Wingstop

The Wingstop franchise is a special aviation-themed restaurant that offers customers chicken wings with various flavors served with dips, salads, and drinks. Wingstop locations are decorated following a 1930s and 1940s pre-jet aviation theme. The restaurant chain was founded in 1994 in Garland, Texas, and began offering franchises in 1997. We're not in the wing business. We're in the flavor business. It's been our mission to serve the world flavor since we first opened shop in '94, and we're just getting started.1997 saw the opening of our first franchised Wingstop location, and by 2002 we had served the world one billion wings. It's flavor that defines us and has made Wingstop one of the fastest growing brands in the restaurant industry. Wingstop is the destination when you crave fresh never faked wings, hand-cut seasoned fries and any of our famous sides. For people who demand flavor in everything they do, there's only Wingstop - because it's more than a meal, it's a flavor experience.

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Wingstop Franchise Cost and Requirements for 2022

Background

According to Wingstop, franchises have high sales per square foot relative to the rest of the industry, with an average store doing about $1.25 million in annual sales. Plus, Wingstop is on the upswing in terms of chain restaurants. The fast-food chain grew 31.4% from 2015 to 2019, posting revenues of $53 million in 2019. Their profit for 2019 was also more than $20 million. Part of this growth is due to the company strengthening online sales, which rose 39% last year. As more consumers opt for online ordering, this is especially important to keep in mind—clearly, Wingstop already has an established online ordering system in place, which means your sales won’t suffer as you try to establish one yourself.
This fast-food franchise has grown quite a bit over the last three years—they have increased their number of stores by more than 38% from 2016 to 2019.This growth isn’t just reflected in established markets, either. In fact, there are several different markets available for expansion, so you have several options for where to open your Wingstop franchise. Odds are there’s a market close to you that Wingstop is looking to expand into, which provides an opportunity for new, would-be franchisees to set up shop. When exploring Wingstop franchises, keep in mind that you can only choose a multi-store development with a minimum of three units. They also require previous multi-unit restaurant management and development experience, with a strong preference for past franchise ownership. Additionally, franchise agreements with Wingstop last for a term of at least 10 years. Take a look into franchising with Wingstop. 

Company Details

Founded: 1994
First Franchise: 1998
# of Units: 1,624

Support and Training Offered By Wingstop

In terms of training, the franchise offers francisees On-The-Job Training that lasts for 139 hours, as well as classroom Training for 48 hours.

2022 Franchise Requirements Needed to Own a Wingstop Franchise.

What does a Wingstop Franchise Cost?

Wingstop franchise fees for 2022:

Initial investments: $346,775 - $733,249
Net-worth Requirement: $1,200,000
Liquid Cash Requirement: $600,000
Initial Franchise Fee: $20,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee 4%
Veteran Incentives: $15,000 off first-store franchise fee

Is Wingstop a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Wingstop is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Wingstop a Home Based franchise?

No. Wingstop is not a home based franchise opportunity.

What Do Wingstop Franchise Owners Make?

Click here to find out how much Wingstop franchisees make. Wingstop offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Wingstop a Master Franchise Opportunity?

Yes. Wingstop is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Wingstop Offer a Veteran Discount?

Yes. Wingstop franchise does offer a veteran discount.

Is Wingstop Looking for Franchisees in Canada?

Yes. Wingstop franchise is looking for Canada franchisees.

Is Wingstop Looking for International franchisees?

Yes. Wingstop franchise is looking for International franchisees.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

Wingstop Franchises for Sale

Click Here to inquire about existing Wingstop franchises for sale. We may have Wingstop franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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