Buffalo Wild Wings®

Source filing: WI · filed 2026-03-26

Item 5 — Initial franchise fee

$25,000 [p.29 · WI · 2026-03-26]

Item 6 — Recurring fees (royalty & advertising)

Royalty Fee(3)See FDD [p.31 · WI · 2026-03-26]
Advertising Fee(4)See FDD [p.31 · WI · 2026-03-26]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

$2,896,445 [p.40 · WI · 2026-03-26] $4,500,320 [p.40 · WI · 2026-03-26]

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year538 [p.81 · WI · 2026-03-26]
Franchised outlets at end of year549 [p.81 · WI · 2026-03-26]
Net change in franchised outlets11 [p.81 · WI · 2026-03-26]
Transfers8 [p.82 · WI · 2026-03-26]
TerminationsNot disclosed
Non-renewalsNot disclosed
Ceased operations (other)Not disclosed
Company-owned outlets at end of year629 [p.81 · WI · 2026-03-26]

Item 19 — Financial performance representation

Headline cohort

2025 Franchised Sports Bars - All Sports Bars · 2025 fiscal year (December 30, 2024 until December 28, 2025)

Outlets in sampleAverageMedianHighLow
532 [p.79 · WI · 2026-03-26] $3,574,130 [p.79 · WI · 2026-03-26] $3,433,937 [p.79 · WI · 2026-03-26] $8,127,592 [p.79 · WI · 2026-03-26] $1,352,618 [p.79 · WI · 2026-03-26]

All disclosed cohorts (5)

CohortOutletsAverageMedianHighLow
2025 Franchised Sports Bars - 1st Quartile
2025 fiscal year (December 30, 2024 until December 28, 2025)
133 [p.79 · WI · 2026-03-26] $5,079,519 [p.79 · WI · 2026-03-26] $4,875,869 [p.79 · WI · 2026-03-26] $8,127,592 [p.79 · WI · 2026-03-26] $4,190,190 [p.79 · WI · 2026-03-26]
2025 Franchised Sports Bars - 2nd Quartile
2025 fiscal year (December 30, 2024 until December 28, 2025)
133 [p.79 · WI · 2026-03-26] $3,799,484 [p.79 · WI · 2026-03-26] $3,808,881 [p.79 · WI · 2026-03-26] $4,187,367 [p.79 · WI · 2026-03-26] $3,436,218 [p.79 · WI · 2026-03-26]
2025 Franchised Sports Bars - 3rd Quartile
2025 fiscal year (December 30, 2024 until December 28, 2025)
133 [p.79 · WI · 2026-03-26] $3,095,189 [p.79 · WI · 2026-03-26] $3,117,110 [p.79 · WI · 2026-03-26] $3,431,655 [p.79 · WI · 2026-03-26] $2,780,123 [p.79 · WI · 2026-03-26]
2025 Franchised Sports Bars - 4th Quartile
2025 fiscal year (December 30, 2024 until December 28, 2025)
133 [p.79 · WI · 2026-03-26] $2,322,326 [p.79 · WI · 2026-03-26] $2,371,905 [p.79 · WI · 2026-03-26] $2,759,253 [p.79 · WI · 2026-03-26] $1,352,618 [p.79 · WI · 2026-03-26]
2025 Franchised Sports Bars - All Sports Bars
2025 fiscal year (December 30, 2024 until December 28, 2025)
532 [p.79 · WI · 2026-03-26] $3,574,130 [p.79 · WI · 2026-03-26] $3,433,937 [p.79 · WI · 2026-03-26] $8,127,592 [p.79 · WI · 2026-03-26] $1,352,618 [p.79 · WI · 2026-03-26]
“These financial performance representations provide actual, historical "AUVs," or "Annual Unit Volumes," for specific groups of franchised Buffalo Wild Wings Sports Bars.” [p.78 · WI · 2026-03-26]