Wingstop Restaurants Inc.
Chicken wings

Wingstop Restaurants Inc.
Chicken wings

About
Founded

1994

Franchising Since

1998 (21 Years)

Corporate Address

5501 LBJ Fwy., 5th Fl.
Dallas, TX 75240

CEO

Charlie Morrison

Ticker Symbol

WING

Financial Requirements
Initial Investment

$374,089 - $782,442

Net-worth Requirement

$1,200,000

Liquid Cash Requirement

$600,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $20,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

4%

Financing Options

Wingstop Restaurants Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

$15,000 off first-store franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

143 hours

Classroom Training:

28.5 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

8 - 10

Bio
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.
Cost
Initial Investment: Low - $374,089 High - $782,442
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Asia, Middle East, Mexico, South America, Western Europe
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 10th, 2019