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WING-STOP
Wingstop is a quick-service restaurant franchise that operates under the WING-STOP® brand, specializing in cooked-to-order, hand-sauced chicken wings, boneless wings, tenders, chicken sandwiches, seasoned fries, and beverages in various flavors. Franchisees follow a standardized business system with proprietary recipes, products, decor, and operating procedures, typically in 1,200-2,000 sq ft leased spaces in shopping centers emphasizing digital orders, takeout, and limited dine-in. The franchise targets customers of all ages and economic levels with no significant seasonal fluctuations.
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Franchise Costs
6% royalty + 5.5% ad fund + $25-$75/mo technology/intranet fees
Financial Performance
Item 19 Financial Performance
Data Based On: 2,116 franchised Wingstop Restaurants open for operation during the entire 2025 Measured Period
Extracted Item 19 Section
Avg. Revenue: $2,007,626
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Unlock financial performance dataHow WING-STOP Compares
Key Insights
- Top 10 largest franchise system in Fast Food
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
WING-STOP Current | $310K – $1.0M | $25K | 6.0% | 2,529 |
| MCDONALD'S | $1.5M – $2.6M | $45K | N/A | 12,772 |
| LITTLE CAESARS | $377K – $1.8M | $20K | 6.0% | 3,788 |
| AFC | $45K – $151K | $6K | 8.0% | 3,572 |
| KFC (NON-TRADITIONAL) | $1.2M – $4.2M | $45K | N/A | 3,404 |
| SONIC DRIVE-IN | $1.5M – $2.5M | $15K | 5.0% | 3,120 |
Fast Food Average 133 franchises | $595K – $1.6M | $35K | 6.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 133 Fast Food franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+33 more states
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for WING-STOP franchisees (2010 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
213 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
1,769 franchisee contacts on file from official FDD filings.
1,769 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
One case involved a dispute over termination of exclusivity and territory reduction, resulting in a significant damages award. The other case alleges encroachment, breach of contract, and other claims by a former franchisee.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a WING-STOP franchise ranges from $310,400 to $1,048,500. This includes a franchise fee of $25,000. Ongoing royalty fees are 6.0% of gross sales.
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