After doing some research and reading many reviews, I've seen a common theme. Most people love the wings, and are impressed with the fast deliveries. I think that franchising this business in a high traffic area, preferably near a large high school or college, would be ideal. This is because the price is not terrible, but the quality is so high that people would even be willing to pay more than what they pay already. These factors give me good reason to believe that starting a Wings Over... franchise in a large city or college town would be quite successful.
According to The Franchise Mall, the initial franchise fee is $20,000. Also, according Entrepreneur, you have to have at least $50,000 of liquid cash available, and a net worth of $275,000. By franchising a Wings Over... restaurant, you incur a 4% royalty fee. The Franchise Mall also says that your total investment may be upwards of $275,000. While that is a large sum of cash, I do think it would be very lucrative to franchise a Wings Over... restaurant. This is because of the training offered in lieu of financial assistance. Before you even open your restaurant, you receive training for 10 days from 3 trainers to get you and your staff ready. Included with that are newsletters, meetings, 24/7 phone line, and field operations evaluations. All in all, I think this would be a great investment, short term and long term.
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