Anchor Bar
Food & Beverage · Full-Service Restaurants
- Active units
- 12
- Avg unit volume
- $2.6M
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About Anchor Bar
Anchor Bar is the home of the original Buffalo Wing, offering a unique and delicious dining experience in Buffalo, NY. With multiple locations across the United States and Canada, including Buffalo Airport, Darien Lake, and Williamsville, Anchor Bar is a renowned destination for chicken wing lovers everywhere. In addition to their famous wings, Anchor Bar also offers a variety of other menu items, including delicious wing sauces, specials, and a range of gift cards and merchandise available for purchase. Their loyalty program rewards customers with exclusive benefits and deals, and their mobile app provides additional perks for frequent visitors. Anchor Bar has a rich history and has received numerous awards for their outstanding food. Visitors to their restaurants may even spot some familiar faces, as well-known celebrities have frequented their establishments. Whether you're a local or just passing through, Anchor Bar invites you to join them for a memorable dining experience and indulge in their renowned original Buffalo Wings.
Key terms
- Franchise fee
$55k
- Additional locations initial franchise fee reduction
80% of the then-current initial franchise fee for each additional location
- Brand fund
3.0% of Net Sales
- Local advertising
1.0% of Net Sales
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing).
Growth
- Total locations16
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate0.0%
Net unit growth versus prior year
- 3-year unit CAGR15.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$2.5M
Average gross sales for franchised Anchor Bar restaurants open for the full year 2022.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$2.1M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.2×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.