Church’s Texas Chicken Secures Minority Investment for Remodels and Expansion
Church’s Texas Chicken has secured a significant minority investment from Golub Capital to accelerate its store modernization program and shift into a growth phase. The undisclosed funding will be used to speed up the remodeling of approximately 160 company-operated stores in the U.S., following an ongoing turnaround since 2021 led by High Bluff Capital Partners and Future Standard. CEO Roland Gonzalez highlighted that the brand has already seen positive results from its efforts, including a 6% same-store sales growth and a 7% increase in traffic for 2026. The company plans to bring its new Blaze Platform remodeling initiative—previously adopted by franchisees—to corporate locations as well. Remodels typically cost around $400,000 per store but vary depending on the condition of each site. In addition to physical upgrades, Church’s has improved operational efficiency and introduced a performance scorecard for restaurants that correlates with sales growth. These changes have led to an increase in average franchisee restaurant sales by over $200K since 2021.
Topics: capital investment franchising restaurant industry store remodels