Gold Star Chili - Franchise
For the last 50+ years, Gold Star Chili has won an enormous following in the Cincinnati, Ohio metropolitan area. With a new streamlined menu, chic new restaurant design and a proven business model that allows our franchisees to thrive for decades, Gold Star is ready to breakout and expand across the Midwest.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $200,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $1,000,000 What does Net Worth mean? |
| Total Investment: | $664,000 - $1,434,500 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | Negotiable |
| SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
| Total Units: | 66 |
|---|---|
| Home Office: | Cincinnati, OH |
| Year Founded: | 1965 |
| Franchising Since: | 1965 |
What Does a Gold Star Chili Franchise Cost?
To buy a franchise with Gold Star Chili, you'll need to have at least liquid capital of $200,000 and a minimum net worth of $1,000,000. Franchisees can expect to make a total investment of $664,000 - $1,434,500. They also offer financing via 3rd party as well as a discount for veterans (Negotiable) . *
About Gold Star Chili
Gold Star Chili, founded over 50 years ago, has developed an enormous following in the Cincinnati, Ohio, metropolitan area, serving comfort food with family-style hospitality. The brand stands poised to break out of its Cincinnati stronghold and expand across the Midwest, with its new streamlined menu, updated restaurant design, and a proven business model that allows our franchisees to thrive for decades.
What Is A Gold Star Chili Franchise?
What makes a Gold Star Chili franchise a special business to own? Here’s a hint: it’s in the name. Gold Star’s marquee product is our take on Cincinnati chili, a unique blend of Mediterranean herbs and spices that should never be confused with “regular” chili — Cincinnati chili is not eaten by the bowl, but rather ladled over spaghetti and then topped with cheese (3-Way), beans or onions (4-Way) and everything (5-Way). We also serve it over coneys, burgers and salads — pretty much anything on the menu can be chili-ized!
Available Growth Markets
For the first time in years, Gold Star has opportunities for new franchise locations in Cincinnati. In addition, we are expanding regionally in every direction from our Cincinnati home. We are particularly looking for entrepreneurs in the Cincinnati, Dayton, Lexington and Louisville markets. Think you’ve got a good spot for a Gold Star franchise? Let’s talk.
Franchisee Testimonials
I began as a dishwasher when I was in high school, so I could earn money to buy a car. I eventually became a manager, then purchased a franchise and now I have six of them! I love our products. I am passionate about what we serve and love our customers. The corporate team is great; I know that I am never out here by myself. Gold Star has been a blessing for me and my family. — Rami Nwaisser
I took over a franchise in 1998 and since have built a new building as well, because this is a very sound and successful business. I am particularly impressed by how we have engaged in technology, from online ordering to our social media presence. Gold Star is always trying to make our experience as business owners better and more successful. What we have is great, and we are all working on making it better. — Wafa David
My parents were operators, and I got into it when I was 18 and began managing my own store. Gold Star has provided a lot of opportunities for women to become business owners. I have had a lot of chances to offer input on things like the redesign, the menu changes and anything else we have done. This is a great business to be in, we really are one big family. — Vera David
Availability
Gold Star Chili is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming and Canada
Interested parties should have at least $200,000 in liquid capital to invest.
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