Wings Over
Food & Beverage · Quick-Service Restaurants
- Active units
- 29
- Avg unit volume
- $1.4M
- Royalty
- 5.0%
Franchised, year-end 2022
of weekly Net Sales
About Wings Over
Wings Over is a dynamic and vibrant brand that aims to create energetic moments for its customers. Specializing in serving delicious chicken wings, Wings Over offers a diverse menu that caters to all tastes. From crispy and juicy wings to mouthwatering tender sandwiches, their offerings will satisfy your cravings. They also provide a wide selection of sauces, allowing you to customize your meal and explore endless possibilities. Wings Over takes pride in their commitment to quality and freshness, ensuring that every bite is a flavorful experience. With multiple locations, including online ordering, Wings Over provides convenience and accessibility to their customers. Whether you're looking for a quick meal or a satisfying feast, Wings Over has you covered. So don't wait any longer, order now and experience the excellence of Wings Over!.
Key terms
- Franchise fee
$30k
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Footprint
1,500 sq ft
- Development Agreement
$50k
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2023 filing).
Growth
- Total locations29
Franchised units open at year-end
- New openings2
Gross new units opened during the calendar year
- 1-year unit growth rate-3.3%
Net unit growth versus prior year
- 3-year unit CAGR5.6%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.7×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.4M
Average Gross Sales of reported franchised outlets for most recent fiscal year presented (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$450k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open8 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio3.2×
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.