Then why does the company have a web page specifically for their franchises opportunities?
Its called “advertising”. Lets see, no equity, and you can be fired at will. AND, you can’t sell the “franchise” to your son, or cousin, or whatever. Doesn’t sound like my definition of a franchise.
Don’t get me wrong; its a great gig, and very lucrative. But Chick-Fil-A OWNS the franchise; and the operator operates it.