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East Coast Wings Corp.

2013 Franchise 500
#349
At a Glance

Products & Services: Buffalo-style wings & family dining

Number of Locations: 21

Total Investment: $332.8K - 645.14K

Founded: 1995

Began Franchising: 2004

About East Coast Wings Corp.

The first East Coast Wings restaurant opened in Winston-Salem, North Carolina, in 1995. In 2001, Sam Ballas and Steve G. Kontos purchased the restaurant and using their combined 40 years of restaurant experience, and the help of industry experts, reworked the concept and began franchising it in 2004. The menu features chicken wings with 75 sauce choices, along with sandwiches, ribs, Mexican entrees and more.

Franchise Units

Year U.S. Canadian International Company Owned
2012 20 0 0 1
2011 19 0 0 1
Where Seeking Franchisees: Franchisor is seeking new units internationally.

Startup Costs, Ongoing Fees and Financing

Total Investment: $332,800 - $645,140
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000 - $300,000
Liquid Cash Available: $70,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 14 - 26. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 3 weeks. Commissary : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #349 (2013),

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