So, You Wanna Know How Much a Wild Wing Cafe Costs, Huh? Let’s Dive In.
Wild Wing Cafe. Just the name conjures up images of mountains of wings, walls plastered with TVs, and that unmistakable, slightly chaotic, Friday night vibe. They’ve been around since 1990, slinging wings and good times i. But what does it really cost to get in on this action, whether you’re just craving a basket of wings or dreaming of owning your own franchise? Let’s break it down, shall we?
What’s a Wing Lover Gotta Pay? Wild Wing Cafe Menu Prices
Okay, so you’re hungry. The good news is, hitting up Wild Wing Cafe won’t necessarily break the bank. Prices can wiggle a bit depending on where you are, but here’s a general idea of what to expect when you’re staring down that glorious menu:
Wings, of course, are the main attraction. A six-piece order will run you around $11 and change i. Feeling hungrier? Ten wings will set you back roughly $18 to $19 i. Now, if you’re really serious, a 15-piece will cost you around $25. Planning a wing-eating contest with your buddies? A 25-piece order hovers around $41, and a whopping 50-piece will set you back about $76 i. That’s a lot of wings.
Not a wing person? (I know, I know, but it happens!) Nuggets are priced pretty similarly to the wings i. They also have burgers, wraps and sandwiches that are in the $16 to $23 range i.
Don’t forget the supporting cast! Appetizers like their Buffalo Chicken Dip or Spinach Dip are around $11 to $15. And you can’t go wrong with fries or mac and cheese for a few bucks extra i. A basket of fries is a little more at $7.
Thinking Bigger? The Cost of Owning a Wild Wing Cafe Franchise
Alright, so maybe you’re not just hungry – maybe you’re dreaming big. Maybe you envision yourself as the king or queen of your own Wild Wing Cafe empire. That’s awesome! But let’s be real, becoming a franchisee is a whole different ballgame, financially speaking.
First, there’s the franchise fee: a cool $50,000 i. Think of it as your entry ticket to the Wild Wing Cafe club.
But hold on, that’s just the beginning. The total initial investment? Buckle up. We’re talking anywhere from a little over a million to over two million dollars i! Yeah, I know. That’s a huge range, and it depends on a bunch of stuff: Are you building from the ground up? Are you renovating an existing space? Real estate, equipment, those eye-catching signs, all those TVs… it adds up fast. Some folks will tell you that you can get in for around $500,000, and others claim $350,000 – $550,000 for a new restaurant of a certain size i. Converting an existing restaurant might be cheaper, around $100,000 to $350,000 i.
And it’s not just about having the cash. They’ll also want to see that you have a net worth of at least a million bucks i. Basically, they want to make sure you’re serious and stable.
Then, of course, there are the ongoing fees. Royalties and marketing fees will nibble away at your monthly sales i. The Franchise Disclosure Document (FDD) will give you the nitty-gritty details on all of that. Read it carefully!
Can You Actually Make Money Doing This?
Okay, so you’ve sunk a ton of money into this venture. Can you actually make a profit? Well, that depends. Location is huge. A spot with tons of foot traffic is obviously going to do better than one tucked away in an industrial park. Keeping your operating costs down – things like labor, food costs, and utilities – is also critical. And, of course, the overall economy and how much competition you have in your area will play a big role.
A Few Bumps in the Road: Recent Challenges
Here’s the thing: it hasn’t all been smooth sailing for Wild Wing Cafe. Like many restaurants, they’ve faced some headwinds. In 2023, they filed for Chapter 11 bankruptcy, citing the pandemic and debt issues i. That led to some closures – about 15 locations i. They’re working on turning things around, but it’s definitely something to keep in mind if you’re thinking about franchising.
The Numbers: Revenue and Performance
Even with the recent challenges, Wild Wing Cafe is still a pretty big player. They rake in a lot of money. Recent reports estimated annual revenue at $214.7 million i. However, another source states the revenue at $5.4 million i. System sales grew a bit to almost $87 million i.
The Bottom Line: Is Wild Wing Cafe Right for You?
Look, opening a Wild Wing Cafe franchise is a major decision. It’s a huge financial commitment, and it’s not for the faint of heart. While the brand has been around for a while and has a lot of fans, you need to go in with your eyes wide open. Do your homework. Talk to existing franchisees. Crunch the numbers. And maybe, just maybe, you’ll be the next Wild Wing Cafe success story. But no matter what, get some expert advice before you sign on the dotted line!