百大连锁店-Rank no. 349 – 新移民致富之路
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
Founded: 1995
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.
Franchise Units
| YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
| 2013 | 23 | 0 | 0 | 2 |
| 2012 | 20 | 0 | 0 | 1 |
| 2011 | 19 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $245,050 – $873,374
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $850,000
Liquid Cash Available: $250,000
OPERATIONS
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 |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee’s location: 2 weeks+.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #349 (2013),
