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High Volume Wing Zone Franchise Downtown Athens, GA - On The University of Georgia Campus!
Athens, Georgia

Asking Price

$69,000

Office Listing #

WZ A GA
Revenue $355,880 / year Lease Rent $3,185 / month
Cash Flow Contact For Info Square Feet 1,500
Direct Link www.restaurants-for-sale.com/27731

    

Offering fresh, cooked-to-order chicken wings, hand breaded chicken tenders, chicken sandwiches and 100% angus burgers along with housemade kettle chips, potato wedges, cole slaw, mozzarella sticks and more. All infused with their award winning sauces and rubs! As well as fresh salads, dessert and drinks. Simple operation - counter service. Dine-in, pick-up and delivery. Plus, catering with delicious party packs or platters, great for events, games and parties. Online ordering also available. This Wing Zone is fully equipped with the most modern contemporary build-out. Prime retail space in downtown Athens on the affluent & densely populated University of Georgia campus with approx. 40,000 students. Perfectly situated in this quintessential university downtown. Located on Clayton near the intersection of Baxter & Pope below the West Washington Street parking deck/mixed-use development and adjacent to the Waffle House. Surrounded by shops, music venues, theaters, eateries, restaurants, pubs, bars, clubs and student housing. Heavy university, visitor and local foot traffic. Ample parking. Athens, GA, home to the University of Georgia. Voted a top 10 college town! A gem of a southern college town. A great town with a wonderful downtown. A spectacular downtown. One of the busiest college downtowns. This fun, vibrant college downtown also hosts lots of special events and festivals throughout the year. Year Established: Feb 2016. Lease Information: Leased space $3,185/mth includes rent, CAM, insurance and taxes. Current lease expires in Jan 2023 with one 5-year option. Flexible landlord. Training: Three weeks training with corporate Wing Zone, followed by one week comprehensive on-site training. Value of FF&E: Included in Asking Price. Seller Financing: No. Competition/Market: Bigger tenders, better boneless and jumbo wings. Extra large tenders. Boneless are 100% breast meat. Only cooks fresh wings. Offers the greatest variety of award winning buffalo wing sauce flavors. Boasts intensely loyal customers. Everybody loves wings and demand is on the rise. Wings are wildly popular as a snack, an appetizer or a main dish. Americans love their wings. Multiple winner of the National Buffalo Wing Festival year after year. Recognized as a Top 10 Restaurant Chain for system-wide sales increase by QSR Magazine. Named by Inc. Magazine, Success Magazine and Entrepreneur Magazine as one of the industry’s fastest growing franchise concepts. Also has been featured on the Food Network, ESPN, CNBC and Fox Business News. Growth & Expansion: Started on the University of Florida campus in 1991, first location opened in Gainesville, FL in 1993. Currently 108 locations across the county and another 100 worldwide with plans to open more. One of the nation's fastest-growing takeout and delivery franchises. A proven concept - nearly 27 years in business already! This location has a tremendous upside potential for an owner /operator or a local business owner who is interested in growing with a rapidly expanding and forward thinking franchise system. Wing Zone provides its franchisees with a deep support structure to assist with the transitional period as well as providing Franchisees continued award winning support. Their corporate culture, distinctive flavor and strong support system have propelled it. All franchise owners have exclusive protected territories. Corporate encourages operators who are looking for multi unit growth/expansion opportunities. A great opportunity to own a high volume internationally recognized franchise at less than 25% of the build-out cost. Sellers are motivated to make a deal. And a huge money making opportunity for an owner/operator. Current owner has been unable to operate the store since opening, due to a family illness. Therefore, corporate Wing Zone has taken over the management of the store. Sales are now averaging $9,554/week, up 35% for the last 12 weeks year over year. Projected gross sales for 2018 are now $496,808! Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only. Listed by Ted Aretos at EatZ & Associates

  

General Information

Organization Corporation
Year Established 2016
Current Owners 2016
Employees Contact For Info
Operating Hours Mo-We 4p-1a & Th-4p-2a & Fr-Sa 11a-2a & Su 11a-1a
Reason For Sale Personal health reasons.
   

Facilities

Seating 20
Square Feet 1,500
Parking Lot, street, garage, etc.
Licenses None
   

Financials

Revenue $355,880 / year
Cash Flow Contact For Info
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease $3,185 / month  
Expiration 01/2023  
Yearly Adjustment Not Available  
Option One 5-year option.  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Ted Aretos
phone: 815-761-8334
Tom Traina
Eatz & Associates
phone: 888-971-3289
fax: 888-673-3045

www.eatz-associates.com

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