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FranchiseVerdict

Buffalo Wild Wings vs Penn Station, Inc.

Franchise Comparison 2026

Both Buffalo Wild Wings and Penn Station, Inc. are full-service restaurants franchises. Buffalo Wild Wings requires an investment of $2.5M – $4.9M while Penn Station, Inc. requires $441K – $820K. In terms of revenue, Buffalo Wild Wings reports higher average unit revenue at $3.6M. On SBA loan performance, Buffalo Wild Wings has a lower charge-off rate (0.0%) compared to Penn Station, Inc. (2.0%). FranchiseVerdict rates Buffalo Wild Wings A (Strongest tier) and Penn Station, Inc. A (Strongest tier).

Investment Range
$2.5M – $4.9M
$441K – $820K
Franchise Fee
$25K
$25K
Royalty Rate
5.0%
Tiered monthly royalty on net sales: 0-2% on net sales <$30,000 (0% during 5-yr abatement window, else 2%); 3% on $30,000-$35,000; 4% on $35,000-$40,000; 5% on $40,000-$45,000; 6% on $45,000-$50,000; 7% on $50,000-$55,000; 8% on net sales >$55,000 (monthly tiers, "Current Royalty Rates")
Average Revenue (Item 19)
$3.6M
$820K
SBA Charge-Off Rate
0.0% (22 loans)
2.0% (50 loans)
Total Units
1,178
322
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1991
1987
FDD Year
2026
N/A