Pluckers
The total investment to open a Pluckers franchise ranges from $150,000 to $500,000. The initial franchise fee is $25,000. Ongoing royalties are 5%.
What is the Pluckers franchise?
Pluckers Wing Bar began in 1991, when University of Texas freshmen and fraternity brothers Mark Greenberg and Dave Paul saw that Austin lacked a dependable chicken wing delivery option. They spent their college years developing business plans, testing recipes, and preparing the operation before opening the first location on July 23, 1995, shortly after graduating. Mark's younger brother Sean Greenberg joined as a third partner in 2002 to support expansion into Dallas. The company is headquartered in Austin, Texas, and operates more than 32 primary Texas locations, along with five to six stadium venues outside the core count. The global limited service restaurant market was estimated at $871.02 billion in 2025. Pluckers has built a regional concept that combines a sports bar setting with fast casual operating efficiency. PeerSense prepared this analysis independently and has no commercial relationship with Pluckers or its ownership group.
The limited service restaurant market benefits from casual dining occasions, sports media consumption, and consumer interest in value oriented experiences. One projection places the market at $737.31 billion in 2024 and $1.214 trillion by 2032, with a compound annual growth rate of 5.71 percent. Another estimates $871.02 billion in 2025 and approximately $1.436 trillion by 2034, at a 5.7 percent CAGR. Chicken wings are closely associated with sports viewing, social gatherings, and delivery, all of which have grown materially since 2020. National competition includes a small number of scaled chains and many regional operators. Pluckers therefore benefits from more than 30 locations, a 30 year operating history, and local brand recognition. Regional brands with community ties and authentic founding stories can generate stronger repeat visits than national corporate chains in casual dining. The system saved managers more than four hours per week on scheduling tasks, or over 120 hours of management time weekly across all locations. These conditions support the category, although results will depend on the individual candidate and site.
The Pluckers franchise structure reflects a Texas company built by operators rather than a venture backed system designed for rapid unit growth. The franchise fee is $25,000, compared with category averages of $30,000 to $50,000 for established wing and sports bar concepts. Total investment ranges from $150,000 to $500,000, depending on build out costs, lease terms, market, and whether the site is a new construction project or a restaurant conversion. The primary format has historically used approximately 8,000 square feet. Older franchise documents cited delivery focused units of 2,200 to 3,000 square feet, indicating a shift toward larger venues combining dining and delivery. The minimum liquid capital requirement is $25,000, and the net worth requirement is $300,000. Pluckers began franchising in 1999, but Sean Greenberg stated in March 2025 that the company operates only two franchised stores, both in Baton Rouge, Louisiana, and both opened early in the company's history. He also said that franchising does not fit the brand control standards established by the founders. Historical costs can help frame the opportunity, but a buyer should contact the company directly to confirm whether new franchise development is available.
A Pluckers location is built around a full scale sports bar and casual dining operation of approximately 8,000 square feet. The format requires more labor than a quick service restaurant and is closer to a full service casual dining operation than a counter service fast casual concept. Demand tends to concentrate around sports schedules, weekend evenings, and major televised events, creating staffing challenges that the company has addressed with HotSchedules demand based scheduling software. That system saves more than 120 manager hours each week across the system. The founders have said they learned the business from scratch and worked 100 hour weeks during the early years. Their approach suggests that training would focus on detailed operating knowledge and hands on management rather than a simplified playbook. Historical franchise materials describe a family friendly, close knit team culture, which favors low turnover and relationship based supervision. The five to six stadium locations also show that the company can operate formats outside its primary restaurants. For a prospective operator, this is an active business requiring meaningful involvement, rather than a passive investment. Sean Greenberg's preference for company owned growth reflects the founders' view that brand standards require direct oversight.
As of May 2025, the system included 32 primary Texas locations plus stadium venues. A broader industry benchmark for a sports bar concept of this size and position could suggest annual unit volumes of $2 million to $4 million for a well located 8,000 square foot restaurant with a full bar and sports media infrastructure. Investors should validate any estimate through direct conversations with existing operators and review of the current FDD. Pluckers grew from 17 locations in 2015 to 21 in 2018, 29 by October 2023, and 32 or more by May 2025. A 34th Texas location was scheduled to open in Shenandoah on January 26, 2026. That 30 year expansion record, achieved without external franchise capital, offers a positive signal about the business, although it does not replace location level financial verification.
Over the past decade, Pluckers expanded from 17 locations across the South in August 2015 to 21 locations in Austin, Dallas, San Antonio, and Louisiana by March 2018. The system reached 29 Texas locations by October 2023 and 32 primary Texas locations plus stadium venues by May 2025. Executives have expressed confidence in 20 percent annual growth through four to six new restaurants per year, while co founder Dave Paul has described the historical pace as slow and steady, averaging approximately one location annually over 30 years. Greater Houston has been the most active recent market. A seventh location in Meyerland opened in April 2024. A Katy restaurant at 19302 Katy Fwy, measuring approximately 16,000 square feet with an expanded patio, was expected in early 2025. The Shenandoah restaurant at 151 David Vetter Blvd. was scheduled for January 26, 2026, and would be the ninth Houston area Pluckers and the 34th in Texas. Stadium venues add another format and revenue channel. In March 2025, Sean Greenberg said the company was not far from opening a company operated Pluckers outside Texas, rather than a franchised location.
The historical franchise profile calls for meaningful sales and management experience, although restaurant experience was not required in older franchise materials. The $300,000 net worth requirement and $25,000 minimum liquid capital threshold create an accessible entry profile by franchise standards. Still, managing an 8,000 square foot sports bar and dining operation with concentrated peak demand would be a poor fit for a purely absentee owner. Multi unit development has been a natural path in Austin, Dallas, San Antonio, and the Greater Houston corridor, where established awareness may reduce the marketing spend needed to build a new location. Since franchising began in 1999, that structure has a 25 plus year history. Expansion territories outside Texas and Louisiana remain largely untested because the company has focused on internal growth. Any interested buyer would need to contact the Austin corporate team about current priorities and whether franchise development is still active. Sean Greenberg said in March 2025 that the two Baton Rouge locations make up the entire franchised system and that the company had concluded franchising was not the proper direction. Investors may therefore need to watch for a future announcement rather than expect an immediately available franchise pipeline.
PeerSense offers independent franchise research that includes SBA lending history, Loan Activity Score analysis, location maps with Google ratings, FDD financial data, and comparison tools for evaluating Pluckers alongside limited service restaurant franchises in the same investment range. Buyers should examine the operating model, expansion plans, ownership approach, and available financial evidence before deciding whether the opportunity fits their capital and management capacity.
Loan Activity Score
46/100
SBA Default Rate
0.0%
Active Lenders
1
According to its Franchise Disclosure Document or public business records, Pluckers has 3 locations, all owned by franchisees. Public SBA loan records show 1 lender made 3 loans to franchisees of Pluckers. PeerSense calculates Pluckers's score as 46 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 2020 · 3 locations
$150,000 to $500,000
$25,000
3
3 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Pluckers
3
Total SBA loans
$674K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Pluckers
Loan Activity Score Breakdown
Emerging (3 to 9 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.3% peer avg
SBA Loans
3
Total Volume
$2.0M
Active Lenders
1
States
2
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Pluckers based on SBA lending data
SBA Default Rate
0.0%
10.3% below peer avg
SBA Loan Volume
3 loans
Across 1 lender
Lender Diversity
1 lender
Avg 3.0 loans per lender
Investment Tier
Significant investment
$150,000 to $500,000 total
Pluckers: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2012
1 approval. The best year on record for Pluckers.
Top SBA State
Louisiana
2 SBA financed Pluckers locations, the densest operator footprint.
Average Loan Size
$674K
Median $300K. Use as a sizing anchor when modeling your own Pluckers unit.
Lender Concentration
100%
Concentrated
Share of Pluckers approvals captured by the top 3 SBA lenders.
Pluckers's SBA lending pipeline peaked in 2012 (1 approval). Operator density is highest in Louisiana with 2 SBA financed locations. Average funded ticket sits at $674K, with the median at $300K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,553
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Pluckers, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman