Profitable Turn Key Specialty Wings Restaurant w/2 LocationsListing: #FW00014
About this Business for sale in Fort WorthProfitable Turn Key Specialty Wings Restaurant w/2 Locations
This eatery, based in a growing area of Fort Worth, is more than just a wing spot. The establishment sets itself apart from the competition by providing its customers with an extensive menu of delicious selections, top-rated customer service, and a pleasant, no hassle dining experience. The owners provide a proprietary “branded” sauce which can be included in the sale or offered to the buyer under a long-term supplier agreement. Both its proprietary sauce and seasonings are currently produced, bottled, branded, and packaged in bulk by an outside supplier.
Sales Security & Growth Opportunities
The restaurant’s sales are derived from a diverse variety of menu items including chicken wings with mouth-watering flavors, fried fish, chicken tenders, French fries, and waffles. The current owner has operated the restaurant since its founding in 2009. It has been at its current location since 2013. Since its inception, the restaurant has gained a loyal following and sales have grown accordingly. Also, rather than suffer the effects of the pandemic like most other area restaurants, the restaurant increased sales in 2020 by 6%. In response to increased sales and to provide customers with a more focused fast casual take-out experience, the owners remodeled the restaurant in March 2021. This decision appears to be a good one as the restaurant has continued to increase sales significantly.
Additionally, in reaction to strong demand from customers and business associates, the owners decided to open a second location which is in the final stages of construction and is slated to open February 1st, 2022. The second location is approximately 11 miles away from the original location, so the risk of cannibalizing its existing customer base is minimal.
All reported financial information includes only the original location. The restaurant's new "sister" location is slated to open for business effective February 1, 2022. The new location will be arranged nearly identically to the original location and it is anticipated that the sister location will enjoy very similar, if not more profitable, results to the first store,
Great Franchising Opportunity
The restaurants unique offerings, high profits and low capital requirements for a new location, may make for an exceptional franchising opportunity to add new owner operators across the country!
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.