The Buffalo Spot Franchise
To buy a franchise with The Buffalo Spot, you'll need to have at least $300000 in liquid capital and a minimum net worth of $350000. The Buffalo Spot charges a franchise fee of $40000.
Franchisor Details
Total Units: 21
Year Founded: 2013
Franchising Since: 2014
Home Office: Garden Grove, California
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $300,000
Net Worth Required: $350,000
Total Investment: $170,000 – $350,000
Franchise Fee: $40,000
Royalty Type: 5% of Gross Sales
Vetern Discount: No
*The Buffalo Spot is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wisconsin, Wyoming
Values & History
The dream of opening The Buffalo Spot met many hurdles on its path to realization, but finally, in December of 2013, the first location was opened in Long Beach, California. The restaurant met with immediate success, and additional locations were opened up the following year to keep up with the rising demand. Based on the simple, yet proven concept of chicken meets potato, this wildly successful franchise now has over 20 locations in operation, putting us on track to meet our goal of 100 operational units.
Industry Performance
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.
Training & Support
Comprehensive training on all aspects of business operation is provided to new franchise owners, as well as assistance with site location and setup, access to marketing materials and advertising strategies, and much, much more. For details on the training program and its benefits to franchise owners, contact The Buffalo Spot today.
Ideal Candidate & Qualifications
The Buffalo Spot is looking for people with a real passion for food. Restaurant experience is a huge plus, and a background in management, marketing, sales, or finance is incredibly helpful. Strong organizational and team leadership skills are critical, and franchise owners will need to maintain a strong level of motivation and positivity to ensure the continued growth and development of their business as owner-operators who will manage operations directly full or part-time.
Purchasing a The Buffalo Spot Franchise
Our franchise owners need to have a minimum net worth of $750,000 to be considered, as well as access to liquid capital funds of at least $500k. The average initial investment potential depends on a variety of factors but typically falls somewhere between $350,000 and $400,000.
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