- Companies
- Home Original Chicken
Home Original Chicken Revenue, Valuation, Funding & Investors
Home Original Chicken is valued at $580M as of January 2018, a 1.3x multiple on its last reported $435M revenue.
Last Home Original Chicken valuation
$580M
Series B · Jan 2018
Last Home Original Chicken funding round
$31M
Series B · Jan 2018
Home Original Chicken revenue
$435M
Series B · Jan 2018
Key investors in Home Original Chicken
Harvest Capital
About Home Original Chicken
Home Original Chicken is a fast-food chain operating more than 240 restaurants across Anhui province in China. The company specializes in original-style fried chicken dishes, alongside rice bowls, noodles, and beverages tailored to local tastes. Headquartered in Hefei, it focuses on quick-service outlets in urban and suburban locations, emphasizing affordable meals and efficient operations to capture the regional quick-service restaurant market.
Founded
2003
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Revenue
$435M (Jan 2018)
Valuation
$580M (Jan 2018)
Sectors
Home Original Chicken Valuation
Home Original Chicken is currently valued at $580M, based on its Series B in January 2018.
The $31M round was led by Harvest Capital.
Home Original Chicken valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2018 | Series B | $580M | 1.3x |
Home Original Chicken Revenue
Home Original Chicken's latest recorded revenue is $435M, as of its Series B in January 2018. At a $580M valuation, that implies a 1.3x revenue multiple.
Home Original Chicken revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2018 | $435M | $580M | 1.3x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Home Original Chicken Funding History
Home Original Chicken has raised a total of $31M across 1 funding round.
Home Original Chicken funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2018 | Series B | Harvest Capital (lead) | $31M | $580M | Home Original Chicken, also known as Laoxiang Chicken or Laoxiangji, is a Chinese fast-food chain specializing in chicken dishes, founded by Shu Congxuan who started as a chicken farmer in Hefei, Anhui. The company expanded from local operations to markets in Jiangsu, Hubei, Shanghai, and beyond, achieving significant growth through its 'Family Kitchen' branding and standardized products. Over 12 years, it generated turnover exceeding 1 billion yuan, then 2 billion in two more years, and 3 billion in the following year. In April 2018, Harvest Capital invested nearly 200 million yuan at a 4 billion yuan valuation, becoming its sole external investor at the time, with no negotiation on terms. This funding enabled nationwide expansion, store growth from 400 to over 800 in two years, and the acquisition of Yonghe Wuhan. Post-investment, annual revenue exceeded 3 billion yuan in just one year. Later, the company pursued a Pre-IPO round at 20 billion yuan valuation and IPO preparations. |
Who has invested in Home Original Chicken?
1 investor has backed Home Original Chicken across its funding rounds, including Harvest Capital.
Lead investors include Harvest Capital.
Home Original Chicken Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Home Original Chicken investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Home Original Chicken
Home Original Chicken has acquired 1 company to date.
Last acquisition by Home Original Chicken was on July 26th 2018. Home Original Chicken acquired Yonghe Dawang for $7M.
Latest Acquisitions by Home Original Chicken
| Description | Yonghe Dawang is a Shanghai-headquartered Chinese breakfast chain originating from Taiwan in 1995. It operates over 500 outlets across major cities selling doujiang youtiao sets, xiaolongbao, and coffee beverages. The brand expanded into mainland China in 2003 under Uni-President Enterprises. |
| HQ Country | |
| HQ City | Wuhan |
| Deal Date | 26 Jul 2018 |
| Valuation | $7M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Home Original Chicken acquisitions and their M&A valuation multiples. Start Free Trial | |
Home Original Chicken Competitors
Home Original Chicken competitors include listed companies like AmRest, Elior Group, First Watch and Young's Pubs, and private ones like Laoxiangji and Alsea Europe.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $580M | - | ||
| Publicly listed | $2.9B | $461M | $567M | 0.8x | ||
| Publicly listed | $7.1B | $394M | $554M | 0.3x | ||
| Private | - | - | $607M | - | ||
| Publicly listed | $1.2B | $104M | $623M | 1.2x | ||
| Publicly listed | $682M | $139M | $624M | 1.5x |
Home Original Chicken Public Comps
Home Original Chicken is still privately-owned, but its public comps include AmRest, Elior Group, First Watch, Young's Pubs, MTY Food Group, Papa John's, Cannae Holdings, DPC Dash, Collins Foods and Fuller Smith & Turner.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.9B | $461M | 0.8x | 0.8x | 4.8x | 5.6x | |||
| $7.1B | $394M | 0.3x | 0.3x | 4.8x | 4.8x | |||
| $1.2B | $104M | 1.4x | 1.2x | 16.1x | 12.8x | |||
| $682M | $139M | 1.5x | 1.5x | 7.5x | 6.5x | |||
| $853M | $197M | 1.5x | 1.6x | 6.3x | 6.9x | |||
| $2.1B | $181M | 0.8x | 0.8x | 8.7x | 8.4x | |||
| $424M | ($162M) | 1.8x | 1.9x | (4.6x) | (10.7x) | |||
| $803M | $146M | 0.8x | 0.7x | 4.4x | 4.4x | |||
This data is available for Pro users. Sign up to see all Home Original Chicken competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Home Original Chicken
| When was Home Original Chicken founded? | Home Original Chicken was founded in 2003. |
| Where is Home Original Chicken headquartered? | Home Original Chicken is headquartered in Hefei, China. |
| Is Home Original Chicken publicly listed? | No, Home Original Chicken is a private, VC-backed company. |
| What is Home Original Chicken's valuation? | Home Original Chicken was last valued at $580M in its Series B in January 2018. |
| How much funding has Home Original Chicken raised? | Home Original Chicken has raised $31M across 1 funding round. |
| What was Home Original Chicken's last funding round? | Home Original Chicken's last funding round was a $31M Series B in January 2018, led by Harvest Capital. |
| Who are Home Original Chicken's investors? | Home Original Chicken's investors include Harvest Capital. |
| What is Home Original Chicken's revenue? | Home Original Chicken's latest recorded revenue is $435M (January 2018). |
| What is Home Original Chicken's revenue multiple? | Home Original Chicken's latest valuation implies a 1.3x revenue multiple ($580M valuation on $435M of revenue). |
| Which companies are comparable to Home Original Chicken? | Companies comparable to Home Original Chicken include Laoxiangji, AmRest, Elior Group, Alsea Europe, First Watch and Young's Pubs. |
| How many companies has Home Original Chicken acquired? | Home Original Chicken has acquired 1 company, including Yonghe Dawang. |
| What was the largest acquisition by Home Original Chicken? | The $7M acquisition of Yonghe Dawang in July 2018 is the largest acquisition Home Original Chicken has made to date. |
See companies similar to Home Original Chicken
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




