Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
7/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers
5 /10
Higher than 51% of peers

Franchise Summary

Description
The franchise is to operate a restaurant under the WING-STOP® trade name and business system that serves buffalo-style chicken wings and complementary side dishes and beverages.
Company Background
WING-STOP is a restaurant franchise that specializes in serving buffalo-style chicken wings and side dishes. The company provides an opportunity for business owners to operate a WING-STOP(R) restaurant under the WING-STOP(R) trade name and business system, which includes providing ingredients and materials necessary for operating the restaurant.
Franchise Opportunity
The franchisee will be able to operate a restaurant serving buffalo-style chicken wings and complementary side dishes and beverages. Franchisees can take advantage of the proven WING-STOP(R) business system, which has been developed by an experienced management team with more than 50 years of combined experience in the quick service restaurant industry. Our systems are designed so that you can focus on running your business while we handle everything from food preparation, marketing and advertising to employee hiring, training and payroll. We offer support at every level for our franchisees including access to our corporate staff 24 hours a day 7 days a week through email, phone or online chat.
Corporate Structure
Wingstop Restaurants Inc. is a Texas corporation with our home office at 5501 LBJ Freeway, 5th Floor, Dallas, Texas 75240. The first Wingstop Restaurant opened in July 1994. They began offering franchises for Wingstop Restaurants in May 1997.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$1,488,662 / unit

Franchise Type: Standard

Average Revenue During 2020

$1,488,662
$41,214
Industry Low
$2,500,000
Industry High

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Lower than the 8% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Franchise Disclosure Documents

FDD Effective Date

Distribution of Wing-Stop Franchisees

Wing-Stop Franchise System Development in 2021

FAQ

How much investment do I need to start my own Wing-Stop business?
Franchisees typically require at least $315,310 to $948,080 investment to get their Wing-Stop business started
What are the initial franchise fees for Wing-Stop?
Franchisees typically need to pay at least $30,000 in fees directly to Wing-Stop in order to earn the right to launch their business
How much money can I make with a Wing-Stop franchise? What are the average revenues for a typical Wing-Stop business?
We estimate that the average revenue of an individual Wing-Stop unit is approximately $1,488,662. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Wing-Stop unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $315,310 to $948,080 which is Much Lower than the $619,545 to $1,693,635 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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