Daves Hot Chicken Net Worth (Updated 2026).
Dave’s Hot Chicken, a Nashville-style hot chicken joint, was born out of a simple craving. In 2014, friends David Peterson and Arman Oganesyan, along with their friends, were missing the fiery, crispy chicken they’d enjoyed in Nashville. So, they decided to recreate it in their own backyard in Los Angeles. Using a secret blend of spices and a unique frying technique, they whipped up a batch of hot chicken that quickly became the talk of the town among their friends and neighbors.
The demand for their spicy, tender chicken grew so much that they decided to turn their side hustle into a full-fledged business. In 2017, they opened their first Dave’s Hot Chicken restaurant in East Hollywood. Word spread quickly about the chicken that was “too hot for the kitchen,” and soon, lines were forming around the block. Celebrities like Drake and Lebron James became fans, further boosting the restaurant’s popularity. Today, Dave’s Hot Chicken has expanded to multiple locations across the U.S., serving up their signature hot chicken to eager fans.
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Dave’s Hot Chicken: Current Net Worth
As of 2025, Dave’s Hot Chicken is valued at approximately $150 million, according to the latest available information.
Career
Dave’s Hot Chicken was founded in 2014 by David Kopushyan, Arman Oganesyan, and Tommy Gelinas. The concept started as a pop-up in Hollywood, California, and quickly gained popularity for its spicy chicken tenders. In 2017, the first brick-and-mortar location opened in North Hollywood. Today, Dave’s Hot Chicken has expanded to over 40 locations across the United States.
Other Ventures
In addition to Dave’s Hot Chicken, the founders have ventured into other food concepts. Arman Oganesyan and Tommy Gelinas are also behind the popular Los Angeles-based taco chain, Taco Libre. David Kopushyan has since left Dave’s Hot Chicken to pursue other business interests.
Assets
The primary asset of Dave’s Hot Chicken is its restaurant locations. The company also holds valuable intellectual property, including its brand name, recipes, and proprietary cooking techniques. Additionally, Dave’s Hot Chicken has formed strategic partnerships with other businesses, such as DoorDash and Uber Eats, which further drive its revenue.
Annual Income
Dave’s Hot Chicken generates an annual income of around $40 million, according to industry estimates. This revenue is derived from sales at its restaurant locations, catering services, and franchise fees. The company has experienced significant growth in recent years, with sales increasing by over 100% between 2020 and 2022.
Frequently Asked Questions about Daves Hot Chicken
Frequently Asked Questions: Dave’s Hot Chicken Net Worth
1. What is Dave’s Hot Chicken’s net worth?
Dave’s Hot Chicken’s net worth is estimated to be around $100 million.
2. Who are the founders of Dave’s Hot Chicken?
The founders of Dave’s Hot Chicken are Dave Kopushyan, Arman Oganesyan, and Tom Moore.
3. When was Dave’s Hot Chicken established?
Dave’s Hot Chicken was established in 2017.
4. How many locations does Dave’s Hot Chicken have?
As of 2021, Dave’s Hot Chicken has over 20 locations across the United States.
5. What is the most popular item on Dave’s Hot Chicken menu?
The most popular item on Dave’s Hot Chicken menu is their Hot Chicken Sandwich.
6. Is Dave’s Hot Chicken a franchise?
Yes, Dave’s Hot Chicken is a franchise. They started offering franchise opportunities in 2020.
7. What are the spice levels at Dave’s Hot Chicken?
Dave’s Hot Chicken offers five spice levels: No Heat, Spicy, Red, Green, and The Reaper.
8. Does Dave’s Hot Chicken offer vegetarian options?
Yes, Dave’s Hot Chicken offers a vegan chicken option made from Beyond Meat.
9. What is the average price of a meal at Dave’s Hot Chicken?
The average price of a meal at Dave’s Hot Chicken is around $10-$15.
10. Where can I find Dave’s Hot Chicken?
Dave’s Hot Chicken can be found in various states across the U.S., including California, Nevada, Texas, and more. You can check their official website for specific locations.
