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| Brand | Wings and Rings Full-Service Restaurants Remove | Elevation Burger Full-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $483K – $2.0M | $517K – $2.0M |
Liquid capital | $50K – $100K | $25K – $40K |
Franchise fee | $40K | $50K |
Royalty rate | N/A | 6.0% |
Ad fund rate | 4.0% | 2.0% |
| Performance | ||
Avg gross sales | $2.4M | $1.1M |
Median gross sales | $2.5M | $739K |
Avg owner earnings Metric varies by brand. Check type below | $256K | N/A |
Earnings metric | EBITDA | Not classified |
| Risk | ||
Rating | BAbove Average | DBelow Average |
Risk score | 55 / 100 | 75 / 100 |
SBA charge-off rate | N/A | 33.3% |
SBA loans on record | 64 | 3 |
| Scale | ||
Total units | 62 | 36 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 22.6% | 11.1% |
| Contract | ||
Initial term (years) | 10 | 15 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 141 | 500 |
| Contacts | ||
Franchisee phones | 72 | 17 |
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