Rank no. 349 – East Coast Wings Corp. – US
Products & Services: Buffalo-style wings & family dining
Number of Locations: 25
Total Investment: $245.05K – 873.36K
Began Franchising: 2004
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.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $850,000
Liquid Cash Available: $250,000
90% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 25 – 50. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|