Hurricane Grill & Wings® Rounds out Quarter One with Record Growth
May 06, 2013 // Franchising.com // WEST PALM BEACH, FL - Hurricane Grill & Wings®, the award-winning, family-friendly restaurant, announced unprecedented growth in the first quarter of 2013. Since January, the casual-dining chain has celebrated the opening of their 50th restaurant in Minnetonka, MN, along with their first ever Alabama and Maryland locations. In addition to monumental openings, the year began with three large franchise agreements, which puts the company on track to open over 20 restaurants in 2013, with new locations in: Maryland, Alabama, Florida, Texas, Minnesota, Colorado, Louisiana, Georgia and New York.
In 2012, Hurricane Grill & Wings finished its fourth straight year of same-store-sales growth of over five percent with an additional 28 percent corporate growth and nearly 31 percent enterprise growth. The company’s first quarter signified a strong start for 2013, on track for another record-breaking year. A major driving force behind Hurricane Grill & Wings’ rapid expansion is its recently announced $10 million in financing for new and existing franchisees. The funds, provided by Mount Pleasant Capital, have opened up new opportunities for franchising and encouraged business owners to invest in a successful system. Another key partnership that has helped the brand’s growth is Boefly, an online marketplace that gives current and potential owners access to over 22,000 banks bidding for the business of franchisees. As an approved member of the Small Business Association, our current franchisees also have access to excellent resources to help them operate their restaurants. Not only are franchise sales at an all time high, but the company has a total of 187 franchise commitments to be developed over the next six years, thus ensuring a bright future for the brand.
“2012 was a record-breaking year for Hurricane Grill & Wings and the early numbers look as though 2013 will continue that progress,” said Martin O’Dowd, President of Hurricane Grill & Wings. “With unique financing now available, continually increasing sales and a growing customer base, it looks as if Hurricane Grill & Wings’ is in for an exciting year.”
Hurricane Grill & Wings is known for its over 30 sauce and rub flavors, which can be added to any menu item, ranging from bugers to sliders to wings, and its laid-back, relaxed ambiance. For general information, franchising or catering, please visit www.HurricaneWings.com.
About Hurricane Grill & Wings
Hurricane Grill & Wings® whose trademark is "Live with Flavor®" is known for its uniquely savory, fresh jumbo chicken wings, offered with a choice of more than 30 signature sauces and flavors. Named by USA Today as one of “10 Great Places to Wing It,” and selected as one of the “Future 50” by Restaurant Business, Hurricane Grill & Wings’ menu items are cooked fresh to order with high quality ingredients and zero trans fats. Other menu options range from the world famous garlic & parmesan fries, salads to fresh, never frozen Certified Angus Steak Burgers and Grilled Mahi-Mahi along with a full bar and line-up of craft beers and wine. The original Hurricane Grill & Wings opened in Fort Pierce, Fla., in 1995. There are over 50 locations in nine states, including Alabama, Arizona, Florida, Indiana, Michigan, Minnesota, New York, North Carolina and Texas, with additional restaurants planned nationwide.
SOURCE Hurricane Grill & Wings
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances