Franchises /Food /Chicken

Wing Zone Franchise Corp.

At a Glance

Products & Services: Buffalo wings takeout & delivery

Number of Locations:

Total Investment: $247.5K - 312.5K

Founded: 1991

Began Franchising: 1999

About Wing Zone Franchise Corp.

Matt Friedman and Adam Scott founded Wing Zone when they were still undergraduates at the University of Florida in 1991. Running their business out of a fraternity house kitchen and delivering the wings to customers on campus, they sold out every night during their first week of business. In 1999 they began franchising and are now opening locations throughout the United States, still primarily targeting the college market. Wing Zone is based in Atlanta, Georgia.

Startup Costs, Ongoing Fees and Financing

Total Investment: $247,500 - $312,500
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Net Worth: $200,000
Liquid Cash Available: $60,000 - $75,000

Operations

20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 12. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

Financing Type	In-House	Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 12 days. At franchisee's location: 10 days.

Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing Support: Ad slicks, National media, Regional advertising,