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Below is an in-depth analysis and side-by-side comparison of Golden Chick vs Buffalo Wings & Rings including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $440,950 - $1,348,500 | $1,280,000 - $2,412,000 |
Franchise Fee | $30,000 | $40,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | 1% | 2%-4% |
Year Founded | 1967 | 1984 |
Year Franchised | 1972 | 2005 |
Term Of Agreement | 20 years | 10 |
Term Of Agreement | 20 years | 10 |
Renewal Fee | $10K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 140 hours Classroom Training: 40 hours | On-The-Job Training: 50-60 hours Classroom Training: 50-60 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Since 1984, Buffalo Wings & Rings has become the premier elevated club-level sports restaurant alternative to traditional sports bars. By combining a fresh and innovative chef-driven menu with a community-focused model, the brand has positioned itself as the perfect option for guests and families looking to watch their favorite sporting events in a welcoming and friendly atmosphere.
With our strong growth over the last several years and recent appearance on the CBS hit series Undercover Boss, an enormous amount of interest in franchising with Buffalo Wings & Rings has been generated.