Can You Buy a Raising Cane’s Franchise in 2025? Costs & Availability Explained

Can You Own a Raising Cane’s Franchise in 2025?

Short answer: No.

Raising Cane’s is a popular fast food restaurant chain that serves chicken fingers and is known for its focus on drive thru service and quick, convenient dining. While Raising Cane’s does have franchise-operated stores, the brand is not awarding new franchises. They have made it clear that they’re focused on growing through company-owned restaurants only.

Their official statement:

“We are not entertaining franchise or development opportunities at this time.”

So if you’re looking to open a Cane’s location, it’s not going to happen right now.

Historical Franchise Costs (for Reference)

If Raising Cane’s ever reopens franchising, these were the general requirements:

• Franchise Fee: $45,000

• Total Investment: $768,000 to $1.9 million

• Royalty Fee: 5%

• Marketing Fee: 4%

• Net Worth Required: $1.5 million

• Liquid Capital: $750,000

Many franchisees in the restaurant industry use an SBA loan to help cover the initial investment.

These numbers give you a benchmark, but they’re not currently actionable.

Fun Facts about Raising Canes history

• Raising Cane’s was founded by Todd Graves in Baton Rouge, with the first location opening on Highland Road, a site now known as “The Mothership.”

• The name “Raising Cane” comes from Graves’ beloved dog, Cane, who became a memorable part of the brand’s identity and logo.

• Before starting Raising Cane’s, Graves worked at an oil refinery and spent time fishing for sockeye salmon in Alaska, experiences that shaped his entrepreneurial journey.

How Much Does a Raising Cane’s Make?

Raising Cane’s is known for huge average unit volume:

• Average Unit Volume (AUV): Estimated around $5–6 million

• 2023 Revenue: $3.3 billion

• 2024 Goal: $5 billion+ systemwide

• Typical Profit Estimates: $500K+ per location (internal estimates)

This puts them among the top performers in the QSR space—just behind Chick-fil-A in terms of AUV.

The profitability for a Raising Cane's franchise owner or Raising Cane's franchisee depends on factors such as the cost of opening a Raising Cane's restaurant, the specific Raising Cane's location, and operational efficiency. The popularity of Raising Cane's Chicken Fingers and the strong performance of Canes as a fast food restaurant brand contribute to the impressive financial results.

So, What Now?

If you were hoping to invest in Raising Cane’s, your best bet is to watch and wait—or consider brands with a similar model and active franchise opportunities.

Some top alternatives:

• Layne’s Chicken Fingers (similar menu, still franchising)

• Dave’s Hot Chicken (fast-growing with strong financials)

• Huey Magoo’s (tender-focused with franchise support)

Final Thoughts

Raising Cane’s is one of the strongest restaurant brands out there, but it’s currently closed to new franchisees. If they ever reopen, it will be extremely competitive. Until then, you’re better off exploring other franchise options that offer strong support and open territories.

Want help finding one?
Schedule a free call to explore high-performing food and non-food franchises available now.