Wingstop Restaurants Inc.

Founded: 1994 Franchising since: 1998
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. It has more than 19 stores in operation, with several others in development throughout the southern United States. Wingstop is based in Garland, Texas.

1101 E. Arapaho Rd., #150 Richardson, Texas 75081

Phone: (972)686-6500

Franchisor is a privately-held company with 40 employee(s); 5 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	399	0	0	23
2008	341	0	0	18
2007	299	0	0	9
2006	263	0	0	7
2005	225	0	0	6

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Mexico

Exclusive territories available.
Territory size: 2-mile radius

Total investment: $311.5K-538K Franchise fee: $25K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $150K
Business Experience:

• General business experience

Operations

• Number of employees needed to run franchised unit: 8 - 10
• Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Training

• Available at headquarters: 3 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 500® rank:
#97 (2009); #125 (2008); #137 (2007); #332 (2006); #89 (2005);

Ranked #1 in category in:
2005;

Fastest-Growing Franchises:
#73 (2009); #83 (2006); #61 (2005);

America's Top Global Franchises:
#107 (2008); #106 (2007);