Buffalo Wild Wings vs Tom and Chee Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Buffalo Wild Wings vs Tom and Chee including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$2,695,100 - $4,244,300 | $302,700 - $456,000 |
Franchise Fee |
$25,000 | $30,000 |
Royalty Fee |
5% | - |
Advertising Fee |
3.25% | - |
Year Founded |
1982 | 2012 |
Year Franchised |
1991 | 2017 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
General business experience Track record of success | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40
- 60
Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Buffalo Wild Wings
Buffalo Wild Wings got its start in 1981 after Jim Disbrow and Scott Lowery moved from Buffalo, New York, to Kent, Ohio. Unable to find authentic Buffalo-style chicken wings in their new town, they decided to open up their own restaurant. Originally called Buffalo Wild Wings & Weck (see Kummelweck) from which the abbreviation BW3 was created, the restaurant became a franchise with over 350 locations across most states of the U.S. The company later changed its name to Buffalo Wild Wings and is no longer uses the short name BW3.
The restaurant's theme is a sports bar / restaurant, and each location features multiple large screen televisions that are viewable from all seats. All locations also have game consoles devoted to NTN Trivia.
Buffalo Wild Wings is best-known for its buffalo wings with 12 signature sauces. They also have a full menu featuring salads, appetizers, burgers, and specialty items.
United States Franchising
We require that our U.S. franchise candidates have a minimum of USD
750,000 in liquid assets and a net worth of USD 1.5 million.
Additionally, there is a minimum commitment to develop at least 2
restaurants.International Franchising
We require that our international franchise candidates have a minimum
of USD 5 million in liquid assets and net worth of USD 10 million.
Additionally, there is a minimum commitment to develop at least 10
restaurants.
The total investment necessary to begin operation of a Buffalo Wild
Wings Sports Bar franchise ranges from $2,695,100 to $4,244,300. This
includes $10,000 to $55,000 that must be paid to the franchisor or an
affiliate.
If you sign an Area Development Agreement to develop multiple
Buffalo Wild Wings Sports Bars, the total investment necessary to begin
operation under the Area Development Agreement is $10,000 to $300,000.
This includes $10,000 to $30,000 that must be paid to the franchisor or
affiliate.
#159 in Franchise 500 for 2020.
About Tom and Chee
After expanding to more than 12 locations across seven states,
Tom & Chee is poised for a new era of rapid growth. With a simplified
business model, state-of-the-art training and technology, a new menu and
restaurant design, and new leadership with over 50+ years in the
franchise industry, Tom & Chee is ready to welcome passionate
franchisees who want to own a business that brings joy and love to their
communities. Here’s why Tom & Chee stands out as a wise sandwich & grilled cheese franchise investment:
- An innovative, playful menu unlike anything else in the trending sandwich industry
- Tremendous national brand recognition from appearances on Shark Tank and other national media
- Exceptional support from leadership team with 50+ years of experience
- A low-cost investment with tremendous profit potential
- A straightforward business model makes owning a Tom & Chee easier than ever before
“Tom & Chee is creating a new category within the sandwich space,” says
Roger David, CEO & President of Tom & Chee. “There’s something
really special about our brand. We’re changing the game with our
sandwich & grilled cheese franchise. It’s new, but also nostalgic.
When our customers taste our food they think of Mom. They think of
childhood with grilled cheese sandwiches and tomato soup. We have
created such a unique menu, with wonderful recipes and food made fresh
in-house, and now we have a robust culture of franchise support that is
going to take Tom & Chee to the next level. We’re looking for
franchisees who are food-centric. If you love food, love people and love
community, then you should be a part of a Tom & Chee.”
The estimated initial investment necessary to begin operation of a Tom & Chee Restaurant franchise ranges from $302,700 to $456,000. This
includes $30,000 (if this is the first Tom & Chee franchise you have
purchased), $15,000 (if this is your second, third or fourth Tom & Chee franchise you have purchased) or $5,000 (if this is your fifth or
greater Tom & Chee franchise you have purchased) that must be paid to
the franchisor. The estimated initial investment does not include real
estate, related improvement costs or tenant improvement allowances.