fbpx
    Submit
    Feedback

    Wing it On!

    Category:

    Fast Casual Restaurant

    Industry:

    Food and Beverage

    Investment Range:

    $219K-$40K

    Financing Availability?:

    Yes

    Total U.S. Locations:

    8

    Year of Founding:

    2011

    Description

    What to know about Wing it On! franchise?

    Wing It On!® operates a quick service restaurant or food truck that sells a wide variety of chicken wings, and other menu items. Wing it On! is a franchise concept in the Food and Beverage industry.

    Franchise Net Unit Growth
    Franchise Data
    Year Start of year Units Opened Units Closed Total End of Year
    2016 0 0 0 0
    2017 2 2 1 3
    2018 3 1 1 4
    2019 4 1 2 3
    2020 3 4 1 6
    Wing it On! Franchise Interview
    Details
    • Category
      Food and Beverage, Fast Casual Restaurant
    • Investment Range
      $219K-$40K
    • Total U.S Units
      8
    • Founding Year
      2011
    • U.S. Franchised Units
      6
    • U.S. Corporate Units
      2
    • Started Offering Franchises
      2011
    • Marketing Fee
      2.00%
    • Royalty Fee
      0.05
    • Franchise Fee
      $32,500-$32,500
    • Item 19 - Franchise Financials Disclosed?
      Yes
    • Headquarters (City)
      Raleigh
    • Issuance of FDD (Data Last Updated)
      4/12/2021
    Additional Details

    Where was Wing it On! founded?

    Wing it On! was founded in Raleigh.

    When did Wing it On! start offering franchises

    Wing it On! started offering franchises in 2011.

    How much does a Wing it On! franchise cost?

    The minimum amount required for a franchisee to invest is $218,750, and can go all the way up to $39,900.

    How many Wing it On! units are in the United States?

    There are 8 Wing it On! locations in the United States, of which 2 are corporate units and 6 are franchise units.

    From the Franchise Disclosure Document of Wing it On!, that was issued on April 12, 2021.

    e offer franchises to qualified individuals and entities to own and operate a Wing It On! franchise under our service marks, trade names, programs, and systems under the name “Wing It On!” (the “Mark(s)”). Our franchisees operate a quick service restaurant or food truck that sells a wide variety of chicken wings, and other menu items for both dine in and carry out under the Marks and the Wing It On! programs and systems (the “Method of Operation”).

    Investiment Amount

    $219K-$40K

    Year Of Founding

    2011

    Total U.S. Units

    8

    Industry Report Request

    Download our guide to compare Wing it On! to the Food and Beverage, Fast Casual Restaurant industry.

    By clicking the button, you agree to Vetted Biz’s Terms of Use and Privacy Policy and consent to receive notices and other communications electronically.

    Details
    • Category
      Food and Beverage, Fast Casual Restaurant
    • Investment Range
      $219K-$40K
    • Total U.S. Units
      8
    • Founding Year
      2011
    • U.S. Franchised Units
      6
    • U.S. Corporate Units
      2
    • Started Offering Franchises
      2011
    • Marketing Fee
      2.00%
    • Royalty Fee
      0.05
    • Franchise Fee
      $32,500-$32,500
    • Item 19 - Franchise Financials Disclosed?
      Yes
    • Headquarters (City)
      Raleigh
    • Issuance of FDD (Data Last Updated)
      4/12/2021
    Take Our Quiz

    What are your goals in opening a business?

    Flexibility
    Financial Gain
    Quality of life
    Challenge Myself
    Be my own boss
    Get a Job

    Detailed Metrics

    Detailed Franchise metrics for Wing it On! Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Wing it On! below. “N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

    Industry Report Request

    Download our guide to compare Wing it On! to the Food and Beverage, Fast Casual Restaurant industry.

    By clicking the button, you agree to Vetted Biz’s Terms of Use and Privacy Policy and consent to receive notices and other communications electronically.

    Net Unit Growth (most recent year)
    Net Unit Growth (3-years)
    Investment Midpoint
    The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document.
    Access premium content Sign In
     
    Wing it On! XXX.XXX.XXX
    Industry median: XXX.XXX.XXX
    All franchises median: XXX.XXX.XXX
    Franchise Fee Midpoint
    Payment that the franchisee must pay to the franchise owner in order to start a franchise.
    Access premium content Sign In
     
    Wing it On! XXX.XXX.XXX
    Industry median: XXX.XXX.XXX
    All franchises median: XXX.XXX.XXX
    Growth Rate
    The percentage change of total franchise units from one year to the next.
    Access premium content Sign In
    1-year 3-year
    Wing it On! XXX XXX
    Industry median: XXX XXX
    All franchises median: XXX XXX
    Royalty Fee
    The median royalty fee from the Franchise Disclosure Document.
    Access premium content Sign In
     
    Wing it On! XXX.XXX.XXX
    Industry median: XXX.XXX.XXX
    All franchises median: XXX.XXX.XXX
    Failure Rate
    Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.
    Access premium content Sign In
    1-year 3-year
    Wing it On! XXX XXX
    Industry median: XXX XXX
    All franchises median: XXX XXX
    Franchise for Sale Rate
    The percentage of units transferred to new franchisees and reacquired by franchisor.
    Access premium content Sign In
    1-year 3-year
    Wing it On! XXX XXX
    Industry median: XXX XXX
    All franchises median: XXX XXX
    Franchise Financials
    Franchisor company financial information and financial performance representations, if disclosed by the franchisor.
    Access premium content Sign In
    Item 19 – Financial Performance Representations
    Historical financial performance representations.
    Access premium content Sign In
    Current Franchisee List
    List of all current franchisees. Helpful for verifying the franchies opportunity and identifying individuals who might want to sell.
    Access premium content Sign In
    Franchise Disclosure Document
    Download Latest FDD

    (2020)

    Not Available
    Sba Loan Data

    SBA Loan for Wing it On! Details

    Please visit the SBA Loan Franchise Directory for the latest details on each franchise and its SBA loan eligibility.

    Vetted Biz has reviewed the SBA Loan Data for Wing it On!. Wing it On! is available for SBA financing. Wing it On!'s SBA Franchise Identifier Code was issued on April 24, 2018. Wing it On! also meets the Federal Trade Commission's definition of a franchise.

    SBA Loan Information
    • Loan Eligible for SBA financing (listed on SBA Franchise Directory)?
      Yes
    • Meets the FTC's definition of a franchise?
      Yes
    • Franchise Identifier Code for SBA Loans
      S3001
    • Issuance Date of Identifier Code
      April 24, 2018
    • Addendum Required for SBA Financing?
      Yes
    • SBA Standard Addendum (Form 2462)
      Yes
    • SBA Negotiated Addendum
      No
    • FDD Issuance Date
      4/12/2021
    • Last Reviewed on SBA Franchise Directory
      June 2020
    • Last updated on Vetted Biz
      August 2020
    Receive more information on how to obtain an SBA loan

    By clicking the button, you agree to Vetted Biz’s Terms of Use and Privacy Policy and consent to receive notices and other communications electronically.

    Relevant Articles
    [latest-selected-content perpage="2" showpages="3" display="title,date,excerpt-small" chrlimit="120" url="yes" linktext="Read more" image="thumbnail" elements="3" css="two-columns tall as-overlay light" type="post" status="publish" orderby="dateD" show_extra="ajax_pagination,light_spinner,pagination_all,date_diff,category,hide_uncategorized_category"]
    Detailed Sba Loan Data Request

    Contact us today for a due diligence on all current and past SBA Loans issued to Wing it On!

    As part of our due diligence process for franchises, we review the SBA loan success ratio. This is a fundamental indicator for measuring past success for a given franchise brand. We review SBA loan data for the past 30 years (including SBA loans paid in full and charged off). If you engage our services, we will vet Wing it On! for items that influence the business success should you decide to buy a Wing it On! franchise. The SBA loan success ratio is an important factor we consider along with other items included on our franchise search & due diligence page.

    Contact us today

    You May Also Be Interested In

    Submit Feedback