Wild Wings 'n Things Alaska

Anchorage, AK (Anchorage County)

Wild Wings 'n Things Alaska

Asking Price:$399,900

Cash Flow:N/A

Gross Revenue:$650,000

EBITDA:N/A

FF&E:$65,000

Inventory:$5,000*

Rate/Sq. Ft.:$3.16

Established:2011

*not included in asking price.

Wild Wings 'n Things Alaska

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Business Description

PRIME LOCATION Hot Wings and Phillys Franchise next to IMAX theatre

Wild Wings in Tikahtnu Commons Shopping Center, Anchorage, Alaska is a very successful chicken wings restaurant located in the hottest entertainment district in Anchorage, Alaska. This is part of the Wild Wings 'n Things national franchise based out of Colorado.

Location has been open for 4 years and profitable since opening February 2012 Complete turn-key operation from management on down. Excellent investment opportunity.

Wild Wings is the newest concept fast food Buffalo Wing restaurant innovation!

We are not just a wing restaurant, but a dining experience!

Guests can experience the Wild Wings, Sandwiches, Wild Sides , Little Pilot Meals , and fresh Salads; all while enjoying our aircraft memorabilia and clean "diner" atmosphere. Sale includes turnkey operation with all decor, furniture, equipment and so on. Alarm system and DirecTV system included.

Beer and Wine license to convey to new owner.

Please do NOT call store or bother employees for information.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,432
Lease Expiration:
6/1/2021
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Assets include all decor, equipment, furnishings, and all owner's manuals and checklists for franchise operation. Franchisor is waiving required $25k franchise fee for new owner. Lease has 6 years left at fixed agreement. Restrictive covenants prevent meaningful competition in shopping complex.
Competition:
PRIME LOCATION: Restaurant is located in hottest entertainment area in East Anchorage literally connected to Alaska's only IMAX theatre and US Air Force and ARMY military installation sof 25k people with gate within 500 yards. We have customers who commute to Wasilla, Palmer, Eagle River, and the Anchorage bowl who visit us daily. Other new stores in complex include Sam's Club, Best Buy, Ulta Cosmetics, Olive Garden, Kohls, Target, Red Robin, Panda Express, IHOP, Verizon, AT&T, GCI, Denali Credit Union, Pier 1, Men's Warehouse, Lowes, Qdoba, and too m
Growth & Expansion:
Tremendous expansion opportunity as location currently does not offer delivery. BRISK take out and casual dining experiance has not motivated seller to add delivery, but store recieves heavy call volume during lunch for the base, dinner hours and especially football/sports events. Estimation of 30-40% increase in sales volume by bringing on delivery. POS system is configured to include delivery operation and 3rd party delivery services are available in market. Franchise is flexible with addition of other menu items.
Support & Training:
Established crew and management since opening. Additional training from Franchise corporate. Manuals, checklists, and turn-key operation makes training needs minimal. Owner team will train new owner for any reasonable amount of time.
Reason for Selling:
Owner is retired military, moving to west coast, and retiring again. HAHA!
Franchise:
This business is an established franchise
Business Website:
http://Www.wildwingsak.com

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Business Listed By:
Howard Feinstein

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