Buffalo Wild Wings To Sell 60 Company-Owned Stores
Company Added
Company Removed
Apply to Request List

Buffalo Wild Wings To Sell 60 Company-Owned Stores

Buffalo Wild Wings To Sell 60 Company-Owned Stores

Buffalo Wild Wings has revealed it will sell about 10 percent of its company-owned units. The strategic move will convert the locations to franchisee-operated stores and officials hope improve margins as the brand works to pump up sales and profits. The news was announced during an earnings call last week. The company currently owns 631 of its more than 1,200 locations.

Officials also have indicated that they are open to further sales of company locations in the future if the sale of the initial restaurants gets good results. No specific goal in terms of the percentage of units the brand wants to own and operate was provided. Buffalo Wild Wings says it will continue building and buying locations in markets where ROI is strong.

The company has been hampered recently by declining store sales, an increase in chicken wing prices, growing competition, and a shift in consumer demand toward more delivery services.

The refranchising initiative may not have much impact during 2017, with the bulk of restaurant sales not coming until 2018. In fact, the company plans to continue to expand its 1,200-unit chain this year by starting 15 new company-owned restaurants in the U.S., 15 franchised locations in the U.S., and 20 franchised locations outside the U.S. The company also said it would expand its R Taco chain with two company-owned restaurants and 12 to 15 franchised locations this year.

Published: February 15th, 2017

Share this Feature

Red Mango
SPONSORED CONTENT
Red Mango
SPONSORED CONTENT
Red Mango
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
UBreakiFix
SPONSORED CONTENT

FRANCHISE TOPICS

Unity Rd.,
SPONSORED CONTENT
Conferences
Caesar's Forum, Las Vegas
SEP 1-4TH, 2020

MassageLuXe® is a fast-growing massage franchise providing massage services to clients, primarily through multi-unit area developers & single...
Cash Required:
$120,000
Request Info
Taking re-franchising to a whole new level. Learn more about acquiring 20 or more operating units of a national brand with low labor, quality...
Cash Required:
$100,000
Request Info

Share This Page

Subscribe to Multi-Unit Franchisee Report

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2020.
All Rights Reserved.