How much do Wingstop franchise owners make?
Expected Profits of Wingstop for Owners Wingstop franchisees can anticipate a profit of $200,000 per store. Not all franchises have this great of a performance every year though.
Is owning a Wingstop profitable?
Wingstop franchise sales The fast-food chain grew 31.4% from 2015 to 2019, posting revenues of $53 million in 2019. Their profit for 2019 was also more than $20 million.
What is the franchise fee for Wingstop?
$10,000 $20,000
To qualify as a Wingstop franchisee, we require a minimum net worth of $1,200,000, of which $600,000 must be liquid….Investment.
| Category | Actual or Estimate Low | Actual or Estimate High |
|---|---|---|
| Initial Fees Development Fee Franchise Fee | $10,000 $20,000 | $10,000 $20,000 |
| Security Deposits | $0 | $10,000 |
How many Wingstop franchises does Rick Ross own?
25 Wingstop locations
Ross is currently the franchise owner of more than 25 Wingstop locations. He recently helped the company launch Thighstop, which was a way for the business to cope with the shortage of chicken wings.
Who is Wingstop owned by?
The chain is headquartered in Addison, Texas. In 2003, the chain was acquired by Gemini Investors, which sold it to Roark Capital Group in 2010. Wingstop went public in 2015….Wingstop.
| Type | Public |
|---|---|
| Founders | Antonio Swad Bernadette Fiaschetti |
| Headquarters | Addison, Texas, U.S. |
| Number of locations | 1,413 as of March 28, 2020 |
What rapper owns Wingstop?
Rick Ross
Of course, Rick Ross never supplies us with anything less than boss moves! And this time, the 45-year-old rapper has laced his son with the ultimate gift — his very own restaurant franchise. The rapper, who opened his first Wingstop franchise back in 2011 in Memphis, TN, revealed he purchased his son, William L.
What is the cheapest fast-food franchise to start?
Chick-fil-A is among the most successful fast-food chains in the U.S., and it’s also one of the cheapest to open.
Which franchise is best and cheapest?
12 best low-cost franchises for aspiring business owners
- Cruise Planners. Franchise fee: $10,995.
- Fit4Mom. Franchise fee: $5,495 to $10,495.
- Chem-Dry. Franchise fee: $23,500.
- Jazzercise. Franchise fee: $1,250.
- Stratus Building Solutions.
- SuperGlass Windshield Repair.
- Mosquito Squad.
- Pillar to Post Home Inspectors.