Hurricane Grill & Wings Franchise Information | Entrepreneur.com

August 29, 2013

Hurricane Grill & Wings Franchise Information | Entrepreneur.com.

Hurricane Grill & Wings

2013 Franchise 500

#346
AT A GLANCE

Products & Services: Chicken wings, sandwiches, salads

Number of Locations: 52

Total Investment: $320K – 895K

Founded: 1995

Began Franchising: 2006

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About Hurricane Grill & Wings

In addition to chicken wings available in over 30 flavors, the Hurricane Grill & Wings menu also features burgers, sandwiches, salads, steaks, seafood, sides and desserts. The first restaurant opened in Fort Pierce, Florida, in the mid-90’s, and the company began franchising in 2006.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 47 0 0 5
2012 43 0 0 4
2011 39 0 0 2
2010 32 0 0 1
2009 27 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $320,000 – $895,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $500,000
Liquid Cash Available: $250,000

OPERATIONS

80% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 55. Absentee ownership of franchise is allowed..

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee’s location: 10 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,