88 million to SR 7.27 million.
- In currency of the United Arab Emirates, the investment comes around AED 2.82 million to AED 7.12 million.

FAQ

How much is Raising Cane's franchise? Opening a Raising Cane’s franchise requires an investment ranging from $768,100 to $1,937,500, depending on the store’s location, size, and market conditions. This estimate includes the franchise fee, initial inventory, and setup costs. Cane’s relatively low startup costs make it an attractive opportunity for entrepreneurs interested in the dining sector.

How much does the owner of Canes make? Restaurant profits can vary widely, but the owner of Raising Cane’s, Todd Graves, has seen significant financial success due to the brand’s rapid growth and popularity. Individual restaurant profitability ranges from $500,000 to $1 million annually, depending on location and performance.

Is the owner of Canes a billionaire? Yes, Todd Graves, the founder and owner of Raising Cane’s, is a billionaire. With the company’s exponential growth and his majority ownership, Graves has built substantial personal wealth while maintaining the company’s commitment to quality and community impact.

How much money does Cane’s make a year? Raising Cane’s generates more than $2 billion in annual revenue, driven by its simple menu and strong customer loyalty. Its focus on chicken fingers, signature sauces, and exceptional service has made it a major player in the fast-casual dining sector.

How profitable is Raising Cane's? Raising Cane’s is highly profitable due to its streamlined operations and focused menu. With low food costs, high sales volumes, and loyal customers, individual locations often achieve annual profits of $500,000 or more. Its consistent performance makes it one of the top fast-casual brands in the U.S.

What is the net worth requirement for Raising Cane's? Potential partners in select franchise agreements may need a net worth exceeding $1 million and access to significant liquid capital to support operations and expansion.

Is Raising Cane’s struggling? No, Raising Cane’s is not struggling. In fact, the brand continues to thrive, opening new locations and expanding internationally. Its focus on a simple, high-quality product and a strong customer experience has allowed it to grow even in competitive markets.

Who sells more, Chick-fil-A or Canes? Chick-fil-A outpaces Raising Cane’s in sales, generating over $6 billion annually compared to Cane’s $2 billion revenue. However, Raising Cane’s has carved out its niche in the market, focusing solely on chicken fingers, while Chick-fil-A offers a broader menu.

Is Chick-fil-A cheaper than Canes? Generally, Chick-fil-A is slightly cheaper than Raising Cane’s, with menu prices often lower for comparable items. However, Raising Cane’s offers larger portion sizes and focuses on premium chicken finger meals, justifying its slightly higher price point.

Raising Cane's Franchise Info: https://www.raisingcanes.com/faq/restaurant-information-franchising

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Updated: 27.01.2025