Having recently achieved its 36th consecutive quarter of same
store sales increases, East Coast Wings & Grill, a concept
known for its 75 flavors of award-winning buffalo-style wings, is
heating up for 2013.
Winston Salem, NC
In addition to an annual percentage increase of 10.15% over 2011
and opening three restaurants in 2012, the North Carolina-based
chain signed eight new development deals for a total of 42
locations nationwide. With more than 100 locations currently in
development, East Coast Wings & Grill expects to open 12
additional locations by the end of the year.
"We are excited about the growth the brand experienced this past
year," said Sam Ballas, CEO of East Coast Wings & Grill. "With
average Earnings Before Interest, Taxes, Depreciation, and
Amortization (EBITDA) per location at 19.1 percent in 2011, and
positive same-store sales for the 36th consecutive quarter, we
continue to be contacted by savvy multi-unit operators and
investors who realize that this type of profitability is not common
in the casual restaurant segment. This is why we continue to lead
the buffalo wing segment in profitability and franchisee
satisfaction."
New restaurants are scheduled to open in 2013 in Alabama,
Florida, Georgia, Indiana, Kentucky, North Carolina, Pennsylvania,
South Carolina, Tennessee, and Texas.
With a focus on great-tasting, freshly prepared food for
families, rather than alcohol (alcohol sales attribute for less
than 11 percent of total sales), the burgeoning brand creates a
warm and inviting décor that leaves customers feeling a sense of
community. And while its 75 flavors and 675 combinations of buffalo
style wings remain a staple of the concept, East Coast Wings &
Grill's six-page menu also includes such casual dining fare as
burgers, salads, sandwiches and more.
"We are confident in the capabilities of the experienced
multi-unit developers that we have recruited, and they have signed
for an additional 42 new locations in the last 6 months, to open
over the next several years," said Dan Collins, Senior Vice
President of Brand Development. "We currently have eight
restaurants under real estate development, have already opened two
new restaurants, and are searching for sites for several others
that will open in 2013."
To augment the market's growth, East Coast Wings & Grill is
seeking additional multi-unit franchisees to further develop the
company's network of restaurants, including a university model
store, throughout the nation. The average cost to open an East
Coast Wings & Grill is between $242,900 and $670,740, with a
franchise fee of $30,000.
For more information on East Coast Wings & Grill, visit
www.eastcoastwingsfranchise.com
.
About East Coast Wings & Grill
East Coast Wings & Grill, a fast growing casual dining chicken
wing franchise, has 24 locations in North Carolina and has signed
agreements to add over 100 new restaurants across the country
within the next several years. The franchise concept not only
caters to the chicken wing lover by offering 75 different flavors
of chicken wings in any of nine heat intensities, but also salads,
wraps, sandwiches, burgers and more, all using fresh, not frozen
ingredients. To learn more about the franchise concept or about
exciting franchise opportunities please visit
www.eastcoastwingsfranchise.com
for more information.
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