Wing Snob is a fast-casual restaurant featuring specially crafted chicken wings, sauces, fries, desserts, and beverages for dine-in or carry-out. The franchise operates individual units or area developments.
Key Insights
- Wing Snob started with a clear vision to establish new benchmarks of excellence within their field, combining industry expertise with customer-focused innovation to create sustainable competitive advantages that benefit both franchisees and the communities they serve.
- Customer interaction focuses on menu education, ingredient transparency, and personalized service that builds trust and loyalty while creating positive dining experiences that encourage repeat visits and word-of-mouth recommendations within the community.
- Consumer education and awareness drive increasing demand for higher quality and more specialized service options, benefiting businesses that can demonstrate expertise, reliability, and value while building trust through consistent performance and professional service delivery.
Franchise Fee and Costs to Open
Exploring the financial picture of Wing Snob gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $340,200 - $615,500, along with a franchise fee of $30,000 - $30,000.
Financial Performance and Revenue
Yearly gross sales of $757,065 and estimated earnings of $90,848 - $113,560 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 5.2-7.2 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Wing Snob provides comprehensive initial training for new franchisees. This program is approximately two weeks long and takes place at the Wing Snob corporate location. Wing Snob offers resources covering operational procedures, brand standards, and marketing strategies. The franchisor also recommends ongoing support and access to a dedicated franchise support team.
Legal Considerations
Legal considerations for a Wing Snob franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Franchisees may encounter challenges related to establishing a strong presence within their local market, navigating the intricacies of day-to-day operations, and ensuring consistent availability of key ingredients. Understanding the competitive landscape and developing efficient workflow processes will be important considerations. Dependence on established supply chains also requires careful management to maintain product quality and service standards.
Franchise Datasheet
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