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| Brand | Wings Etc. Full-Service Restaurants Remove | First Watch Full-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $369K – $2.9M | $1.2M – $2.0M |
Liquid capital | $45K – $500K | $30K – $100K |
Franchise fee | $25K | $40K |
Royalty rate | 5.0% | 4.0% |
Ad fund rate | 2.0% | 1.5% |
| Performance | ||
Avg gross sales | $1.6M | N/A |
Median gross sales | $1.5M | N/A |
Avg owner earnings Metric varies by brand. Check type below | $220K | N/A |
Earnings metric | P&L Bottom Line | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 29 / 100 | 33 / 100 |
SBA charge-off rate | 12.2% | 0.0% |
SBA loans on record | 53 | 12 |
| Scale | ||
Total units | 80 | 474 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 1.3% | 0.0% |
| Contract | ||
Initial term (years) | 11 | 10 |
Renewal term (years) | 10 | 5 |
Initial training (hrs) | 316 | 475 |
| Contacts | ||
Franchisee phones | 61 | 100 |
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