Church’s Chicken
Baskersfield, CA
Church’s Chicken is an American chain of fast food restaurants specializing in fried chicken, also trading outside North America and Asia as Texas Chicken. The chain was founded as Church’s Fried Chicken To Go by George W. Church, Sr., on April 17, 1952, in San Antonio, Texas, across the street from The Alamo. The company, with more than 1,700 locations in 25 countries, is the third-largest chicken restaurant chain behind KFC and Popeyes Louisiana Kitchen.
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Positives:
- Loyal Customer Following
- NNN lease eliminates landlord responsibilities
- Typically Long term leases with increases
Negatives:
- Consumers are showing a growing interest in healthy fast food.
- Competitive Industry Sector
- Susceptible to economic trends and pressures
Market Snapshots:
On Market Ranges:
# of Properties in set: 10
Price: $833,920 - $1,118,430Average: $981,077
PPSF: $570 - $640Average: $605
Year Built: 1972 - 2008Average: 1983
CAP Rate Range: 5.87% - 7.17%Average: 6.18%
Size range: 908 sq ft - 2,964 sq ft Average: 1,750 sq ft
Last 12 Month Range:
# of Properties in set: 12
Price: $1,027,960 - $1,284,950Average: $1,223,759
PPSF: $677 - $873Average: $752
Year Built: 1969 - 2017Average: 1988
CAP Rate Range: 5.56% - 7.52%Average: 6.54%
Size range: 780 sq ft - 2,656 sq ft Average: 1,552 sq ft
Church’s Chicken Similar Tenants
Church’s Chicken Company Profile
Headquarters Information
Atlanta, Georgia
Founded in 1952
Company type: Private
Sector: Services
Industry: Food
# of Employees: 5,000