Not Ranked
Initial Investment
LOW: $247,500
HIGH: $312,500
Change in Units
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Company Profile
Founded
1991
Franchising Since
1999 (17 Years)
Corporate Address
900 Circle 75 Pkwy., #930 Atlanta, GA 30339
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.
Financials
Financial Requirements
Initial Investment
$247,500 - $312,500
Net-worth Requirement
$200,000
Liquid Cash Requirement
$60,000 - $75,000
Ongoing Fees
Initial Franchise Fee
$25,000
Ongoing Royalty Fee
5%
Ad Royalty Fee
0.5%
Financing Options
Wing Zone Franchise Corp. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Franchise 500® Rank History
Highest Rank: 240
Lowest Rank: 329
Units (Locations)
Operations & Franchisor Support
Training Onsite: 10 days
Training at headquarters: 12 days
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Ad Slicks
Regional Media
National Media
Absentee Ownership Allowed
Number of employees required to run: 12
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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: August 6th, 2014
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