Native Grill & Wings Signs Private Investment Deal
Native Grill & Wings, an award winning Arizona-based restaurant chain known for its 20 wing flavors that guests can order by the individual wing, has announced its new majority ownership after a private investment deal was signed, leading the way for increased national expansion.
The deal was led by current Native Grill & Wings CEO Dan Chaon, together with Brad Williams, one of the largest Freddy’s Frozen Custards and Steakburgers franchisees in the nation and a small group of various real estate and franchise experts. The group will operate under the name Wingtime LLC.
“This is a major step for Native Grill & Wings becoming the next national powerhouse when it comes to full-service restaurants and chicken wings,” said Chaon.
Williams, who formerly practiced law, secured the rights to 60 Freddy’s Frozen Custards and Steakburgers four years ago and has been involved in numerous other business and real estate transactions. “As soon as I had my first experience at Native Grill & Wings, I knew the family-oriented business was something I was interested in,” said Williams.
The original family members will remain owners of a small legacy percentage in the company.