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- 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.
About Epic Wings
- Franchising Since
- 2018 (4 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 29 (as of 2022)
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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $454,160 - $1,261,200
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $400,000 - $500,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $200,000 - $2,500,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
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
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Epic Wings landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Epic Wings ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Epic Wings.
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