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Below is an in-depth analysis and side-by-side comparison of Wingstop vs AllStar Wings & Ribs 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 | $772,500 - $1,093,286 |
Franchise Fee | $30,000 | $45,000 |
Royalty Fee | 6% | - |
Advertising Fee | 4% | - |
Year Founded | 1994 | 2003 |
Year Franchised | 1998 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | It helps to have specific knowledge of the industry. It is not necessary to be a foodservice professional to successfully operate the business. The "Extraordinary Training" function is specifically designed to educate and train franchisees that do not have significant experience. |
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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 | 8 weeks at Home Office. Initial Training covers the A to Z of running your restaurant. We supply The AllStar Operation Manuals, Employee Handbooks and Training Manuals. The application of the operating system is thoroughly covered during training. This includes: Staff recruitment and management Supply Chain Management and Inventory Control Food Preparation and Presentation Advertising and Marketing Financial and Business Administration All other topics relevant to running your Franchised Business. Training is ongoing for everyone in the AllStar System and is accomplished at regional meetings, by on-site visits to individual franchises, newsletters and on-going research and development of the System. |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Pre and Post Opening site support as well as on-going support. |
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) | We prefer owner/operators. We will consider an arrangement in which one shareholder is silent Your partner must be a working shareholder holding a minimum of 10% of the shares. |
Expansion Plans |
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US Expansion | - | - |
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.