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General

Industry

Food and Beverage

Category

Fast Casual Restaurant

Works with Franchise Brokers

No

Year of Founding

2018

Fees

Marketing Fee

5%

Royalty Fee

6%

Franchise Fee

$20,000-$20,000

Investment Range

$315K-$948K

Location units

Total U.S. Locations

1521

U.S. Franchised Units

1485

U.S. Corporate Units

36

Headquarters (City)

Addison

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2018

Issuance of FDD Data

05/17/2022

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$315K-$948K

Franchise Fee

$20,000-$20,000

What to know about Wingstop franchise?

The franchise is to operate a restaurant under the WING-STOP® trade name and business system that serves cooked-to-order, hand-sauced and tossed chicken wings, boneless wings, tenders, thighs, and fresh-cut, seasoned fries, and beverages.

Wingstop is based in Addison, TX. Scroll down to learn more!

How much does a Wingstop franchise cost?

Are you wondering how much is a Wingstop franchise? Before starting a Wingstop franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Wingstop franchise is $315,310 and can go all the way up to $948,080. Keep in mind, you should also allocate additional funds to live off of while the Wingstop business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Wingstop franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Wingstop business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Wingstop franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Wingstop. Hotels to the Fast Casual Restaurant, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 767 137 3 901
2017 901 115 10 1004
2018 1004 105 8 1095
2019 1095 114 9 1199
2020 1199 131 5 1320
2021 1320 170 2 1485

Additional Details

How much does a Wingstop franchise owner make?

Wingstop franchise earnings and revenue can vary significantly from one franchisee to another.
The Wingstop franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Wingstop discloses financials at the unit level. In other words, they show how much Wingstop franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Wingstop franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Wingstop. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Wingstop owners were making.

Visit the Wingstop metrics tab to explore the financials for this business.

What is the Wingstop franchise fee?

Owning a Wingstop franchise requires 6% royalty fee and 5% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Wingstop Franchise Disclosure Document

Keep in mind, there is also an initial Wingstop franchise fee of $20,000 that is included in the initial investment amount of $315,310 to $948,080. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Wingstop franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Wingstop franchise fee of $20,000.

Visit the Wingstop metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Wingstop founded?

Wingstop started offering franchises in 2018. Wingstop was founded 4 years ago in 2018.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Wingstop locations are in the U.S.?

As of 2022, there were 1485 locations across the U.S. There are also corporate locations. Most Food and Beverage franchises like Wingstop have more franchised locations than corporate locations.

How many Wingstop franchises opened over the past few years?

Over the prior 3 years we have data for, Wingstop has opened 415 outlets throughout the U.S. Visit the Wingstop metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Wingstop franchises closed over the past few years?

Over the prior 3 years we have data for, Wingstop has closed 16 outlets throughout the U.S

Visit the Wingstop metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is Wingstop growing? Are they opening more locations than they are closing?

The net unit growth rate for Wingstop over the past 3 years is 36%. Over the last year we have data for, Wingstop had a net unit growth rate of 13%.

Without a comparison, this number doesn’t mean much. Compare how the Wingstop growth rate compares to 2,000+ other franchises and Industry franchises like Wingstop. More info in the Wingstop metrics tab.

Is Wingstop franchise eligible for an SBA Loan?

Wingstop is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Wingstop franchise was assigned the SBA Franchise ID of S1937 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Wingstop that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Wingstop a franchise in the United States?

According to the SBA, Wingstop meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Wingstop provides you with an FDD if you are in discussion to buy a Wingstop.

What is the Wingstop Franchise for Sale Rate?

The Wingstop systemwide health and franchisee satisfaction can be measured by the Wingstopfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Wingstop franchise for sale rate over the past 3 years is 11%. Over the last year we have data for, Wingstop had a franchise for sale rate of 5%.

Without a comparison, this number doesn’t mean much. Compare how the Wingstop franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Wingstop. More info in the Wingstop metrics tab.

What is the Wingstop Franchise Failure Rate?

Wingstop franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Wingstop failure rate over the past 3 years is 1%. Over the last year we have data for, Wingstop had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Wingstop franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Wingstop. More info in the Wingstop metrics tab.

How can I find out more details on Wingstop franchise?

Visit the Wingstop metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Wingstop

$631,695

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Wingstop

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Wingstop

$20,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

Unlocked Vetted Member Access

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlocked Vetted Member Access

General

Industry

Food and Beverage

Category

Fast Casual Restaurant

Works with Franchise Brokers

No

Year of Founding

2018

Fees

Marketing Fee

5%

Royalty Fee

6%

Franchise Fee

$20,000-$20,000

Investment Range

$315K-$948K

Location units

Total U.S. Locations

1521

U.S. Franchised Units

1485

U.S. Corporate Units

36

Headquarters (City)

Addison

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2018

Issuance of FDD Data

05/17/2022

Detailed Franchise metrics for Wingstop

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Wingstop below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Wingstop

10%

36%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Wingstop

3%

11%

Industry median

All franchises median

Unlock Vetted Member Access

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Wingstop

1%

1%

Industry median

All franchises median

Unlock Vetted Member Access

Business details

Website

https://www.wingstop.com

Business email

a**************@wingstop.com

Mailing address

15505 Wright Brothers Dr.

State headquarters

Texas

Contact Name

Wingstop

Phone

+1 (000) 0********00

City

Addison

Zip code

75001
Name Email State City Zip Code

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