|Liquid Capital Required:||$250,000|
|Net Worth Required:||$1,000,000|
|Total Investment:||$1,300,000 - $1,700,000|
|Royalty Type:||5% of gross sales|
|Financing:||Via 3rd party|
|Incorporated Name:||Buffalo Wings & Rings|
|Home Office:||Cincinnati, OH|
About Buffalo Wings & Rings
Buffalo Wings & Rings is the ultimate sports-themed restaurant where everyone is a VIP. From a chef-inspired menu to our signature wings, Buffalo Wings & Rings provides the ultimate dining experience complete with over 50 TV's in a bright and well-lit environment that ensure you don't miss a moment of the action. Our wide selection of menu choices includes gyros, gourmet hot dogs, fresh chopped salads with homemade dressings, and more, as well as a healthy selection of craft beers. At Buffalo Wings & Rings you'll always have the best seat in the house for a fantastic experience that goes far beyond just buffalo wings.
Values & History
The Buffalo Wings & Rings dining experience was created in Cincinnati in 1984. Its strong success lead to a joint purchase in 2005 by a management team led by Philip Schram, Nader Masadeh, and Haytham David, who each took senior management roles within the company. Just three years later in 2008, the restaurant was named the number one company in Restaurant Business magazine's Future 50 list of growing chains. Now with over 80 units in operation across the globe, Buffalo Wings & Rings offers franchisees access to an award-winning business model that's sure to be a success.
The bar and grill category makes up over $50 billion within the $200 billion table service restaurant market. Americans spent an average of $1.7 billion on wings in 2013, up 6.4% over the previous year on a continuously rising trend. The Buffalo Wings & Rings brand has experienced annual growth of 13% year-to-year for over seven years running, with 16 consecutive quarters of same-store sales growth. The Buffalo Wings & Rings dining experience offers franchisees the simplicity of fast-casual dining with the revenue of casual models.
Purchasing a Buffalo Wings & Rings Franchise
Access to at least $250k in liquid capital is needed for potential franchisees, while a minimum net worth of $1 million is required. The total investment potential will be between $1.3 million and $1.7 million, based on a leased space of 6,000 square feet. Royalty fees run 5% of gross sales. Financing through third-party lenders is available for qualified candidates.
Ideal Candidate & Qualifications
Ideal candidates for a Buffalo Wings & Rings franchise ownership will have a background in business or restaurant management, solid leadership skills, and a general dedication to high-quality service. People who want to start their own business under a proven model in a growing industry are preferred, and overall love for sports doesn't hurt.
Training & Support
Thorough training on all aspects of business operation is provided to new franchisee owners. Buffalo Wings & Rings recognizes that franchisees are the driving force behind the brand, so you'll be backed every step of the way with personal, on-the-ground support, vendor buying power, store design and construction guidance, and marketing strategies and materials to build brand identity for your growing business.