Next
70/500
Back

Wingstop Restaurants Inc.

2015 Franchise 500
#70
At a Glance

Products & Services: Chicken wings

Number of Locations: 664

Total Investment: $211.6K - $650.5K

Founded: 1994

Began Franchising: 1998

About Wingstop Restaurants Inc.

In response to the increasing popularity of buffalo-style chicken wings, Antonio Swad founded Wingstop in 1994. In 1998, the privately owned company began franchising.

Franchise Units

Year U.S. Canadian International Company Owned
2014 617 0 28 19
2013 536 0 18 24
2012 480 0 12 24
2011 414 0 9 24
2010 428 0 2 23
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $211,638 - $650,540
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $15,000 off first-store franchise fee
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $200,000
Operations
Number of employees needed to run franchised unit: 8 - 10. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee's location: 1 week & as needed.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #70 (2015), #77 (2014), #76 (2013), #92 (2012), #71 (2011), #104 (2010),
Fastest-Growing: #47 (2014), #32 (2013), #72 (2011), #41 (2010),
America's Top Global: #108 (2014), #76 (2013), #78 (2012), #61 (2011), #85 (2010),