Buffalo Wild Wings NNN Properties for Sale

 

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Buffalo Wild Wings
Formerly Buffalo Wild Wings & Weck (1982–1998)
Type Subsidiary
Industry Restaurant
Founded 1982; 41 years ago (1982) in Columbus, Ohio, U.S. as Buffalo Wild Wings & Weck
Founders Jim Disbrow Scott Lowery Bernard Spencer[citation needed] Elizabeth Brock[citation needed] Mackenzie Barnett[citation needed]
Headquarters Atlanta, Georgia, U.S.
Number of locations
1,278 (January 2023)[1]
Area served
United States Mexico Philippines Saudi Arabia United Arab Emirates Panama Oman (formerly) India Vietnam (formerly)
Key people
Paul Brown – CEO
Products Chicken Wings, Shareables, Burgers, Beer
Revenue $3.669 billion (2020)[2]
Decrease US$136.70 million (2016)
Decrease US$94.21 million (2016)
Total assets Decrease US$1.05 billion (2016)
Total equity Decrease US$517.90 million (2016)
Number of employees
~44,000 (2016)
Parent Independent (1982–2018) Inspire Brands (2018–present)
Website www.buffalowildwings.com

Buffalo Wild Wings – An Internationally Acclaimed American Franchise of Sports Bar and Dining Restaurant

Buffalo Wild Wings is one of the most popular American franchises of sports bar and casual dining restaurants chains. It has its presence not only in the US, but also at various locations of Canada, Mexico, UAE and the Philippines. Specializing in mouthwatering chicken wings and dip sauces, the company today has 485 privately owned outlets and over 585 franchises outlets across 50 locations of the country.

Its recent market valueNet Lease Buffalo Wild Wings Properties

Being a public sector company traded under the NASDAQ with the ticker name BWLD, Buffalo Wild Wing holds a respectable position in the market. As of 2012, the company occupied 18th position amongst the best small companies of America as per the reports of the Forbes magazine with a market value of $1.6 Billion.

However, as of December 2015, according to the financial analysis of NASDAQ, the company reports its total revenue growth of 19.56% that amounts to $1,812,722 involving a gross profit of $416,739. Furthermore, according to the financial report of the Market Watch, the net growth in its gross income as of 2015 is 6.68% amounting to $289.24 million. It also depicts its net income of $95.07 million this year.

How it originated – an overview

The story of its inception began in the year 1982, when the idea of opening a restaurant struck into the mind of Jim Disbrow along with his partners Bernard Spencer and Scott Lowery. The very first outlet of Buffalo Wild Wings came into existence at Columbus in Ohio and later at Westerville in Ohio. The original name of this renowned brad is Buffalo Wild Wings and Weck, often abbreviated as BW-3.

With every single year passing by, the company grew its sales and popularity in that location. This resulted in its expansion in the year 1990 when the company began to open its franchises at different locations. The year 1998 marked the changing of the old name to a new and attractive one i.e. Buffalo Wild Wings Grill & Bar.

Famous for its buffalo chicken wings based on New-York style in combination with numerous dipping sauces, the company shifted its headquarters from Cincinnati, Ohio to Minneapolis, Minnesota in the year 1997. Its first expansion on the global platform was in the year 2010, when it initiated its franchises in Canada. Later in the year 2015, the company expanded its reach to UAE (United Arab Emirates) by opening its restaurant in Dubai.

 

How it functions?

Offering access to more than 100,000 population of the nation, Buffalo Wild Wings today operates its restaurants across 1,175 locations of the US. However, it continuously seeks for better opportunities over international platform to create its presence globally. Just like any other system of franchise expansion, the company also requires the investors to put in their liquid assets with its value ranging from $2M to $4M per restaurant.

If you own a property measuring between 5,000 sq. ft. and 7,000 sq. ft., you can lease it to Buffalo Wild Wings to become 5% equity partner in its overall business turnover. Whether you open a franchise or a company owned outlet, the minimum lease tenure for your property according to its corporate lease agreement varies from 15 to 20 years. They can further extend this duration with options up to 20 to 40 years.

On average, its capital rate ranges from 6% to 7.50% due to which it may turn out a profitable investment alternative for you. Furthermore, the company also promises to offer a 10% increment in the rent of your property after every five years, as mentioned in its lease agreement.

Buffalo Wild Wings Ground Lease Property or Buffalo Wild Wings NNN Property for Sale:

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