About Planet Wings Franchise
Planet Wings is a franchise restaurant concept specializing in chicken wings, burgers, sandwiches, salads, cheese steaks, appetizers, soft drinks and other foods, beverages, and related products.
Franchisees operate restaurants that offer lunch and dinner menus for dine-in, take-out, and delivery using the franchisor's proprietary recipes, formulae, techniques, trade dress, trademarks and logos.
The target customers are the general public, and restaurants are generally located in strip shopping malls or urban locations ranging from 1,100 to 2,500 square feet.
Planet Wings Franchise Cost & Fees
Minimum Investment
$267K
Average Investment
$345K
Maximum Investment
$424K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Sales (Marketing Development Fee) plus 1% of Gross Sales (Local Advertising) | National brand fund |
| Total Investment Range | $267,000 – $423,500 | Includes build-out, inventory, working capital |
The investment range of $267K–$424K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (1% of Gross Sales (Marketing Development Fee) plus 1% of Gross Sales (Local Advertising)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,000 | $25,000 |
| Leasehold Improvements | $90,000 | $140,000 |
| Lease Payments – 3 Months | $4,500 | $22,500 |
| Security Deposits | $1,500 | $7,500 |
| Equipment/Furniture and Fixtures | $80,000 | $115,000 |
| Signage | $8,000 | $12,000 |
| Initial Inventory | $8,000 | $15,000 |
| Blue Prints and Plans | $7,000 | $12,000 |
| Point of Sale System | $13,000 | $20,000 |
| Office Equipment and Supplies | $1,000 | $3,000 |
| Travel, lodging and meals for initial training | $1,500 | $2,500 |
| Licenses and Permits | $1,000 | $2,000 |
| Insurance – Annual | $5,000 | $9,000 |
| Start-Up Marketing | $5,000 | $5,000 |
| Professional Fees | $1,500 | $3,000 |
| Additional Funds | $15,000 | $30,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 (Franchise Agreement); $15,000 (Multi-Unit Operator Agreement) |
| Renewal Fee | None (Successor Agreement Fee) |
| Technology Fee | $800 annually (POS System Maintenance Contract) plus $80 monthly (On-line Ordering Fee) |
| Audit Fee | Cost of audit if understatement of 2% or more is found |
| Interest | 18% per annum or highest rate allowed by applicable law |
| Prohibited Product or Service Fine | $250 per day |
| Initial Training (additional employees) | $2,500 per person plus expenses |
| Additional On-Site Training | $400 per diem per trainer plus expenses |
| Management Fee | 5% of Gross Sales plus expenses |
| Inspection and Testing | $250-$3,000 |
| Costs and Attorneys' Fees | Varies |
| Indemnification | Varies |
| Repair, Maintenance, and Remodeling/Redecorating | Varies |
| Insurance | Varies |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 40 hours total plus up to 7 days of on-site pre-opening and opening assistance |
| Classroom Training | 15 hours |
| On-the-Job Training | 26 hours |
| Training Location | Middletown, New York (corporate headquarters and operating Restaurant) |
| Additional Training | Refresher training courses may be offered (some mandatory); annual franchisee meetings may be held; additional on-site training available at $400 per diem per trainer plus expenses |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive with exceptions |
| Exclusive Territory | Yes |
| Territory Size | Minimum approximately 30,000 people in suburban areas |
| Description | Territory is assigned based on whether the location is urban or suburban. May be described in terms of mileage radius, street or city boundaries, or zip codes. Franchisor will not establish another Restaurant in the Territory during the term, but reserves rights to: operate at Non-Traditional Sites within Territory (with right of first refusal to franchisee), sell products through alternative distribution channels within Territory, and acquire and operate other restaurant businesses in the Territory. No Territory granted for non-traditional sites or major metropolitan locations. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years |
| Renewal Fee | None |
| Renewal Conditions | Must give 6-12 months written notice; repair/update equipment and premises; not be in breach; satisfy all monetary obligations; have right to remain in possession of premises; sign current agreement and general release; comply with current qualification and training requirements. May be asked to sign contract with materially different terms. |
| Transfer Fee | $5,000 (Franchise Agreement); $15,000 (Multi-Unit Operator Agreement) |
| Transfer Conditions | All obligations current; not in default; sign general release; transferee must meet franchisor criteria, attend training, sign current Franchise Agreement; pay transfer fee; franchisor has 30-day right of first refusal |
| Termination for Cause | Immediate termination without cure for: insolvency/bankruptcy, operating at unapproved location, failure to acquire site or open on time, abandonment, felony conviction, unauthorized transfer, false books/records. Curable defaults with 5-30 day cure periods for: failure to pay, failure to maintain insurance, unauthorized use of Marks, other defaults. |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term, prohibited from operating or having interest in a similar business anywhere. For 2 years after expiration or termination, prohibited from operating or having interest in a similar business within 25 miles of any Planet Wings Restaurant in the System. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Franchisee must designate a General Manager who must be one of the Principals, must have decision making authority, must devote full time and best efforts to the supervision and management of the Restaurant, and must satisfactorily complete the initial training program. |
| Required Suppliers | Franchisees must purchase from approved suppliers who meet franchisor's standards and specifications. Proprietary recipe products must be purchased from franchisor or designated suppliers. Logoed merchandise must be purchased from franchisor's affiliate or designated supplier. |
| Supply Restrictions | Approximately 75-80% of purchases for establishing the Restaurant and 85-90% of ongoing purchases must be from approved suppliers or conform to franchisor specifications. All suppliers must be approved in writing before purchases. |
| Franchisor Revenue from Suppliers | For fiscal year ended October 31, 2021, franchisor did not derive any revenue from approved suppliers in the form of rebates or other payments. Any rebates were paid directly to franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Planet Wings does not offer, either directly or indirectly, any financing arrangements. They do not guarantee notes, leases or other obligations. |
Planet Wings Franchise Earnings — Item 19
Planet Wings does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Planet Wings does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Planet Wings Litigation & Risk Flags
Clean Litigation RecordPlanet Wings has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Planet Wings System Growth
Total Units
14
Franchised
9
Company-Owned
5
Planet Wings currently operates 9 franchised locations and 5 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 1 | 14 |
| 2020 | 1 | 0 | 15 |
| 2021 | 0 | 1 | 14 |
Transfers: 0 | Closures: 1
State Registrations
Registered in 1 states: NY
Franchisor Financials (Item 21)
Revenue
$458K
Net Income
$164K
Total Assets
$20K
Audited by Judelson, Giordano & Siegel, CPA, P.C. for year ending October 31.
Planet Wings Franchise — FAQ
The total investment to open a Planet Wings franchise ranges from $267,000 to $423,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $25,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Planet Wings charges a royalty fee of 6% of Gross Sales of gross sales, plus a 1% of Gross Sales (Marketing Development Fee) plus 1% of Gross Sales (Local Advertising) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Planet Wings Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Planet Wings to ensure you have the most up-to-date version.
Planet Wings does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Planet Wings has been franchising since 2004. The FDD shows an investment range of $267,000-$423,500, a 6% of Gross Sales royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $25,000 and the total investment ranges from $267,000 to $423,500 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Planet Wings and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Planet Wings or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com