Wingstop Restaurant Closes Certain Markets To New Franchisees

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Dallas-Antonio Swad, founder of Wingstop Restaurants Inc., announced today that the company is closing the Austin, San Antonio, Waco and Dallas/Fort Worth, Texas, markets to new franchisees. The Dallas-based chicken wing franchise has been growing at a rapid pace since it began offering franchises in 1998. Currently, there are 20 stores in operation and 17 more under development in Texas, Louisiana, Alabama, Georgia, Oklahoma and Missouri.

Swad explained, "We will continue to open restaurants in the Austin, San Antonio, Waco and Dallas/Fort Worth areas; however, they will be opened by our existing franchise owners." Swad developed a franchisee-friendly corporate philosophy that provides competitive protection to existing storeowners by not allowing other franchise owners to open Wingstop stores within a three-mile radius of an existing store.

Jim Deering, the company's vice president, said, "As long as current eligible franchisees continue to expand in the closed markets, we will keep them closed. We anticipate closing the Houston market in 18 months." -S. Bell Inc. Public Relations

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

It Started As a Joke and Turned Into a Startup That Raised $1 Million in Funding