Is Chick-fil-A Harder to Get Into Than Harvard?
It’s a common joke that getting into Harvard is one of the toughest tasks in the world. But did you know that getting into Chick-fil-A is even harder? In fact, it’s about 30 times more likely that you’ll get into Harvard than to be approved for your own Chick-fil-A franchise. Just last year, Chick-fil-A accepted only 0.15% of all applicants who wanted to become operators, approving around 100 new franchisees. Compare that to Harvard’s acceptance rate of about 4.5%.
So why is it so hard to get into Chick-fil-A? The company has a very strict set of criteria that applicants must meet in order to be considered. For starters, you must have at least two years of restaurant management experience and a net worth of at least $750,000. You must also be willing to commit to a full-time role as an operator and be able to pay the initial franchise fee of $10,000.
In addition to these requirements, Chick-fil-A also looks for certain qualities in potential franchisees. They want people who are passionate about the brand and have a commitment to providing excellent customer service. They also look for people who are dedicated to their communities and have a strong work ethic.
The application process for a Chick-fil-A franchise is also very rigorous. After submitting an initial application, potential franchisees must go through an extensive interview process and complete a comprehensive background check. If they pass this stage, they must then submit a detailed business plan and financial projections. Only after all of these steps are completed will they be considered for approval.
So if you’re looking to get into Chick-fil-A, you’d better be prepared to put in a lot of hard work. But if you’re up for the challenge, it could be a great opportunity to own your own business and become part of one of the most successful restaurant chains in the world.