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Updated RecentlyWingstop vs Dave's Hot Chicken Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wingstop vs Dave's Hot Chicken 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 | $419,800 - $2,386,500 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | 4% | - |
| Year Founded | 1994 | 2018 |
| Year Franchised | 1998 | 2018 |
| 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 | - |
Company Overviews
About Wingstop
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.
Veteran Incentives $15,000 off first-store franchise fee
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#42 in Franchise 500 for 2020.
#22 in Franchise 500 for 2021.
About Dave's Hot Chicken
!["Daves]("https://fddexchange.com/wp-content/uploads/2020/09/Daves-Hot-Chicken.jpg")
From its humble beginnings as a parking lot pop-up to a brick and mortar sensation with lines consistently around the block, Dave's can't keep up from its throngs of hot chicken fanatics.
Dave's Hot Chicken is currently seeking experienced multi-unit restaurant operators. Prime territories are available throughout the country.
The total investment necessary to begin operation of a Dave’s Hot
Chicken Restaurant (including non-traditional Restaurants) franchised
business is between $419,800 and $861,500. This includes $30,000 that
must be paid to the franchisor or its affiliate(s).
The total investment
necessary to begin operation of a Dave’s Hot Chicken Restaurant
franchised business that has a drive-thru and pickup window is between
$1,102,800 and $2,386,500. This includes $30,000 that must be paid to
the franchisor or its affiliate(s).
The total investment necessary to
begin operation of two Dave’s Hot Chicken Restaurants under an Area
Development franchised business is between $839,600 and $4,773,000. This
includes $60,000 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of ten
Dave’s Hot Chicken Restaurants under an Area Development franchised
business is between $4,198,000 and $23,865,000. This includes between
$300,000 and $335,000 that must be paid to the franchisor or its
affiliate(s).