TL;DR
Wolfnights is expanding its footprint in New York City with a new location at 2675 Broadway in Manhattan, as part of a 10-year growth plan for corporate and franchise expansion. The expansion is driven by favorable market conditions, including low-cost conversions and unheard-of lease terms.
Wolfnights® just signed the lease for a new location at 2675 Broadway in Manhattan, readying to more than double its existing footprint and kick off a 10-year growth plan for corporate and franchise expansion.
“Wolfnights was considering a corporate expansion,” said Afek, “and that plan accelerated when I saw great deals being made and real estate available in the areas I wanted to expand into in New York City. It was the right time for me to rapidly grow Wolfnights.”
“As sad as COVID is, and it is very sad, a smart business owner can see the current benefits of a tenants’ market and get great deals,” said Dan Rowe, franchise industry veteran and CEO of Fransmart. “We’re seeing unheard-of terms on leases and low-cost conversions right now. If you had been considering franchising before COVID-19 hit, you should revisit that idea now with a hot concept like Wolfnights.”
Founded by Afek in 2011, Wolfnights creates the ideal bite®, ensuring that each bite contains salty, sweet, sour, crunchy and chewy, by using the highest quality ingredients to create consistent, one-of-a-kind flavor experiences for customers. Many of the concept’s signature menu items feature a blend of Mediterranean and Thai elements, from spicy pickled pineapple to housemade coconut vanilla sauce. Their fresh dough is baked to perfection for each order on the IronWolf®, a huge iron dome heated by a blazing fire, modeled after the traditional food preparation techniques used in the Mediterranean region.
In this story
This story was originally published in Franchising.com on February 16, 2021. Burnaze summarizes and links to the original reporting.
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