Franchise FAQ

can you buy a buffalo wild wings franchise

by Vivian Bogan Published 2 years ago Updated 1 year ago
image

To buy a franchise with Buffalo Wild Wings

Buffalo Wild Wings

Buffalo Wild Wings is an American casual dining restaurant and sports bar franchise in the United States, Canada, India, Mexico, Oman, Panama, Philippines, Saudi Arabia, United Arab Emirates, and Vietnam which specializes in Buffalo wings and sauces.

Grill & Bar, you'll need to have at least $750,000 in liquid capital and a minimum net worth of $1,500,000. Franchisees can expect to make a total investment of $1,443,700 - $3,589,700. They also offer a discount for veterans (We discount the initial territory fee by $15,000).

Buffalo Wild Wings Franchise Cost
Franchise Cost
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
https://en.wikipedia.org › wiki › Franchise_fee
/ Initial Investment / Income. A minimum $750,000 in liquid cash is required to open a Buffalo Wild Wings franchise, with investment levels between $1.5 million to $3.5 million.

Full Answer

How much does it cost to open Buffalo Wild Wings franchise?

The Buffalo Wild Wings headquarters is now located in Minneapolis, Minnesota. In 2010, the company expanded into Canada. A minimum $750,000 in liquid cash is required to open a Buffalo Wild Wings franchise, with investment levels between $1.5 million to $3.5 million.

How many Buffalo Wild Wings® restaurants are there in the US?

There are over 1,000 company-owned and franchised Buffalo Wild Wings ® restaurants in all 50 U.S. States, Canada, Mexico and the Philippines. What Does a Buffalo Wild Wings® Grill & Bar Franchise Cost?

Where does Buffalo Wild Wings come from?

Buffalo Wild Wings Franchise. Buffalo Wild Wings got its start in 1981 after Jim Disbrow and Scott Lowery moved from Buffalo, New York, to Kent, Ohio.

Why invest in Buffalo Wild Wings?

Buffalo Wild Wings seeks Area Development franchisees, with a minimum commitment to open two restaurants. All new franchisees receive extensive support and training, as well as assistance with site selection, design and construction, guidance in securing liquor licences, grand opening promotions and ongoing operational and management tools.

See more

image

Is Buffalo Wild Wings a franchise?

Franchise Description: Buffalo Wild Wings International, Inc. is the franchisor. The franchisor is a subsidiary of Inspire Brands, Inc.

Who owns the Buffalo Wild Wings franchise?

Inspire BrandsBuffalo Wild WingsFormerlyBuffalo Wild Wings & Weck (1982–1998)Total equityUS$517.90 million (2016)Number of employees~44,000 (2016)ParentIndependent (1982–2018) Inspire Brands (2018–present)Websitewww.buffalowildwings.com15 more rows

How much profit does Buffalo Wild Wings make?

Key Financials (Last Fiscal Year)$ millions% changeRevenues ($M)$1,9879.6%Profits ($M)$94.7-0.3%Assets ($M)$1,047-Total Stockholder Equity ($M)$518-1 more row

What franchise is the most profitable?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

How much does it cost to start a Buffalo Wild Wings?

A minimum $750,000 in liquid cash is required to open a Buffalo Wild Wings franchise, with investment levels between $1.5 million to $3.5 million.

How is Buffalo Wild Wings doing financially?

Average Sales / Revenue per Year Buffalo Wild Wings recorded revenues of $3.114 billion in 2020, a drop from their sales in 2019 that was recorded to be around $3.669 billion.

Who is Buffalo Wild Wings competitors?

Buffalo Wild Wings competitors include Darden Restaurants, Hooters, Applebee's and Dennys. Buffalo Wild Wings ranks 5th in CEO Score on Comparably vs its competitors.

How Much Does Buffalo Wild Wings pay in California?

How much does Buffalo Wild Wings in California pay? Average Buffalo Wild Wings hourly pay ranges from approximately $10.00 per hour for Server/Trainer to $19.16 per hour for Shift Manager.

Who founded Buffalo Wild Wings?

James DisbrowScott LoweryBuffalo Wild Wings/Founders

Can you get rich owning a franchise?

The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.

Do franchise owners make money?

Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.

Which franchise is best in 2022?

Franchises provide a strong corporate and management framework, plus marketing, merchandising and production support....Bluevine Business CheckingDunkin' ... Anytime Fitness. ... Planet Fitness. ... Orangetheory Fitness. ... Primrose Schools. ... Kiddie Academy. ... Kumon Math and Reading Centers. ... Ace Hardware.More items...•

What is Buffalo Wild Wings net worth?

Buffalo Wild Wings Financial InformationCEOPaul BrownRevenue$2.0BNet IncomeUS$ 94.21 million (2016)Market Capitalization$1.8BTotal AssetsUS$ 1.05 billion (2016)7 more rows

What is the stock symbol for Buffalo Wild Wings?

BWLDBuffalo Wild Wings (BWLD)

What is the cost of McDonald's franchise?

Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.

How many employees does inspire brands have?

650,000Inspire BrandsTypePrivateRevenueUS$14.6 billion (2020)Number of employees650,000 (2020)SubsidiariesArby's Baskin-Robbins Buffalo Wild Wings Dunkin' Donuts Jimmy John's Mister Donut Rusty Taco Sonic Drive-InWebsiteinspirebrands.com8 more rows

How much cash is needed to open Buffalo Wild Wings?

A minimum $750,000 in liquid cash is required to open a Buffalo Wild Wings franchise, with investment levels between $1.5 million to $3.5 million.

How many Buffalo Wild Wings are there in the US?

Things took off from there, to put it mildly, and today there are more than 600 Buffalo Wild Wings restaurants, both company-owned and franchised, in 45 U.S. states.

What are Buffalo Wild Wings known for?

Have a craving for delicious wings? Want a casual, fun dining experience while taking in your favorite sporting events and enjoying great service? Buffalo Wild Wings Grill & Bar is the place. Known for its wings, Buffalo Wild Wings offers them in a variety of flavors, including Honey BBQ, Mango Habanero, Wild and of course, Hot, and many others to fit customers’ moods. But it’s not just wings; Buffalo Wild Wings also offers a wide selection of salads, chicken tenders and shrimp dishes, wraps and sandwiches, burgers, ribs, desserts and beverages. Perhaps best of all, while chomping on wings or the other great food on the menu, you can catch a game on one of the many HDTV screens affixed to every wall for a good view.

What is Buffalo Wild Wings' marketing strategy?

Buffalo Wild Wings enhances its marketing strategy with frequent special promotions, which have proven to be highly successful , including their IRONFAN for dedicated customers; Wing Tuesdays; Boneless Thursdays; and a B-Dubs Buffalo Wild Wings mobile app.

Is HealthyYOU a franchise?

The proven HealthyYOU model requires no employees and allows you to monitor your machines from home or from mobile devices. There are no franchise fees, royalties, marketing fees or post-investment required purchases.

Is Buffalo Wild Wings a franchise?

Buffalo Wild Wings is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $1,000,000 .

What is Buffalo Wild Wings?

Buffalo Wild Wings is the Great American Sports Bar. Buffalo Wild Wings is the largest sports bar brand in the U.S. with over 1,200 sports bars in 10 countries. Pause.

How many sports bars are there at Buffalo Wild Wings?

Buffalo Wild Wings continues to elevate its bar-food game. Buffalo Wild Wings is the largest sports bar brand in the U.S. with over 1,200 sports bars in 10 countries. Inspiring Legendary Experiences. Between Friends.

Where did Buffalo Wild Wings and Weck start?

After moving from Buffalo, New York, to Kent, Ohio, friends James Disbrow and Scott Lowery couldn't find a restaurant that served the Buffalo-style chicken wings they still craved, so they decided to open their own. Their first sports bar, originally named Buffalo Wild Wings & Weck (or BW-3), opened in Columbus, Ohio, in 1982. The company began franchising in 1991. In addition to wings and 14 signature sauces, Buffalo Wild Wings restaurants offer a full menu including salads, sandwiches, burgers and ribs.

How long is a franchise agreement?

20 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

Background

The fast food industry is a multi-billion industry that is responsible for countless of jobs. There are countless reasons to invest in restaurants. For example, it is an in-demand business that has location requirements. The Buffalo Wild Wings franchise meets these requirements. It also has real estate and site criteria.

Support and Training Offered By Buffalo Wild Wings

In terms of training, the franchisee can expect On-The-Job Training that lasts 300 hours, as well as Classroom Training that lasts 40 hours.

Where did Buffalo Wild Wings start?

Before we dive right into the Buffalo Wild Wings franchise cost, let’s tackle a few key info about the franchise itself. The business started in 1982 when Jim Disbrow and Scott Lowery moved from Buffalo, New York to Ohio. Craving for Buffalo wings, they decided to open their own joint on High Street in Columbus.

How long does it take to train Buffalo Wild Wings?

Before opening the bar (not more than 120 days, but not less than 60 days prior), the head office will provide a course to train the location’s team. Not less than four people from the new location will be taught in the initial in-restaurant training and familiarization course. In short, all attendees should complete the course according to standards set by the head office.

What is The Mr. Appliance Franchise Cost?

For your home and office appliance needs and repairs, there’s only one name you can trust if you’re in the United States or Canada. Mr. Appliance is a reliable company with decades of experience. The company has been offering franchising opportunities since 1996. So, if you want a money-making venture, learn more about Mr. Appliance’s franchise terms and costs.

What is The Real Cost of A Lemonshark Poke Franchise?

However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.

How long is franchising phase 1 training?

The franchisor may conduct the Phase I training at a chosen location or via video call or webinar. This training will last five days. However, the duration may vary depending on the participants’ experience, knowledge, or qualifications. After they complete Phase I training, they will proceed to Phase II training which will last another five days.

Does franchising offer direct financing?

However, the franchisor doesn’t offer indirect or direct financing nor guarantee a note, lease, or other obligations to the franchisee.

When was Flip Flop Shops founded?

Flip Flop Shops was founded in 2004. It’s known as the curator of all premiere flip flop brands. The retail store started franchising in 2007 and has successfully opened over 55 units. It carries famous flip flop brands such as:

Who is Buffalo Wild Wings?

Franchise Description: Buffalo Wild Wings International, Inc. is the franchisor. Buffalo Wild Wings restaurants have a sports entertainment-oriented, casual/fast casual restaurants/sports bars that feature chicken wings, sandwiches and other products, beverages and services using the franchisor’s certain standards and specifications and otherwise operate under the system and the trademark. The franchisor is a subsidiary of Inspire Brands, Inc.

How long is Buffalo Wild Wings training?

The classroom training is a self-directed training curriculum. The franchisor conducts the initial seven weeks of on-the-job training for their first Buffalo Wild Wings sports bar at a certified training sports bar that the franchisor’s affiliates operate.

What are the obligations of a sports bar franchisee?

Obligations and Restrictions: During the term of the Franchise Agreement, franchisees (if franchisee is an individual) or the control person must devote full time and best efforts to the management of the sports bar. The “control person” is the individual who has the authority to actively direct the business affairs regarding the sports bar, is responsible for overseeing the general management of the sports bar and has authority to sign all contracts. Franchisees, their control person or their unit general manager must provide direct on-premises supervision to the sports bar. Franchisees must offer for sale at the sports bar all of the menu items and food and beverage products that the franchisor periodically requires and franchisees may not offer at the sports bar any unapproved products or menu items or use the premises for any purpose other than the operation of a sports bar .

How long does a franchise last?

Term of Agreement and Renewal: The length of the initial franchise term is 20 years. If requirements are met, franchisees can renew for one additional term of 10 years.

Does Franchise Direct sell your information?

Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.

How many Buffalo Wild Wings franchises are there?

Buffalo Wild Wings also provides franchise opportunities. As of 2018, the company operates 591 franchises in the United States and 47 ones outside the country - Canada, India, Mexico, Oman, Panama, Philippines, Saudi Arabia, United Arab Emirates, and Vietnam.

How much money do you need to open a Buffalo Wild Wings franchise?

In order to open a Buffalo Wild Wings franchise, you must have a net worth of more than $750,000. Appreciate the investment required for a sport bar franchise. Evaluate your prior experience and strengths.

What is Buffalo Wild Wings?

Please try again later. Buffalo Wild Wings is an American casual dining restaurant and sports bar chain which specializes in Buffalo wings and sauces. The company was founded in 1982 and is based in Atlanta, Georgia.

What is Buffalo Wild Wings known for?

Buffalo Wild Wings is best-known for its buffalo wings with 12 signature sauces. They also have a full menu featuring salads, appetizers, burgers, and specialty items.

Can you own a franchise if you are absent?

Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators)

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9