Buffalo Wild Wings vs the streat Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Buffalo Wild Wings vs the streat including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Buffalo Wild Wings Franchise
the streat Franchise
Investment $2,695,100 - $4,244,300$160,000 - $260,000
Franchise Fee $25,000$50,000
Royalty Fee 5%6%
Advertising Fee 3.25%2%
Year Founded 19821999
Year Franchised 19911999
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Buffalo Wild Wings Franchise
the streat Franchise
Experience
  • General business experience
  • Track record of success
    		• -

    Financing Options
     
    Buffalo Wild Wings Franchise
    the streat Franchise
      In-House/3rd PartyIn-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
     
    Buffalo Wild Wings Franchise
    the streat Franchise
    Training -It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.
    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
     
    Buffalo Wild Wings Franchise
    the streat Franchise
    US Expansion 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 the streat

    In 1999 husband and wife team Michael and Nikki McQuillan opened their first streat cafe in Belfast. Their vision was to develop the streat as the best known and most successful cafe concept to come out of Ireland by delivering consistently great food and coffee with award winning service in contemporary surroundings Since developing their successful formula into a franchise and investing heavily in the business while developing a substantial management team, the streat has rapidly become Ireland's fastest growing Cafe franchise. It is renowned for its fresh food, fabulous coffee and friendly service. More than a cafe... Franchisees are developing successful businesses within their streat cafes and growing their businesses beyond the cafe door by creating substantial outside catering and food delivery elements. Franchisees are supported and guided by the franchise support team in this, more than a cafe approach to business development. With 30 Cafe Outlets currently established and more opening, throughout Ireland, the streat is now launching its innovative "more than a cafe" business model into Great Britain and beyond.

    Tragically we are not seeking any new franchisees right now however please don't hesitate to round out our establishment enquiry form and we will be glad to contact you amid our next enrollment drive. Meanwhile enjoy the tastes of our present franchises and perhaps ask if any of them are looking to sell. While asking, also ask their thoughts on the franchise to give yourself an insight on whether The Streat is a good choice for your future.