Interested in selling your Buffalo Wild Wings NNN property or Buffalo Wild Wings ground lease property and was wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Buffalo Wild Wings NNN property for sale or Buffalo Wild Wings ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Buffalo Wild Wings NNN property or the inclusion of a Buffalo Wild Wings ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Buffalo Wild Wings properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
As of January 2023, Buffalo Wild Wings operates across more than 1,200 locations in various countries and territories. These establishments are known for their sports-centric atmosphere and signature wings.
Revenue and income
2022 Buffalo Wild Wings reported total revenue of $1.5 billion. The net income for the same period was $85 million.
Future plans
Buffalo Wild Wings has ambitious plans for growth and enhancement. The company is focusing on renovating and modernizing existing locations and exploring opportunities for international expansion. Throughout 2023, they aim to open 150 new sites worldwide, catering to their passionate fan base.
Corporate vs. franchise
Buffalo Wild Wings primarily operates under a corporate-owned model, with approximately 90% of its locations falling under this category. Franchise opportunities are limited but are available in select markets, with interested franchisees required to meet specific criteria and make a significant initial investment.
Additional information 7-Eleven Properties
Buffalo Wild Wings was established in 1982 in Columbus, Ohio.
The company is well known for its various chicken wing selections and sauces.
Buffalo Wild Wings is a popular destination for sports enthusiasts, known for broadcasting various sporting events on numerous screens within its establishments.
The company emphasizes a casual and lively dining experience, often attracting groups of friends and families.
Buffalo Wild Wings is owned by Inspire Brands, a multi-brand restaurant company that oversees several well-known food chains.
Buffalo Wild Wings History
Buffalo Wild Wings has a rich history that dates back to 1982 when friends Jim Disbrow and Scott Lowery searched for authentic Buffalo-style chicken wings. Unable to find them in their new home in Columbus, Ohio, they decided to open their restaurant. The first Buffalo Wild Wings location was born, offering a variety of wing flavors and sauces that would soon become the brand’s signature. Over the years, the restaurant’s sports-centric atmosphere and commitment to providing a fun dining experience have contributed to its growth.
Why Invest in Ground Lease and NNN Lease of 7-Eleven?
Investing in Buffalo Wild Wings‘ ground lease and triple net (NNN) lease properties presents several compelling reasons:
1) Buffalo Wild Wings NNN Property Investment: Stable income
Benefit from the well-established brand and the restaurant’s popularity, which can provide consistent and dependable Income through ground and NNN leases.
2) Buffalo Wild Wings NNN Property Investment: Established tenant
Buffalo Wild Wings’ widespread recognition and success can reduce the risk of tenant vacancy or lease default, ensuring a stable and reliable tenant for your property.
3) Buffalo Wild Wings NNN Property Investment: Low management responsibility
Ground and NNN leases shift the burden of property maintenance and expenses to the Tenant, alleviating the landlord’s management responsibilities.
4) Buffalo Wild Wings NNN Property Investment: Favorable lease terms
Long lease terms with potential rent escalations offer predictability in Income and the possibility of rental growth over time.
5) Buffalo Wild Wings NNN Property Investment: Real estate value
Strategically located in high-traffic areas, Buffalo Wild Wings locations can enhance the property’s value, offering opportunities for capital appreciation.
Pros and Cons of Buffalo Wild Wings Ground Lease and NNN Lease Investment
Pros:
1. Stable income from a well-established brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.
Cons:
1. Lease renewal risk when the term expires.
2. Dependency on Buffalo Wild Wings’s success and operational challenges.
3. Market saturation and competition affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.
Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.