Wingstop Restaurants Inc.
#42 Franchise 500| Chicken wings

Wingstop Restaurants Inc.
Chicken wings

About
Founded

1994

Franchising Since

1998 (22 Years)

Corporate Address

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

Leadership

Charlie Morrison, Chairman & CEO

Ticker Symbol

WING

Financial Requirements
Initial Investment

$376,300 - $724,000

Net-worth Requirement

$1,200,000

Liquid Cash Requirement

$600,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

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:

154 hours

Classroom Training:

50 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

8 - 10

Wingstop Restaurants Inc. is ranked #42 in the Franchise 500!
Bio
In response to the increasing popularity of chicken wings, Antonio Swad founded Wingstop in 1994. In 1998, the privately owned company began franchising.
Cost
Initial Investment: Low - $376,300 High - $724,000
Units
+10.6%+133 UNITS (1 Year) +38.8%+387 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Asia, Middle East, Europe (Western)

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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: September 10th, 2020