Anyone who’s been watching the restaurant business over the past few decades has seen the rise of hot wing franchise opportunities in communities across the nation. It’s a food movement that can connect with customers’ preferences on flavor, while providing owners with a cost-effective ingredient option in an exciting, and growing industry.
Here are some key reasons to think about ownership of hot wing franchise opportunities today.
A Hot Wing Franchise is A Flavor Sensation
What’s the reason there are so many hot wing franchise opportunities around? It’s down to the flavor that started it all.
Buffalo hot wings have been a key part of the American appetizer hall of fame since the dish’s invention more than fifty years ago. And it’s no wonder — they could almost have been custom-designed to fit with good times.
Chicken breaded and fried, and coated with Buffalo sauce, the secret ingredient that gives hot wings their zip, taste like nothing else out there. They can be the ideal partner to dips like bleu cheese, ranch, and others, and pair well with veggies or other finger foods.
Buffalo sauce is more than a flavor explosion, too. It can be a highly versatile addition to any kitchen, and can work with much more than hot wings. Boneless chicken can be a fantastic option for Buffalo flavoring, for example, and can make an already-beloved dish even better and easier to enjoy.
It’s a meal customers across the country are crazy for, and can be the foundation for hot wing franchise opportunities wherever guests crave that tangy, spicy zip.
Demand for Hot Wings is Bigger than Ever
A potential owner wants to know that the brand they’re looking at has a product customers want. Long-term prospects are crucial as well; owning a franchise means thinking ahead, and it’s important to make sure the customers are going to be there tomorrow.
And the long term, loyal customer base is just one reason why hot wing franchise opportunities might be worth serious consideration.
More people than ever want hot wings today. In just a few decades, the dish has grown from a regional classic to a national meal, with people in every state enjoying them daily.
Much of that growth comes from the association people have developed between hot wings and sports. Americans love sports, and they love to eat wings while they watch them, with more than 1.4 billion wings consumed during the Super Bowl, and climbing.
Hot wings, and other Buffalo sauce-based chicken creations, have established themselves as key player at gatherings, nights out, and any other experience that might benefit from the addition of a little heat and flavor. That’s helped make hot wing franchise opportunities a prudent option for many future owners.
The Industry is Expanding
Hot wing franchise opportunities can connect owners with a dish that’s been a sensation in communities all over the country. Plus, it places them in an industry on the rise.
A look at an industry’s history can provide a clearer picture of the business prospects in a hurry. Past performance is crucial, and can show direction and any possible increase or decrease in popularity.
Expectations for what’s to come are equally essential. How is the industry projected to perform over the next few years?
For brands that serve hot wings, the business in the spotlight is the fast-food chicken franchise industry. That’s a field that’s been around for as long as quick-service restaurants have been serving guests, and it’s one that’s seen significant increases in growth in the recent past.
It’s a market worth more than $55 billion, with additional value accumulating every day. The industry grew at a rate of almost 10% over the past five years, and that development is expected to continue over the next five.
Wings Can Be Cost-Effective
For franchise owners, the cost can be one of the primary concerns that drive business decisions and brand direction. Systems and processes should maximize potential while working to minimize possible waste or expense.
A careful eye on overhead can lead a prospective owner to hot wing franchise opportunities, thanks to the way working with the product can be a natural fit for managing cost.
One of the keys to keeping expenses under control is by making menu choices that incorporate every part of the animal, without squandering any of it.
Thanks to ongoing demand leading to increased production, wings sell at a lower retail price today than in years, so focusing the menu on hot wings can make good business sense.
Hot wings can be more than a fantastic draw for customers and a flavorful claim to fame for their favorite franchises — they can be the responsible option in a business that demands careful budgeting and management.
Find Your Hot Wing Franchise Opportunities with The Buffalo Spot
Hot wings are a delicious, wildly popular, American original. It’s a dish for modern times, and the center of our approach at The Buffalo Spot.
At The Buffalo Spot, we’ve built our brand for today. We’re a place for great-tasting wings, we’re the home of the world-famous Buffalo fries, and we’ve developed a franchise model aimed at growth.
As a proud member of the Encinal Brands franchise family, we back up our owners with a take on fast casual that puts simplicity and quality first, and provide them with robust, meaningful support whenever it’s needed, from day one and on. It’s all part of business as usual at The Buffalo Spot, and it’s helped make us a leader in a growing field.
The Buffalo Spot is preparing to expand into new territories, and we’re on the lookout for future owners to come with us.
Want to get more details? Contact us today!