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Below is an in-depth analysis and side-by-side comparison of Planet Wings vs Tin Drum Asia Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $267,000 - $423,500 | $400,800 - $617,250 |
Franchise Fee | $25,000 | $49,000 - $99,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1% | 1.5% |
Year Founded | 1995 | 2003 |
Year Franchised | 2002 | 0 |
Term Of Agreement | 10 years +5 +5 | - |
Term Of Agreement | 10 years +5 +5 | - |
Renewal Fee | - | 50% of franchise fee |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. |
Expansion Plans |
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US Expansion | - | No |
Canada Expansion | - | - |
International Expansion | - | - |
Planet Wings is a fast food, eat-in, take-out and delivery restaurant, featuring Buffalo wings in 24 flavors, burgers, salads, wraps and more.