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Updated RecentlyWingstop Franchise
Chicken wings restaurant and takeout
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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How much does it cost to open a Wingstop Franchise?
The investment required to open a Wingstop Franchise is between $376,300-$724,200. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Wingstop name.
Individual Unit Costs
- Initial Investment:
$376,300-$724,200 - Initial Franchise Fee:
$30,000 - Royalty Fee:
6% - Advertising Fee:
4% - Term of Agreement:
10 years
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Wingstop opens first franchise in Panama, expands in Columbia
Wingstop Inc. has signed new deals to expand into Colombia and Panama, the company said Friday.
The Dallas-based chicken wing chain has signed an agreement with
Colowing S.A. de C.V to open 30 new franchised locations in the two
Latin American countries over the next five years.
The 914-unit c...
Wingstop Hires Performics and Starcom USA to Manage National Media Business
Wingstop (NASDAQ:WING), the honor winning wing idea with more than 900 areas around the world, has procured Publicis Media offices to deal with its US media task after a focused pitch. In this new task, Performics will lead all look and social for Wingstop in association with Starcom USA, which will...
Wingstop A Powerbroker: National Brands With Name Recognition, Profit Potential.
Back in 2011, Wingstop appeared on the Best Franchise Deals list with just over
450 units and AUV approaching $750,000.
Three years later, Wingstop continues to ride a wave of momentum few in the quick-service field can match. The chain concluded 2013 with a record number of store openings and A...
Wingstop Flies Into The Philippines With 50 New Locations
Wingstop Restaurants Inc. has taken another step in its international expansion plans, landing a franchise agreement that will plant 50 new restaurants in the Philippines.
The Dallas-based restaurant company signed a development agreement with franchise partner Wingstop Philippines Inc., which wi...
Franchise Vet Ends Retirement, Opens Wingstop Stores
Thanks to the dedication of veteran franchisee Donnie Reeves, Wingstop is officially landing in Utah next year.
As a former owner-operator of multiple Wingstop locations in El Paso, Texas, and current owner of two in the Dallas/Ft. Worth, Texas, area, Reeves recently decided to forgo retirement i...
Wingstop News & Press Releases
When did Wingstop start Franchising? 1998
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Third Party Financing Source(s): the SBA
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
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)
Business Experience:
Your income potential as a Wingstop Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Wingstop and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Wingstop franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Wingstop
Wingstop Restaurants Inc.
5501 LBJ Fwy., 5th Floor
Dallas,
TX
75240
