Multi-Unit Franchisee Magazine 2013 Buyer's Guide - Page 37

MULTI-UNIT Buyer’s Guide FOOD Fast Franchise Facts OPPORTUNITY Description Franchising Since: 2003 Multi-Unit Franchisee Operating Units: 63% Total Franchise Operating Units: 24 Company Operating Units: 1 Capital Investment: $242,900 and $670,740 Demographics Locations with national grocery /power center anchors; 45,000-65,000 population minimum in 3-mile radius; high-visibility from major traffic arteries (20,000+ count), with local community hub. SITE LOCATION Assistance ECW&G provides hands-on assistance selecting, reviewing, approving and negotiating best site options. $7.5MM available in financing for our franchisees. We’ll guide you through the entire process! Franchise Fee (per unit): $30,000 Royalty Fee (per unit): 5% Advertising Fee (per unit): 2% Earnings Claims: Yes Build-Out Options: Typically in-line, some freestanding, lease Available Territories: Licensed in 31 states, concentrating currently in US expansion Qualifications Contact Multi-Unit franchisees, investors, or business professionals with management experience and/or previous restaurant experience. Must share our passion and brand philosophy. Must have min net worth of $850,000 and liquid asset requirement of $250,000. Daniel Collins SVP Brand Development East Coast Wings & Grill (954) 263-2056 dan@eastcoastwings.com eastcoastwingsfranchise.com Franchising since 2003, ECW&G franchisees have reported 19.14% EBITDA, while the brand has just celebrated 36 consecutive same store sales growth quarters. With nationally recognized, award-winning wing sauce in 75 flavors in any of nine heat indexes, over 675 flavor combinations and a wide-variety menu with fresh product - this fast-casual concept is a leader in Franchisee satisfaction. Our management team is focused on franchisee profitability and continued support to the franchisee in all aspects of development, training and operations. Awards: Many local first place finishes in the areas we serve. How’s Your Bottom Line? Average Unit EBITDA: *$264,805 in 2010 *$265,405 in 2011 *36 Consecutive Quarters of Same Store Sales Growth • Superior Bank Credit Report* • Nationally Ranked 4th in 2013 out of all Food Franchise Companies Surveyed for Franchisee Satisfaction • Systemwide Same Store Sales Increased 10.12% in 2011 • * ‘09 vs. ‘11 Same Store EBITDA growth 58% • Bancorp Financing of $7.5 Million Available an FDIC- TM Insured Commercial Bank Join the leader of casual dining in the Buffalo wing business Contact Dan Collins, CFE 954-263-2056 or dan@eastcoastwings.com www.eastcoastwingsfranchise.com This advertisement is not an offering of a franchise. An offering can be made only by prospectus. We only sell franchisees in states where our offering is registered. Figures reflect same unit average as reported by units operating in ‘08-’11. *EBIDTA as submitted by our full service franchised restaurants operating in 2010 & 2011 as published in item 19 of our April 2012 Franchise Disclosure Document. Figures reflect Franchisee submitted on unaudited P&L’s. Individual financial performance will vary. Bank Credit Report developed by Fran Data. ad 7.375x4.875 Feb '13.indd 1 2/28/13 12:21 PM MULTI-UNIT BUYER’S GUIDE 2013 32