Wingstop vs Charo Chicken Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wingstop vs Charo Chicken including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Wingstop Franchise
Charo Chicken Franchise
Investment $376,300 - $724,200$518,350 - $632,600
Franchise Fee $30,000$25,000
Royalty Fee 6%-
Advertising Fee 4%-
Year Founded 19941984
Year Franchised 19981997
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Wingstop Franchise
Charo Chicken Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Wingstop Franchise
    Charo Chicken Franchise
      In-House/3rd PartyIn-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
     
    Wingstop Franchise
    Charo Chicken Franchise
    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
     
    Wingstop Franchise
    Charo Chicken Franchise
    US Expansion --
    Canada Expansion No-
    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
    ""      "Entrepreneur

    #42 in Franchise 500 for 2020.
    #22 in Franchise 500 for 2021.






    About Charo Chicken

    Charo Chicken is a unique fast-casual restaurant chain serving high quality fire-grilled chicken and Mexican food. The brand combines a distinctive menu that includes premium, California-grown always fresh Foster Farms chicken. This unique combination of food items encourage customers to experience new meals and the items prepared at Charo Chicken satisfy the customer.