|
Below is an in-depth analysis and side-by-side comparison of WingHouse vs Commercial Capital Training Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $928,000 - $1,926,000 | $25,000 - $100,000 |
Franchise Fee | $50,000 - $135,000 | N/A |
Royalty Fee | - | - |
Advertising Fee | - | 4% local |
Year Founded | - | 2009 |
Year Franchised | - | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | To be successful as an owner of a WingHouse Restaurant, you need to be passionate about the WingHouse concept; you must embrace the WingHouse Culture & Mission Statement; yourself or your operating partner must have previous full service restaurant operations and ownership experience. At least one of the owners of the WingHouse restaurant must have prior experience operating full service restaurants. The minimum ownership of the operating partner must be at least 10% of the business. | Fundamentally we are looking for franchisees with a proven business track record who are looking for an exciting opportunity to build a successful business as part of a leading brand. We also require a positive attitude, excellent communication skills, tolerance, a passion for excellent service and a key understanding of the need to follow our system. A good sense of humour will also help! We're looking for franchisees who have: GOOD BUSINESS TRACK RECORD. THE PASSION. THE SKILL. A POSITIVE ATTITUDE. THE CHARACTER. TRUST & RESPECT. The financial requirements. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | We assist the new operator in the actual opening and during the critical early days. Product and operations training is provided and supported by a comprehensive series of operating procedures manuals, covering standard operations, health, hygiene and safety, training, marketing and finance. |
Support | Restaurant Operations - Benchmarking and Key Operating Metrics; Cost Controls and Operating Manuals Restaurant Technology & Information Systems - Point-of-Sale; Back-of-House Reporting; Remote Access & Monitoring Training - Opening; Staffing; Food Preparation; Policy & Procedures Restaurant Development - Market Planning; Site Selection and Negotiation; Concept Plans; Project Scheduling | On-going advice and Field Agents of the company, including equipment maintenance and unit servicing, provide support. |
Marketing | Extensive media library using multiple formats to drive guest traffic, average check and repeat guests | The company co-ordinates a central advertising and marketing operation, the scale which increases in line with the growth in Southern Fried Chicken numbers. Our strategy concentrates on reaching new customers through emphasising our major competitive points of difference resulting from our unique product range combination, and our tried and tested product quality formula. This is achieved through campaigns in newspapers, radio spots, direct mail pieces and product-sponsored promotions. We recommend that 4% of the turnover is spent on local marketing and promotion for the store. |
Operations | - | - Business can be run from home. - Business can be run part-time. |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | No |
WingHouse is a full-service, casual dining restaurant. Founded in 1994, the keys to our success have been a focus on excellence in restaurant operations and customer service. Each successful WingHouse location will have the following attributes: Brilliant on the Basics - Highly-Satisfied Repeat Guests The WingHouse Girl - Attractive, Polite and a Big Smile "The Girl Next Door" The Food - High-Quality, Oversized Portions at a Great Value The Atmosphere - Fun, casual, friendly environment The Management - Hands-on Managers that interact with guests and staff. The "mayor" of their market. Our company’s mission statement is to be brilliant on the basics. In our business that means highly satisfied guests. We believe in repeat customers that frequent our establishment often. We emphasize over-sized entrees and a great value. We provide a very casual and relaxed atmosphere, with continuous music throughout our establishment. We operate in a clean and safe environment with strict adherence to our policies and procedures. A main attraction to our store is the "World Famous WingHouse Girl." "The Girl Next Door" that is always polite and always smiling with a great positive outlook on life. If we execute all these ingredients and are "Brilliant on the Basics," we feel that the WingHouse will be a success in any neighborhood.
Millions upon millions of small businesses cannot access capital. The statistics don’t lie: The key facts prove why this industry is one of the most lucrative industries to be in because of what you’ll be able to provide. From figures taken in 2006 when the economy was good, the fact is this problem always exists with very few people knowing what to do... until they meet you. With your unique and complete business model representing a multitude of innovative capital solutions from lenders that can approve a majority of what banks turn down, your potential client base is virtually unlimited with very little competition.
Our one-of-a-kind training program allows you to successfully enter the lucrative world of commercial financing. Work wherever you want, whenever you want in this recession proof industry while earning an unlimited income.