Seller's Contact Information
- RE: Wings Franchises Resale - 2 Locations
- Contact: Ron Uphouse
Quick Facts
Asking Price: | $375,000 | |
Annual Revenue: | $1,882,885 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $162,334 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 12 | |
BBN Listing #: | 49998096 | |
Broker Reference #: | 9227 |
Business Overview:
Two locations! These Wing Franchises for Sale are Open, Operating and most importantly - Profitable! Each are turnkey and ready to go on Day 1. Key employees in place, and already equipped with an experienced general manager to run operations. 2021’s robust sales of over $1.8 million dollars paid a healthy dividend of over $161,000 to the current owner, after paying the franchise royalties.
Sales growth is the key to any long-term business and this opportunity is already on that growth curve. Sales in 2019 were a respectable $1 million dollars and grew in 2020 to over $1.5 million, 2021 brought the sum to almost $1.9 million. Where will 2022 end? The current owner of these Wing Franchises for Sale put over $161,000 in their pocket last year but that is just the beginning as one of the locations has only been operating for 2.5 years (opening late 2019) and is still growing. Buy this package now and make these profits yours!
Wing restaurants require low levels of labor, requiring 2-3 employees per shift, keeping labor costs down and labor issues at a minimum allows you to focus on increasing profits. Purchasing these Wing Franchises for Sale presented by We Sell Restaurants is a perfect opportunity for a new owner to come in and focus on marketing and business execution, driving the momentum curve and continue to build sales and profit.
This easy to run opportunity has a great franchise training program, if you choose to remain with the franchise. Rather than struggling to find new locations, building your restaurants from an empty shell, and then trying to build your sales, you can capitalize on the sellers efforts by adding onto the existing volume. Don’t start from zero, start at $1.9 million when you purchase these Wing Franchises for Sale.
These Wing Franchises for Sale offer locations that are surrounded by your target market; medical offices, business offices, variety of shopping outlets, restaurants, grocery stores, residential subdivisions, and schools. Both locations are located South-East of the Denver Metro area and are in high volume shopping complexes at major cross-streets. These are not strip mall, but major shopping centers. All of that adds up to profits in your lunch market and dinner market.
Location 1 - 1200 square feet easily accommodate 36 seats inside and an additional 4 seats outside. Established in 2015, sales have grown year over year and has developed a strong following in the area. Sales are supported by a Hotel and Restaurant Liquor License, an 11’ fire protected hood, an in-ground grease trap, plenty of parking, and a great reputation. The lease is in its second extension with an all-in rent and CAM of $4500, and is ready to be renegotiated.
Location 2 - 1750 square feet easily accommodate 48 seats inside and an additional 6 seats outside. Established in late 2019 (that’s right, right just before COVID), sales started slow in 2020, but have grown quickly in 2021 as the neighborhood has returned to normal life. This growth in sales is supported by a Beer and Wine Liquor License, a 15’ fire protected hood, an in-ground grease trap, plenty of parking, and great advertising. This lease is in its initial period and ready for your assumption extension with an all-in rent and CAM of $6700.
Each location has a well-maintained kitchen with all the equipment needed. Obviously, the deep fryer is the main need for any wings restaurant and each of these locations comes equipped with a half dozen double fryers. Next most important item is the walk-in coolers, and both locations are well equipped. Supporting equipment at each restaurant includes a hood, a grease trap, a grill, a two-door freezer, prep-tables, beer tap, and so much more.
When you purchase these Wing Franchises for Sale you may choose to continue with the franchise. Franchise training is required and will prepare you to optimize operations and sales and help ensure a smooth transition. Continuous support from this brand with their established business model will give any operator the tools they need to grow their own business.Or you may choose to leave the franchise and retain those earnings paid in the franchise fee. By capitalizing on the current customer base, great reputation, top notch locations, and excellent food, the future is bright.
The current owners of these Wing Franchises for Sale have decided to move on to the next stage of their lives and are looking for a buyer with the energy to continue what they have started. Are you that person?
Ready to learn more about this exciting opportunity? For more information on these Wing Franchises for Sale, visit our website www.wesellrestaurants.com, enter listing # 9227, click on “Step One to Ownership” and authorize confidentiality. After downloading your package of information on the listing, contact your Colorado Certified Restaurant Broker, Ron Uphouse, directly at 303-324-3518 or by email ron@wesellrestaurants.com.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Location 1 6 Double basket deep Fryers Grill with Grill stand prep table with wheels for steam table Commercial Toaster Oven Steamer and or Cooker 2 storage racks Mop Bucket Filter Machine (2) Fryer 7 currently in storage, we use it for Super Bowl Sunday Smallwares pots, pans, ladles, etc Music system with receiver in office shelving in office with built in desks Miscellaneous shelving 3 Prep Tables Additional Prep Table in storage we use it for Super Bowl Sunday 2 door refrigerated Prep station Reach in Freezer Ice maker with bin 4 two top Stainless steel tables 7 four top stainless steel table booths 10 person high top stainless steel table 8 person high top window seating (stainless steel top) 3 four top outdoor tables 3 outdoor tables 8 outdoor chairs 8 chairs 15 high top chairs Seating for 60 People 6 tap Beer distribution system in FOH for remote kegs LOTS of storage space under the front counter/back counter POS System with 2 Printers Toast Security System with Cameras and Monitor Safe Copy Printer machine Trash can enclosure in FOH 2 Flat screen Commercial grade TV’s for Menu Display brain boxes not included leased 4 Flat Screen TV’s 2 High Chairs 2 Booster Seats 2 bathroom tankless water heaters 14 foot Hood installed and remaining but not included in sale In Ground Grease Trap installed and remaining but not included in sale Walk In Cooler installed and remaining but not included in sale 3 compartment sink installed and remaining but not included in sale 2 hand sinks installed and remaining but not included in sale Beer cooler currently not working needs a part sold as is Location 2 6 Double basket deep Fryers Grill with Grill stand Small prep table with wheels for steam table Commercial Toaster Oven Steamer and or Cooker 2 storage racks Mop Bucket Filter Machine Smallwares pots, pans, ladles, etc Music system with receiver in office shelving in office with built in desks Miscellaneous shelving Prep Tables 2 door refrigerated Prep station Reach in Freezer Ice maker with bin 9 two top Stainless steel tables 4 four top stainless steel table booths 3 four top outdoor tables 34 chairs 6 tap Beer distribution system in FOH for local kegs POS System with 2 Printers Toast Security System with Cameras and Monitor Safe Copy Printer machine Trash can enclosure in FOH 2 Flat screen Commercial grade TV’s for Menu Display brain boxes not included leased 3 Flat Screen TV’s 2 High Chairs Employee lockers bathroom tankless water heaters 11 foot Hood installed and remaining but not included in sale In Ground Grease Trap installed and remaining but not included in sale Walk In Cooler installed and remaining but not included in sale 3 compartment sink installed and remaining but not included in sale 2 hand sinks installed and remaining but not included in sale
Market Competition and Expansion:
Newly opened location is within initial growth period, and sale are climbing.
Reason for Selling:
Relocation
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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