About Wingstop Restaurants Inc.
Sure, we’re The Wing Experts, but it’s our flavor that defines us. You taste it in our 11 signature sauces, you see it through our bold TV commercials, and you feel it when you walk through our doors. It’s what we like to call a flavor experience, and since the opening of our first restaurant in 1994 in Garland, Texas, it’s been our mission to Serve the World Flavor.
Fast forward 26 years and we’ve done just that. With more than 1,500 locations globally, we’ve established ourselves as one of the fastest growing restaurant brands in the industry.
Our fresh wings and famous hand-cut fries satisfy your hunger in a way nothing else can, and we’d like to think our workplace is just as unique as our made-from-scratch ranch dressing. We’ve got the opportunity you’ve been craving whether you’re looking for something at our restaurant support center in Dallas, or in the field supporting our team members in-restaurant. For people who demand flavor in everything from their food to their career, Wingstop is the answer.
WE’VE GOT THE GOODS – Since we’re in the flavor business, we’re all about, you guessed it, flavor and business. Check out our credentials, these wings don’t lie.
PERENNIAL GUEST FAVORITE
ALWAYS A FAN FAVORITE
THE WING EXPERTS – All we do is wings, sides and fries. And we do it well.
NUMBERS DONT LIE – 16 consecutive years of positive domestic same-store sales growth. Over 1,500 locations worldwide.
GREAT FINANCIAL RETURNS
HIGH SALES PER SQUARE FOOT – Average unit volume of $1,246,250* with some of the highest sales per square foot in the industry.
EASY TO OPERATE, LOW LABOR COSTS
LOW INITIAL INVESTMENT – 80% off-premise business allows for small restaurant footprint of 1,350 to 1,800 square feet.
As a Wingstop franchisee, you become our brand partner and benefit from the purchasing power and marketing clout that only an established and expanding franchise can offer. The Wingstop Franchise Program offers two different opportunities in markets across the U.S.:
Single-unit operators must live in the market they seek to develop and have a minimum net worth of $250,000 of which $100,000 must be liquid capital.
Multi-unit developers must have liquidity totaling $100,000 per store and must have restaurant operations or development experience.
Support from proven professionals
As a Wingstop franchisee you and your general manager will participate in an intensive three-week orientation at the Wingstop corporate offices in Dallas. You will receive hands-on training and a simulation in which you run a store as if it were your own.
Charlie Morrison, Chairman & CEO
1998 (23 years)
Total Number of Units
1,436 (as of 2020)
Part-Time / Full-Time
Stock Ticker Symbol
How Much Does It Cost To Open A Wingstop Restaurants Inc. Franchise?
There are several costs associated with opening a Wingstop Restaurants Inc. franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Wingstop Restaurants Inc. franchise. The weekly fee for opening a Wingstop Restaurants Inc. franchise is not specified.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Wingstop Restaurants Inc. Is Renewable) and does the franchise offer financing support (Wingstop Restaurants Inc. Wingstop Restaurants Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).
Wingstop Restaurants Inc. Company Details
Here are some additional details about Wingstop Restaurants Inc..
|Net Worth Requirement||$1,200,000|
|Veteran Incentives||$15,000 off first-store franchise fee|
|Term of Agreement||10 years|
|Run from Home||No|
Training and Support Offered By Wingstop Restaurants Inc.
Wingstop Restaurants Inc. offers several support options to its franchisees. With 1,436 (as of 2020) units, Wingstop Restaurants Inc. aims to provide support to each franchise owner to help them operate a successful franchise location. Wingstop Restaurants Inc. offers 154 hours on the job training, 50 hours classroom training, and No additional training.
Training and Support Offered
Here are the support options offered by Wingstop Restaurants Inc..
|On-The-Job Training||154 hours|
|Classroom Training||50 hours|
|Estimated Revenue||$100M to $500M|
Is Wingstop Restaurants Inc. Right For You?
Wingstop Restaurants Inc. has gone digital! Here are all of the ways you can find Wingstop Restaurants Inc. online. Oftentimes, you can reach out to current franchisees of Wingstop Restaurants Inc. online. Current franchisees may be able to offer personalized insights into what it is like owning a Wingstop Restaurants Inc. franchise and offer tips to running a successful Wingstop Restaurants Inc. franchise location.
Why Should You Start a Wingstop Restaurants Inc. Franchise?
Investing in a Restaurant franchise such as Wingstop Restaurants Inc. can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Wingstop Restaurants Inc. franchise and we'll be in touch soon!