Wings and Rings
Sports restaurants and bars
- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.5M - $2M
- Units as of 2023
-
87 7.4% over 3 years
Wings and Rings, formerly Buffalo Wings and Rings, was founded in 1984, and is a sports-inspired restaurant. With more than 80 locations, they have grown their name among the sports restaurant experience, attracting hundreds of people at each location in the U.S. and internationally. Wings and Rings is dedicated to providing flavorful food day or night.
As you run your franchise, you may interact with food-loving sports enthusiasts. The perfect candidate for a Wings and Rings franchisee most likely has a knowledge of the local market, multi-unit restaurant experience, and a passion for getting involved in their local community.
Why You May Want to Start a Wings and Rings Franchise
Wings and Rings have carved a niche for themselves in the market, bringing delicious food to sports fans. They offer a wide variety of beverages, starters, and meals, including their famous buffalo wings, onion rings, and so much more. With their carefully thought-out and diverse menu, they may attract various clientele.
The brand also offers VIP service in a club-level sports restaurant and bar environment. The friendly staff creates a lively atmosphere for families and friends to get together, enjoy a game, and taste delicious food. If you love the idea of offering delicious food in a fun environment, then a Wings and Rings franchise is probably a good option.
What Might Make a Wings and Rings Franchise a Good Choice?
Opening a Wings and Rings franchise may offer you the opportunity to build a business in the multi-billion-dollar food industry. Each franchise location reports their numbers at the end of each quarter. Oftentimes, their numbers may go up. As a potential Wings and Rings franchisee, you join a network of specialty restaurants committed to providing quality food. Wings and Rings is committed to helping each franchisee achieve growth in the food industry with their unending support, including a winning marketing strategy.
To be part of the Wings and Rings team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Wings and Rings Franchise
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Research the brand and your local area to see if a Wings and Rings franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
To start a Wings and Rings franchise, you will first need to submit an inquiry form.
After you have completed the official application, you may get the chance to meet the Wings and Rings team and they will answer any questions you may still have. Once you've signed on board, a Wings and Rings franchise representative will help you move forward with opening your new Wings and Rings business!
Company Overview
About Wings and Rings
| Industry | Food |
|---|---|
| Related Categories | Sports Bars/Pubs, Chicken, Miscellaneous Full-Service Restaurants |
| Founded | 1984 |
| Leadership | Nader Masadeh, CEO |
| Corporate Address |
396 Wards Corner Rd. Loveland, OH 45140 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 1988 (35 years) |
|---|---|
| # of employees at HQ | 35 |
| Where seeking |
This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
| # of Units | 87 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Wings and Rings franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$0 - $40,000 |
|---|---|
|
Initial Investment
|
$1,482,700 - $1,999,700 |
|
Net Worth Requirement
|
$1,500,000 |
|
Cash Requirement
|
$500,000 |
|
Royalty Fee
|
to 5% |
|
Ad Royalty Fee
|
2%-4% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Wings and Rings has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 173+ hours |
|---|---|
| Classroom Training | 13 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 40 |
|
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Wings and Rings? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Wings and Rings landed on this year's Franchise 500 Ranking versus previous years.
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