Anchor Bar® - Home of the Original Wing™ - Franchise
The Anchor Bar created The Original Buffalo Wing in 1964 and now over 50 years later serves more than 70,000 pounds of chicken per month. Their bottled wing sauce now retails in over 5,000 supermarkets worldwide. The Anchor Bar is a landmark in Buffalo and a destination for Buffalo visitors every year. With several locations in the Buffalo area and several more coming soon outside of New York, Anchor Bar is positioned to expand through franchising. Franchisees opening a traditional location will need 4,000 to 6,000 square feet of space, will receive a protected territory and can open multiple locations if qualified. While restaurant experience is helpful it is not required as the training and ongoing support is very comprehensive.
What Does an Anchor Bar® - Home of the Original Wing™ Franchise Cost?
To buy a franchise with Anchor Bar® - Home of the Original Wing™, you'll need to have at least liquid capital of $350,000. Franchisees can expect to make a total investment of $400,000 - $600,000. They also offer financing via 3rd party as well as a discount for veterans (10% and No royalties for 12 months). *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $350,000 What does Liquid Capital mean? |
|---|---|
| Total Investment: | $400,000 - $600,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | 10% and No royalties for 12 months |
Franchisor Details
Facts about this franchise:
| Total Units: | 8 |
|---|---|
| Home Office: | Buffalo, NY |
| Year Founded: | 1935 |
| Franchising Since: | 2011 |
The Anchor Bar created The Original Buffalo Wing in 1964 and now over 50 years later serves more than 70,000 pounds of chicken per month. Their bottled wing sauce now retails in over 5,000 supermarkets worldwide. The Anchor Bar is a landmark in Buffalo and a destination for Buffalo visitors every year. With several locations in the Buffalo area and more under development outside of New York, Anchor Bar is positioned to expand through franchising.
Franchisees opening a traditional location will need 4,000 to 6,000 square feet of space, will receive a protected territory and can open multiple locations if qualified. While restaurant experience is helpful it is not required as the training and ongoing support is very comprehensive.
Key Highlights
- Anchor Bar has been serving “the original wing” since 1964.
- Well-known brand throughout the country.
- While most markets have establishments featuring buffalo wings Anchor Bar ships thousands of pounds of their special wings around the world.
- Diverse location possibilities…traditional, outdoor mall, airport, etc.
- Comprehensive training program takes franchisee through all phases of operations.
- Marketing and real estate team in place to assist franchisees.
- 2015 US restaurant industry sales are projected at $709.2 billion – a record high and 3.8% increase from 2014 (National Restaurant Association Industry Forecast).
- Exposure through supermarket sales of wing sauce.
Anchor Bar Recognition
In 1977, Stanley M. Makowski, Mayor of the city of Buffalo, proclaimed July 29 “Chicken Wing Day” in recognition of Frank and Teressa.
Of the many distinctive Awards earned by the Anchor Bar, two of the most noteworthy were bestowed in 2003.
In April 2003, the Anchor Bar was given the “James Beard Foundation Award”. This is given to restaurants “that have timeless appeal, beloved for quality food that reflect the history and character of the community. It is for an American classic.”
In May 2003, the Anchor Bar received the “Quality International Award” for its sauces. Presented with the prestigious gold medal, the Anchor Bar was judged the “Best of the Best” in a contest in which more then 1,000 sauces were entered. The judges were from the American Culinary and Tasting Institute.
In early 2008, Anchor Bar Suicidal sauce wins “A Scovie Award” for their hot sauce through the International Fiery foods show in Albuquerque New Mexico.
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Availability
Anchor Bar® - Home of the Original Wing™ is currently accepting inquiries from the following states:
Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia
Interested parties should have at least $350,000 in liquid capital to invest.
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