East Coast Wings & Grill - Franchise
East Coast Wings & Grill is known today for a casual, full-service dining experience that focuses on our delicious food, complimented by bar service. Our franchisees set out to embrace the communities that they serve, ensuring a relationship that brings customers back time and time again.
What Does an East Coast Wings & Grill Franchise Cost?
To buy a franchise with East Coast Wings & Grill, you'll need to have at least liquid capital of $150,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $658,875 - $1,133,502. They also offer financing via 3rd party as well as a discount for veterans ($5,000 off Franchise Fee). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $150,000 What does Liquid Capital mean? |
---|---|
Net Worth: | $250,000 What does Net Worth mean? |
Total Investment: | $658,875 - $1,133,502 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
---|---|
Training: | Available |
Veteran Discount: | $5,000 off Franchise Fee |
Franchisor Details
Facts about this franchise:
Total Units: | 45 |
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Home Office: | Winston, Salem |
Year Founded: | 2002 |
Learn Why We Have A 2.3:1 Return On First Year Sales To Investment
The Owner-Operator Experience:
- 2015 Average Unit EBITDA of 19%
- 2015 Average Unit Net Sales of $1,608,055
Portfolio Management Units:
- 2015 Average Unit EBITDA of 13%
- 2015 Average Unit Net Sales of $1,396,846
The Investor Experience:
In addition to offering an exciting restaurant experience, our award-winning restaurant concept has been an industry leader with its focus on Unit Level Economics, which continues to prove to our franchisees and new investors that we offer a “hot” franchising opportunity within the casual dining sector. We offer an exciting restaurant experience that’s high quality, always fresh and family friendly. By enticing people back again and again, it’s no wonder we’re an irresistible opportunity for savvy investors looking for a proven concept.
Our History
Back in 1995, East Coast Wings was just one restaurant in Winston-Salem, NC with a fanatical following. Two entrepreneurs with over 40 years of combined restaurant experience purchased the restaurant in 2001 to build upon the formula. They focused on creating a warm and inviting atmosphere paired with fresh, quality menu items.
East Coast Wings & Grill is known today for a casual, full-service dining experience that focuses on our delicious food, complimented by bar service. Our franchisees set out to embrace the communities that they serve, ensuring a relationship that brings customers back time and time again.
Brand Recognition:
- Celebrating 12 consecutive years of positive same store sales growth through YE 2015
- Have maintained average annual new unit growth of 20% for the past 6 years
- Ranked in Franchise Business Review “Top 50” in franchisee satisfaction for 2012, 2013, 2014, and 2015
- Ranked in “Top 40 Food Franchises”, Franchise Business Review Special Report, Fall 2014
- Ranked in Entrepreneur Magazine “Top 500” in 2013, 2014, and 2015
- Received 2014 STAR Award “Best Franchisee Satisfaction – Food Brand” at 2014 Franchise Leadership & Development Conference
Franchisees Say It Best
”Deciding to franchise with East Coast Wings & Grill was one of the best decisions I’ve ever made. The corporate support to make every ECW&G a success is what amazes me. The time, energy, and money spent to drive top and bottom line to the highest level makes ECW&G a rate find. It starts with support at every state from location to training so you are prepared, and continues with marketing helping drive guests to your restaurant. I could not be happier with what I have seen from the ECW&G family”.
Seth & Jared Lucas, Multi-Owners, Franchisees since 2008
”I have been a Subway owner since 1992 and was happy operating my two stores in the Triad. A friend and former manager of my Subway in Mocksville had joined IFT as a sales rep, and had kept in touch over the years. He told me very positive stories of one of his best customers, a new wing concept in Winston- Salem...At my friend’s urging I met with Sam Ballas, CEO of East Coast Wings, to get a better understanding of the franchise model…I’m glad I did. Since opening my first unit in Kernersville in 2006, sales have been much better than expected. Customers love our casual, family-friendly dining environment…I feel confident that their management team is taking the right steps to secure my financial investment with the brand, and that the future for East Coast Wings & Grill is very bright.
Daryl Townsend, Multi-Owner, Franchisee since 2006
Request Additional Information Today.
Find out more about our $305,089 ETBITDA* and 2.3:1 return on first year sales to investment.
*EBITDA as submitted by our full-service owner-operator franchised restaurants and average EBITDA is determined based on expenses submitted by franchisees operating in 2015 as published in Item 19 of our April 2016 Franchise Disclosure Document.
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Awards
East Coast Wings & Grill has received the following awards and acknowledgements:
FBR top 50, Best Hot Sauce and Creative Spice in Buffalo Wing competition
Availability
East Coast Wings & Grill is currently accepting inquiries from the following states:
Alabama, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Massachusetts, Maryland, Maine, Michigan, Mississippi, North Carolina, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Vermont, Wisconsin, West Virginia
Interested parties should have at least $150,000 in liquid capital to invest.
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