{"id":22060,"date":"2026-10-14T16:41:43","date_gmt":"2026-10-14T16:41:43","guid":{"rendered":"https:\/\/imsfund.com\/?p=22060"},"modified":"2026-10-14T16:41:43","modified_gmt":"2026-10-14T16:41:43","slug":"daves-hot-chicken-now-has-500-restaurants-and-is-growing","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2026\/10\/14\/daves-hot-chicken-now-has-500-restaurants-and-is-growing\/","title":{"rendered":"Dave\u2019s Hot Chicken Now Has 500 Restaurants \u2014 And Is Growing"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n\t\t\t\t\t\t<!-- Article Notes. --><\/p>\n<p>\t\t\t\t\t\t<!-- Content --><\/p>\n<div>\n<p><a href=\"https:\/\/www.entrepreneur.com\/franchises\/directory\/daves-hot-chicken\/336434\" id=\"https:\/\/www.entrepreneur.com\/franchises\/directory\/daves-hot-chicken\/336434\" target=\"_blank\" rel=\"noopener\">Dave\u2019s Hot Chicken<\/a> continues to bring the heat. The chain opened its 500th restaurant in Phoenix on October 8, according to <a href=\"https:\/\/www.fb101.com\/daves-hot-chicken-500th-restaurant-phoenix-global-expansion-302902396\" id=\"https:\/\/www.fb101.com\/daves-hot-chicken-500th-restaurant-phoenix-global-expansion-302902396\" target=\"_blank\" rel=\"noopener\">Food &amp; Beverage Magazine<\/a>.<\/p>\n<p>Those are impressive numbers for a business three childhood friends <a href=\"https:\/\/www.entrepreneur.com\/business-news\/it-was-like-a-drug-how-daves-hot-chicken-grew-a-cult\/430394\" id=\"https:\/\/www.entrepreneur.com\/business-news\/it-was-like-a-drug-how-daves-hot-chicken-grew-a-cult\/430394\" target=\"_blank\" rel=\"noopener\">launched in 2017<\/a> with $900, portable fryers and folding tables in an East Hollywood parking lot. <a href=\"https:\/\/www.entrepreneur.com\/franchises\/directory\/wetzels-pretzels\/282932\" id=\"https:\/\/www.entrepreneur.com\/franchises\/directory\/wetzels-pretzels\/282932\" target=\"_blank\" rel=\"noopener\">Wetzel\u2019s Pretzels<\/a> co-founder Bill Phelps signed on to franchise the concept in 2019. In 2025, private equity firm Roark Capital, which also owns Subway, <a href=\"https:\/\/www.entrepreneur.com\/business-news\/daves-hot-chicken-acquired-for-1b-by-roark-capital\/492690\" id=\"https:\/\/www.entrepreneur.com\/business-news\/daves-hot-chicken-acquired-for-1b-by-roark-capital\/492690\" target=\"_blank\" rel=\"noopener\">bought a majority stake<\/a> at a valuation of about $1 billion.<\/p>\n<p>The pace hasn\u2019t slowed. In April, Dave\u2019s opened a record eight restaurants in a single day. The brand now operates in Canada, the Middle East and London, with a 180-restaurant deal covering 10 European countries and development rights sold for more than 1,592 locations worldwide.<\/p>\n<p>\u201cWe weren\u2019t thinking about hundreds of restaurants,\u201d co-founder Arman Oganesyan said. \u201cWe were focused on making the best hot chicken we could and getting people to try it.\u201d<\/p>\n<p><ent-results id=\"results\" class=\"ent-component\" is-article-embed=\"true\" should-update-url=\"false\" lead-source-type=\"article\" lead-source-id=\"459423\"\/>\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/buying-a-franchise\/daves-hot-chicken-started-with-900-in-a-parking-lot-it-now-has-500-restaurants\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dave\u2019s Hot Chicken continues to bring the heat. The chain opened its 500th restaurant in Phoenix on October 8, according to Food &amp; Beverage Magazine. Those are impressive numbers for a business three childhood friends launched in 2017 with $900, portable fryers and folding tables in an East Hollywood parking lot. Wetzel\u2019s Pretzels co-founder Bill [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22061,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.entrepreneur.com\/wp-content\/uploads\/sites\/2\/2026\/10\/daves-hot-chicken-1026-g-2217834688.jpg","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-22060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/22060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=22060"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/22060\/revisions"}],"predecessor-version":[{"id":22062,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/22060\/revisions\/22062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/22061"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=22060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=22060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=22060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}