Buffalo Wild Wings is one of the most successful sports bar chains in the United States, with over 1,200 locations nationwide and sales of over $3.9 billion in 2022. Often abbreviated as B-Dubs, the popular sports bar and restaurant chain is known for its signature chicken wings and wide selection of sauces. Founded in 1982, Buffalo Wild Wings has since become a go-to destination for sports enthusiasts, families, and friends looking for a casual dining experience combined with a lively atmosphere to watch sports events.
Buffalo Wild Wings has experienced significant growth over the years, expanding its footprint across the United States and internationally. It has had a notable influence on the casual dining and sports bar industry, setting the standard for combining food, sports, and entertainment in a fun and welcoming environment. The casual dining chain has been recognized by Entrepreneur as a Franchise 500 brand Top Food Franchise for 2021.
Financial Success
- Sales growth: Buffalo Wild Wings has experienced consistent sales growth over the past several years. In 2022, the chain’s sales grew by 5.9% over 2021.
- Profitability: Buffalo Wild Wings is a profitable business. In 2022, the chain’s net income was $300 million.
- Return on investment: Buffalo Wild Wings has a strong return on investment (ROI). In 2022, the chain’s ROI was 20%.
Triple Net Lease Success
- NNN lease savings: Buffalo Wild Wings estimates that its NNN leases save the chain over $100 million per year. This estimate is based on the fact that NNN leases transfer the burden of owning the real estate to the landlord. This allows Buffalo Wild Wings to focus on its core business of running restaurants.
- NNN lease flexibility: Buffalo Wild Wings’ NNN leases give the chain flexibility to expand or contract its operations as needed. Because the chain is not responsible for the financing of the properties, this allows Buffalo Wild Wings to move into new markets or close underperforming restaurants more easily.
Buffalo Wild Wings has experienced consistent sales growth and profitability over the past ten years and more.
A Triple Net Lease Partner
Brisky Net Lease is a good partner for investors looking for triple net lease properties. Brisky Net Lease has a team of experienced professionals who can help investors to find the best possible NNN lease deals to complement their existing commercial real estate portfolios.