The Chick-Fil-A business model.

0:00Well, Chick-fil-A is [ __ ] amazing. >> Oh, because Chick-fil-A owns the dirt, the building, and they own the business. And so then they partner with what they call operators, like their franchisees, but they're not franchisees, because they can fire you. And all you have to do is put $10,000 in, and they pick out of like 10,000 applicants a year for like 100 spots. It's a 2-year vetting process. You have to have already worked at a Chick-fil-A for like 3 to 5 years in order to be qualified for it. The sales, I think it's it's over 4 million per location. I think it's 4.8. Here's what's even crazier. They have better margins than any other franchise. And so since they own the dirt and the land and the building, the business pays them back, right? Because they lease it. And then corporate gets a 15% rip on top line in food. And then they split 50/50 the profit with the operator after they took off all the top line. The average operator makes $200,000 a year, but they're making 15% on that and then half of the excess profit. $700,000 a year off top line and then the other two. So they're making like $900,000 a year per location, not including the mortgage, the appreciation on the building, everything. Chick-fil-A did the slow and steady, and now they're [ __ ] unbeatable.