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Below is an in-depth analysis and side-by-side comparison of Wingstop vs Wing Machine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $376,300 - $724,200 | $102,000 - $204,000 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 6% | - |
Advertising Fee | 4% | - |
Year Founded | 1994 | 1985 |
Year Franchised | 1998 | 1985 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 139 hours Classroom Training: 48 hours | - |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
Wingstop Franchising LLC is the franchisor. Wingstop restaurants offer
chicken wings in a variety of highly-seasoned flavors. They also offer
fresh-cut French fries, other foods, and beverages, including beer and
wine where legally permitted. A Wingstop franchise entitles the
franchisee to operate one restaurant at an approved location.
The "Wing Machineā is one of the fastest growing chain of fast food restaurants in Southern Ontario, specializing in chicken wings.
Other menu items include Chicken dinners, Ribs, Jerk Chicken, Pizza, Sandwiches, Chicken fingers, Fries, Vegetable Sticks, Salads and Soft Drinks.
The first location opened in downtown Toronto in 1987. The operation was designed for its simplicity of operation, with the wings and ribs sold by the pound.