East Coast Wings Corp.

East Coast Wings Corp.

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Initial Investment

LOW: $655,875
HIGH: $1,005,974

Change in Units

0.0% 0 UNITS (1 Year)
+36.0% +9 UNITS (3 Years)

Company Profile

Founded

1995

Franchising Since

2004 (13 Years)

Corporate Address

100 Cambridge Plaza Dr. Winston-Salem, NC 27103

CEO

Sam Ballas

About East Coast Wings Corp.

The first East Coast Wings restaurant opened in Winston-Salem, North Carolina, in 1995. The menu features chicken wings with 75 sauce choices, along with burgers, sandwiches, salads, fajitas, ribs and more.

Financials

Financial Requirements

Initial Investment

$655,875 - $1,005,974

Net-worth Requirement

$425,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

East Coast Wings Corp. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


$5,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 14 days

Training at headquarters: as needed

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 25 - 50

Related Franchises

Related Articles

Searching for a Franchise? Buy into Something You Don't Love.

Searching for a Franchise? Buy into Something You Don't Love.

Loving the product or service offered shouldn't be the reason you buy a franchise.
Rick Bisio
Meet This Year's Fastest Growing Franchises

Meet This Year's Fastest Growing Franchises

We release our annual list.
Tracy Stapp Herold
9 Small-Business Trends That Should Be on Every Entrepreneur's Radar

9 Small-Business Trends That Should Be on Every Entrepreneur's Radar

The struggle to make a living on Main Street never ends, but millions of people are remarkably happy trying to do it.
David Nilssen

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 27th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012