Wingstop Franchise
The Wingstop franchise is a food based industry that has been taking chickens wings to an absolutely new level through saucing and tossing them in 9 distinct flavors. It is imperative to understand that this business is not a fast food based industry. The wings are prepared with greatest care and served while hot. The orders are made fresh and on order. No preparation of food and then letting it seat under the heat lamp waiting for clients. Besides this service offering hot fresh wings, clients enjoy homemade sides. Fresh Cut Seasoned fries are prepared at every restaurant using Idaho Potatoes. Customers that have tried any of the sides keep coming back for more.
The business was established in 2009 and since then the organization has been experiencing tremendous growth. The single franchised store requires about 3-8 people to be capable of serving clients the best. There are both single business units and multiple units available across the nation. The franchise is looking for clients that are determined to make a positive impact in the community to invest in this business.
The business concept was established in 1994 by Antonio Swad after he realized the increasing demand for buffalo-style chicken wings. The company began franchising in 1998 when demand for the brand continued becoming popular in the market. The company is still privately held and has 19 operational business units. The headquarters of the Wingstop Franchise are based in Garland, Southern United States.
Potential franchisees require holding at least $311,500 to $538,000. Initial franchise averages between $10,000 and $16,500. Royalty fee applicable on the business is 5%. The contract term offered expires after a decade. The franchisor offers no financial assistance on franchise fee, equipment, start up costs, payroll, inventory and accounts receivable to entrepreneurs. Nevertheless, there are third party sources available that can provide the required capital.
Wingstop franchise understands that success of the franchisees is also success to the organization as well. It is out of this reason that the organization offers support and training to their clients using a variety of methods such as grand opening, meetings, safety procedures, purchasing cooperatives and field evaluations.
Marketing assistance is also offered to the entrepreneurs to help them acquire a fair market share. Some of the methods used in the marketing of the business include ad slicks, co-op and regional advertising.
About 20% of Wingstop franchisees own more than a single business unit. Absentee ownership is allowed in this investment opportunity but 95% of all businesses are run by franchisers. You need to have general business experience to be franchised with this business.
The Wingstop franchise is a food based industry that has been taking chickens wings to an absolutely new level through saucing and tossing them in 9 distinct flavors. It is imperative to understand that this business is not a fast food based industry. The wings are prepared with greatest care and served while hot. The orders are made fresh and on order. No preparation of food and then letting it seat under the heat lamp waiting for clients. Besides this service offering hot fresh wings, clients enjoy homemade sides. Fresh Cut Seasoned fries are prepared at every restaurant using Idaho Potatoes. Customers that have tried any of the sides keep coming back for more.
The business was established in 2009 and since then the organization has been experiencing tremendous growth. The single franchised store requires about 3-8 people to be capable of serving clients the best. There are both single business units and multiple units available across the nation. The franchise is looking for clients that are determined to make a positive impact in the community to invest in this business.
The business concept was established in 1994 by Antonio Swad after he realized the increasing demand for buffalo-style chicken wings. The company began franchising in 1998 when demand for the brand continued becoming popular in the market. The company is still privately held and has 19 operational business units. The headquarters of the Wingstop Franchise are based in Garland, Southern United States.
Potential franchisees require holding at least $311,500 to $538,000. Initial franchise averages between $10,000 and $16,500. Royalty fee applicable on the business is 5%. The contract term offered expires after a decade. The franchisor offers no financial assistance on franchise fee, equipment, start up costs, payroll, inventory and accounts receivable to entrepreneurs. Nevertheless, there are third party sources available that can provide the required capital.
Wingstop franchise understands that success of the franchisees is also success to the organization as well. It is out of this reason that the organization offers support and training to their clients using a variety of methods such as grand opening, meetings, safety procedures, purchasing cooperatives and field evaluations.
Marketing assistance is also offered to the entrepreneurs to help them acquire a fair market share. Some of the methods used in the marketing of the business include ad slicks, co-op and regional advertising.
About 20% of Wingstop franchisees own more than a single business unit. Absentee ownership is allowed in this investment opportunity but 95% of all businesses are run by franchisers. You need to have general business experience to be franchised with this business.