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Below is an in-depth analysis and side-by-side comparison of Golden Chick vs Wing Nutz 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 | $195,000 - $380,000 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 4% | - |
Advertising Fee | 1% | - |
Year Founded | 1967 | - |
Year Franchised | 1972 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
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 | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media 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 | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Wing Nutz is a great place to share with friends, enjoy a game, or just relax. Whatever your reason, we know you'll love our wings. We use only premium meats and never deep fry or use grease in any of our cooking. Add to that the great sauces prepared from secret recipes and the freshest high quality ingredients in all of our salads & wraps and you will understand why we say "WING NUTZ IS PARADISE ON WINGS" "WE WILL HELP YOU THROUGH THE ENTIRE PROCESS!" Construction Financing Location Vendor Accounts Equipment Owner and Manager Training