#76
At a Glance
Products & Services: Chicken wings
Number of Locations: 555
Total Investment: $242.79K - 569.53K
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 |
| 2013 | 518 | 0 | 14 | 23 |
| 2012 | 480 | 0 | 12 | 24 |
| 2011 | 414 | 0 | 9 | 24 |
| 2010 | 428 | 0 | 2 | 23 |
| 2009 | 410 | 0 | 2 | 23 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Eastern Europe, Middle East, Mexico.
Startup Costs, Ongoing Fees and Financing
Total Investment: $242,787 - $569,528
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
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).| Financing Type | In-House | Third Party |
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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
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