BUFFALO WILD WINGS

BUFFALO WILD WINGS

Buffalo Wild Wings franchises sports entertainment-oriented casual/fast casual restaurants called Sports Bars, featuring chicken wings, sandwiches, other food products, and beverages including alcoholic drinks, prepared according to proprietary recipes and served in a distinctive environment with sports viewing. The business model involves granting franchise agreements for single units or area developments, with franchisees operating under the Buffalo Wild Wings System and Trademarks, including options for non-traditional and multi-brand locations. The target market is the general public seeking casual dining, carry-out, delivery, and sports entertainment experiences.

549
Locations
$2464K–$4900K
Investment
Since 1991
Franchising
Food & BeverageAtlanta, GAInspire Brands, Inc.www.buffalowildwings.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$2,463,945 $4,900,320
Low: $2,463,945High: $4,900,320
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
4.00%
Item 6 of FDD
Fixed Monthly Fees
$30 – $95
Item 6 of FDD

5% royalty + 4% ad fund + $30-$95/mo fixed fees (menu database, learning management, contactless payment, co-op accounting)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 532 franchised Buffalo Wild Wings Sports Bars (referred to as '2025 Franchised Sports Bars') that operated for the full year 2025. Excludes 15 newly opened units and 2 temporarily closed units, as well as all company-owned units.

* All financial metrics extracted directly from the 'Annual Unit Volumes for 2025 Franchised Sports Bars' table on page 2. The overall average gross revenue and median gross revenue are taken from the 'All Sports Bars' row. Revenue for the top quartile is the Average AUV of the '1st Quartile', and revenue for the bottom quartile is the Average AUV of the '4th Quartile'. Note (3) on page 3 explicitly states that the financial performance representations do not reflect costs of sales, operating expenses, or other costs, therefore profit-related fields are set to null.

Extracted Item 19 Section

How BUFFALO WILD WINGS Compares


Key Insights

  • Higher investment than 82% of Casual Dining franchises
  • #2 largest franchise system in Casual Dining
  • One of the lowest SBA loan default rates in Casual Dining
FranchiseInvestmentFeeRoyaltyLocations
BUFFALO WILD WINGS
Current
$2.5M – $4.9M$25K5.0%549
IHOP & INTERNATIONAL HOUSE OF PANCAKES$1.8M – $4.5M$69KN/A1,703
GOLDEN CORRAL STEAKS, BUFFET & BAKERY$2.1M – $8.5M$50K4.0%352
GOLDEN CORRAL$2.2M – $8.7M$50K4.0%348
ORIGINAL PANCAKE HOUSE (THE)$483K – $1.7M$60K2.0%146
Outback Steakhouse$4.3M – $9.0M$40K5.0%122
Casual Dining Average
44 franchises
$1.5M – $3.5M$43K4.6%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Casual Dining franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1OH
63
2MI
59
3IN
46
4IL
38
5CA
33
6TX
31
7OK
22
8MO
21
9AL
20
10VA
20
11LA
16
12NY
14
13FL
14
14NJ
13
15WV
11

+23 more states

SBA Loan History


Historical SBA 7(a) loan data for BUFFALO WILD WINGS franchisees (20102025)

Total Loans
43
Average Loan
$706,944
Total Volume
$30.4M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


558 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

558 Contacts Available

Unlock all BUFFALO WILD WINGS franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
1
Reacquired
0
Ceased Ops
3
Transfers
8
Sold to Franchisees
0
Projected New
16

Frequently Asked Questions


The total initial investment to open a BUFFALO WILD WINGS franchise ranges from $2,463,945 to $4,900,320. This includes a franchise fee of $25,000. Ongoing royalty fees are 5.0% of gross sales.

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