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Wild Wing Cafe

Wild Wing Cafe

The total investment to open a Wild Wing Cafe franchise ranges from $308,400 to $2.0M. The initial franchise fee is $50,000.

What is the Wild Wing Cafe franchise?

Wild Wing Cafe was founded on June 22, 1990, in Hilton Head, South Carolina, by Dianne Cecil Crowley and her husband, Cecil Crowley. Dianne Crowley, formerly head of a public relations firm representing the Atlanta Falcons Chapter of the NFL Alumni Association, financed the venture. The concept combined made from scratch chicken wings, an extensive beer selection, and live music in one casual dining destination. The brand had seven locations by 2001, 33 U.S. units by 2008, and nearly 45 locations across nine states in early 2021. After financial and operating challenges, it now has 17 locations across Alabama, Georgia, North Carolina, South Carolina, Tennessee, and Virginia. The company is headquartered in Charlotte, North Carolina. Wild Wing Cafe operates within the U.S. full service restaurant industry, projected to reach USD 1.59 trillion in 2025 and USD 2.05 trillion by 2035 at a compound annual growth rate of 2.6%. Its niche combines sports bar culture, live entertainment, and chicken wing dining, though the brand's history shows that this model can be difficult to scale.

The global full service restaurant market was valued at USD 15.38 billion in 2025 and is projected to reach approximately USD 23.22 billion by 2035, reflecting a compound annual growth rate of 4.21% from 2026 through 2035. North America held 31% of the global market in 2025, while U.S. full service restaurant growth is projected at a CAGR of 3.5% through 2035. Consumer interest in dining out and experiential visits supports concepts that offer entertainment alongside food. Roughly 60% of consumers prefer restaurants with international or diverse culinary options, and many diners judge the visit by the environment and social experience as well as the meal. Wild Wing Cafe was built around that model in 1990. The segment remains fragmented among independent operators, regional chains, and national brands, leaving room for differentiated regional concepts. Contactless payments, AI driven reservation systems, and digital menus are also changing guest expectations. For Wild Wing Cafe, the central operating challenge is reproducing live music and consistent food quality across locations.

The stated initial investment for a Wild Wing Cafe unit ranges from $308,400 to $1,980,000. Costs vary with the real estate format, geographic market, construction or conversion requirements, and local permitting. A separate figure from the franchise disclosure document lists $1,054,242 to $2,238,925, including the $50,000 initial franchise fee, real estate, equipment, supplies, business licenses, and working capital described in Item 7 of the FDD. Buyers should reconcile these figures with the current FDD. The minimum net worth is $1,000,000, and required liquid capital is $500,000. Qualified military veterans receive a 70% discount on the initial franchise fee, reducing the $50,000 fee to $15,000, along with a 1% royalty fee reduction during the first year. In January 2012, Axum Capital Partners, a Charlotte, North Carolina based private equity firm whose founders include former NFL Pro Bowler Muhsin Muhammad, acquired a majority interest in Wild Wing Cafe. CEO Steven Weigel assumed leadership in May 2021 after senior roles at Cerca Trova Restaurant Concepts, the largest global franchisee of Outback Steakhouse, Friendly's Ice Cream Corporation, Tom's Urban, Smashburger, and Red Lobster. Prospective buyers should also confirm the brand's current SBA registry status during due diligence.

A Wild Wing Cafe franchise combines a full service kitchen, a bar program centered on beer, and live music and events. The kitchen produces made from scratch wings and an extended menu, while the entertainment program supports evening and weekend traffic. This creates greater staffing complexity than a typical quick service or casual dining operation. One location in Greenville, South Carolina, planned to employ 140 people when it opened in 2017. Managers may spend as many as 13 weeks training with experienced Wild Wing Cafe trainers, followed by support from field staff as the opening approaches. Franchisees also have access to in house corporate staff with industry experience. The company emphasizes community involvement and signs long term leases in its markets. In October 2021, it introduced a 6,500 square foot prototype with indoor and outdoor areas, a larger stage, and one stage built into the back of a 1957 Chevy truck. The design reflects a focus on in person dining rather than delivery or takeout. During the COVID 19 pandemic period, the company remodeled 15 of its 18 corporate stores.

Against a total investment of $1.0 million to $2.2 million, those figures imply a revenue to investment multiple of 1.6x to 3.4x. Labor, food costs, occupancy, and royalty obligations can materially affect results, and the live music and scratch kitchen model may require more labor than simpler casual dining concepts. Wild Wing Cafe filed Chapter 11 in March 2009 and again in July 2023. The later filing was connected in part to a $12.5 million unpaid loan and the effects of the COVID 19 pandemic. In May 2024, the company faced a warning of possible conversion to Chapter 7 liquidation citing late reports, unpaid taxes, and gross mismanagement. These events should be considered in any financial projection.

Wild Wing Cafe grew from seven locations in 2001 to 33 U.S. units by 2008, an average of roughly 3.7 net new units per year during that period. Unit count increased 13.8% year over year in 2008. The system reached nearly 45 locations across nine states by early 2021, then closed 15 restaurants by 2023. As of 2025, it has 17 locations across six states. In October 2021, CEO Steve Weigel stated a goal of 100 restaurants by 2028 and said he believed the concept could support 350 restaurants nationwide. The strategy focuses on smaller markets where large national chains may compete less aggressively. Wild Wing Cafe also points to community involvement, long leases, and server and bartender tenures of over five years at well run locations. Its differentiators include live music and entertainment, scratch made wings, and events such as Last Band Standing, WingStock, and The Wild Wing Voice Off. The difference between the 2021 expansion goal and the 2025 footprint remains a significant execution issue.

The best fit for this franchise is an owner operator or a deeply involved multi unit operator with experience in food service, beverage operations, and live entertainment. A franchisee who previously worked as a marketing manager for a major radio company credited experience with entertainment programming and community activation as advantages. That operator also cited the made from scratch kitchen and consistent entertainment atmosphere as factors supporting staff tenure and customer loyalty. A full scale location's 140 person staffing model favors buyers with experience in high volume, multi department hospitality operations. The current footprint is concentrated in Alabama, Georgia, North Carolina, South Carolina, Tennessee, and Virginia. The stated growth strategy targets smaller and mid sized communities in these and adjacent markets where the restaurant can become a local destination. Opening takes months because of the real estate commitment, 13 week management training program, and multiple operating departments. Buyers considering multi unit development should prepare for the $500,000 liquid capital minimum per unit and $1,000,000 net worth requirement.

Buyers should use legal counsel, an accountant experienced with franchises, and conversations with current and former franchisees before committing capital in the $308,400 to $1.98 million range. The broader market has projected U.S. growth of 3.5% through 2035 and continued interest in experiential dining, but those conditions do not establish the financial health of this brand. PeerSense provides franchise research that includes SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools for evaluating Wild Wing Cafe against other full service restaurant concepts. PeerSense introduces franchise buyers to SBA and conventional lenders, but it is not a lender.

Loan Activity Score

44/100

SBA Default Rate

0.0%

Active Lenders

5

According to its Franchise Disclosure Document or public business records, Wild Wing Cafe has 10 locations, all owned by franchisees. Public SBA loan records show 5 lenders made 5 loans to franchisees of Wild Wing Cafe. PeerSense calculates Wild Wing Cafe's score as 44 out of 100, using public SBA loan performance and recent lending activity.

Franchising since 1990 · 10 locations

Investment

$308,400 to $2.0M

Franchise Fee

$50,000

Total Units

10

10 franchised

Loan Activity Score
Medium
44
SBA Lending
25
Lender Quality
9
Transparency
4
Reach
3
Momentum
3

Proprietary PeerSense metric

Fair
Capital Sources
5SBA lenders

Distinct lenders in public SBA records for Wild Wing Cafe

5

Total SBA loans

$1.8M

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Wild Wing Cafe

Loan Activity Score Breakdown

Emerging (3 to 9 loans)

Medium Confidence
44out of 100
Fair
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency4/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint3/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 10.3% peer avg

SBA Loans

5

Total Volume

$8.8M

Active Lenders

5

2 selective

States

1

vs. SBA Sector Average

+10.3%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Wild Wing Cafe based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

SBA Loan Volume

5 loans

Across 5 lenders

Lender Diversity

5 lenders

Avg 1.0 loans per lender

Investment Tier

Premium investment

$308,400 to $1,984,600 total

Wild Wing Cafe: 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

2014

2 approvals. The best year on record for Wild Wing Cafe.

Top SBA State

Georgia

6 SBA financed Wild Wing Cafe locations, the densest operator footprint.

Average Loan Size

$1.2M

Median $1.1M. Use as a sizing anchor when modeling your own Wild Wing Cafe unit.

Lender Concentration

36.4%

Moderately Spread

Share of Wild Wing Cafe approvals captured by the top 3 SBA lenders.

Wild Wing Cafe's SBA lending pipeline peaked in 2014 (2 approvals). Operator density is highest in Georgia with 6 SBA financed locations. Average funded ticket sits at $1.2M, with the median at $1.1M. Lender mix is moderately spread: the top three SBA lenders account for 36.4% of approvals. Meaningful choice exists, but specific lenders carry the brand.

Payment Estimator

Loan Amount$247K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$3,192

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

Wild Wing Cafe, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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Wild Wing Cafe

Page Review

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