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

Home Original Chicken Overview

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

ChinaHefei

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Revenue

$435M (Jan 2018)

Valuation

$580M (Jan 2018)

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

Home Original Chicken valuation by funding round
DateStageValuationRevenue Multiple
Jan 2018Series B$580M1.3x

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

Home Original Chicken revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2018$435M$580M1.3xSeries 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

Home Original Chicken funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2018Series BHarvest Capital (lead)$31M$580MHome 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

Investors in Home Original Chicken by funding rounds participated
InvestorHQRoundsRoleFirst 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 Trial

Acquisitions 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

Yonghe Dawang
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 CountryChina
HQ City
Wuhan
Deal Date26 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.

Public and private companies comparable to Home Original Chicken
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LaoxiangjiUnited StatesBarnstable, MAPrivate--$580M-
AmRestPolandPolandPublicly listed$2.9B$461M$567M0.8x
Elior GroupFranceFrancePublicly listed$7.1B$394M$554M0.3x
Alsea EuropeSpainMadridPrivate--$607M-
First WatchUnited StatesUnited StatesPublicly listed$1.2B$104M$623M1.2x
Young's PubsUnited KingdomUnited KingdomPublicly listed$682M$139M$624M1.5x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
AmRest$2.9B$461M0.8x0.8x4.8x5.6x
Elior Group$7.1B$394M0.3x0.3x4.8x4.8x
First Watch$1.2B$104M1.4x1.2x16.1x12.8x
Young's Pubs$682M$139M1.5x1.5x7.5x6.5x
MTY Food Group$853M$197M1.5x1.6x6.3x6.9x
Papa John's$2.1B$181M0.8x0.8x8.7x8.4x
Cannae Holdings$424M($162M)1.8x1.9x(4.6x)(10.7x)
DPC Dash$803M$146M0.8x0.7x4.4x4.4x

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.

Start Trial