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Wings Etc ranked on Entrepreneur Franchise 500 list
Published Wednesday, February 7, 2024 at 10:21 a.m.
- Wings Etc. was recognized as one of the top 500 franchises on the Entrepreneur’s Franchise 500. (Submitted)
FORT WAYNE, Ind. — A local restaurant franchise won two awards in January that demonstrate the strength of its franchisor brand.
Wings Etc. was recognized as one of the top 500 franchises on the Entrepreneur’s Franchise 500, increasing from 414 in 2023 to 383 this year. For 45 years, his annual Entrepreneur Franchise 500 has been a highly coveted honor in the franchise industry and is recognized as a valuable resource for potential franchisees. A record 1,389 companies submitted information this year.
Founded in 1994 by Jim Weaver in northern Indiana, Wings et Cee offers award-winning jumbo buffalo wings, 21 signature sauces and rubs, dozens of televisions with sports programming, and casual, non-corporate dining. Family-friendly grill and pub with restaurant. A relaxed atmosphere that makes people want to stop by. Please refer to Tsubasa etc. com. In 2007, Weaver and his partners in the business signed their first franchise agreement. Niles native Jeremy Bales is the first to franchise his award-winning chicken wing business at 2008 S. 11th St. in Niles Plaza.
The 2024 Franchise 500 ranks the Wings and others for performance in areas such as unit growth, financial strength and stability, and brand strength. Each franchise is given a cumulative score based on an analysis of over 150 data points, and the 500 franchises with the highest cumulative scores form the Ranked Franchise 500.
Wings Etc. was also named a Top Franchise of 2024 by Franchise Business Review. This is his 19th annual ranking of the 200 Best Franchise Opportunities as Rated by Franchise Business Owners.
Franchise Business Review provides unique rankings and awards for franchisors based on franchisee satisfaction and performance. Wings Etc. franchisees were surveyed on 33 benchmark questions regarding their experience and satisfaction with key areas of the franchise system, including training and support, operations, franchisor-franchisee relationships, and financial opportunities.
“We are extremely pleased and honored to have achieved such a high rating for our franchise business and to stand tall in this highly competitive market,” said Wings CEO Rob Hensman. . “We are thrilled to know that our franchisees and peers view Wings and others as a strong franchise opportunity.”
Of the 80 Wings etc. stores, 54 are owned by franchisees. The company offers single and multi-unit franchise options. The initial franchise fee is $39,500, with a $350,000 cash investment and a minimum net worth requirement of $700,000 for interested prospects. Wings Etc. offers the lowest initial cost and break-even franchise opportunity in the full-service restaurant sector. Priority growth markets include Alabama, Florida, Illinois, Kentucky, Michigan, Missouri, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and West Virginia.
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