How much does a Buffalo Wild Wings® Grill&Bar franchise cost?
What Does a Buffalo Wild Wings® Grill & Bar Franchise Cost? To buy a franchise with Buffalo Wild Wings® Grill & Bar, you'll need to have $750,000 - $1,500,000 in liquid capital and a net worth of $1,500,000 - $3,000,000. Franchisees can expect to make a total investment of $1,443,700 - $3,589,700. * What does Liquid Capital mean? What is Net Worth?
What do you need to become a Buffalo Wild Wings franchisee?
Franchisees will also need to meet the company's set net worth and liquid capital requirements. Being a leading casual dining restaurant, Buffalo Wild Wings may have both the notoriety and the global market to provide you with an operational business.
Is Buffalo Wild Wings a good business to start?
Being a leading casual dining restaurant, Buffalo Wild Wings may have both the notoriety and the global market to provide you with an operational business. Their restaurant stores may be well-known throughout the world, and they've earned a good reputation.
Where does Buffalo Wild Wings rank in franchise ranking?
Buffalo Wild Wings is ranked #116 in the Franchise 500! Bio. 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.
Can you franchise 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 $3.5 million.
How much profit does Buffalo Wild Wings make?
Key Financials (Last Fiscal Year)$ 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 is the royalty fee for Buffalo Wild Wings?
5% of$4,604,800Type of FeeAmountRoyalty Fee5% of gross sales.Advertising Fee3.25% of gross sales.Audit CostsCost of audit.Learning Management System FeeCurrently $60.99 plus tax per sports bar per year, but may change depending on number of Buffalo Wild Wings sports bars participating.13 more rows
How much does a Buffalo Wild Wings cost to build?
Buffalo Wild Wings has the franchise fee of up to $25,000, with total initial investment range of $2,695,100 to $4,244,300.
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
What is the stock symbol for Buffalo Wild Wings?
BWLDBuffalo Wild Wings (BWLD)
What is the most profitable franchise?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
What is the cost of McDonald's franchise?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
How much is a Wingstop franchise?
Franchise fee: The Wingstop franchise fee is $20,000 per store. There is also a development fee of $10,000 per store. Keep in mind, you're required to open at least three stores. Net worth: Wingstop requires a minimum net worth of $1.2 million.
How much is it to buy a Taco Bell franchise?
Costs overview Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.
Is Buffalo Wild Wings a franchise or corporate?
Founded in 1982 and franchising since 1991, Buffalo Wild Wings has become one of the largest casual dining restaurants in the world. With franchises in the U.S., Canada, India, Mexico, Oman, Panama, Philippines, Saudi Arabia, United Arab Emirates, and Vietnam, they are dedicated to bringing casual dining to everyone.
Who founded Buffalo Wild Wings?
James DisbrowScott LoweryBuffalo Wild Wings/Founders
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.
Who founded Buffalo Wild Wings?
James DisbrowScott LoweryBuffalo Wild Wings/Founders
How much capital do you need to buy Buffalo Wild Wings?
To buy a franchise with Buffalo Wild Wings® Grill & Bar, you'll need to have $750,000 - $1,500,000 in liquid capital and a net worth of $1,500,000 - $3,000,000. Franchisees can expect to make a total investment of $1,443,700 - $3,589,700. *
How many Buffalo Wild Wings are there?
There are over 1,000 company-owned and franchised Buffalo Wild Wings ® restaurants in all 50 U.S. States, Canada, Mexico and the Philippines.
Where are Buffalo Wild Wings located?
States, Canada, Mexico and the Philippines.
Do Buffalo Wild Wings franchises have to have a general manager?
Every Buffalo Wild Wings franchise location is required to have a full-time, qualified General Manager with direct experience in unit-level management in casual dining including alcohol.
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 .
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.
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 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.
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.
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?
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.
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.
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.
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.
What is the purpose of royalty fee?
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
