- 2022 Franchise 500 Rank
-
#320 Not ranked last year
- Initial investment
-
$454K - $1.3M
- Units as of 2022
-
29 26.1% over 3 years
Here’s what you need to know if you’re interested in opening a Epic Wings franchise.
Epic Wings is a family-run fast dine franchise specializing in chicken wings and secret sauces, tenderloin strips, hand-rolled breadsticks, pizza, and sides. Known as Wings N’ Things when it first opened in San Diego, California, in 1982, Epic Wings began franchising in 2018.
When it first began, specialty chicken wings were lower on the totem pole and people were not always happy to try a new food unless offered free samples.
Epic Wings helped introduce buffalo wings to the West Coast and, later, across America with their award-winning recipes. Over three decades, the restaurant has opened more than 20 locations and is pursuing an aggressive strategy by franchising the emerging brand.
Why You May Want to Start an Epic Wings Franchise
Epic Wings says it believes in all things fresh and authentic, especially food. If you share this philosophy, you could be a happy addition to the company’s franchise family. The brand has consistently maintained its high standards of taste and quality by sticking to fresh ingredients. Epic Wings believes that these high standards are the real secret to their success as a business.
A deeper look into Epic Wings may reveal a community-centered strategy that seems compelling, judging by its apparent following. Epic Wings could boast industry-leading brand appeal that comes from being a restaurant that prepares everything from scratch. In line with this market positioning, there are no freezers or other major food preservation equipment in any of its locations, which has helped keep the menu and operations simple.
What Might Make an Epic Wings Franchise a Good Choice
As an Epic Wings franchisee, you will receive support from the franchise development team across all stages of your new business, from site selection to store opening to marketing and operational training. But as with any other franchised brand, you will need to make a few preparations yourself, ensuring that you are a good fit for the opportunity.
To be part of the Epic Wings team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should 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 an Epic Wings Franchise
As you decide if opening an Epic Wings franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Epic Wings franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
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. As part of your due diligence, you may want to speak to existing franchisees and ask the Epic Wings franchising team questions.
Company Overview
About Epic Wings
Franchising Overview
- Franchising Since
- 2018 (4 years)
- # of employees at HQ
- 10
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 29 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Epic Wings 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
- $30,000
- Initial Investment
- $454,160 - $1,261,200
- Net Worth Requirement
- $400,000 - $500,000
- Cash Requirement
- $200,000 - $2,500,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 5%
- Ad Royalty Fee
- 2%
- 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
- Epic Wings 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
- 140 hours
- Classroom Training
- 20 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty 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
- 10-25
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Epic Wings franchise.
Franchise 500 Ranking History
Compare where Epic Wings landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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