How Much Does it Cost to Open a Wingstop Franchise?
The wing franchise doesn’t ask for an arm and a leg, but the costs are well documented.
Opening a Wingstop franchise can cost anywhere from $374,089 - 782,442, according to the brand’s franchising website. But more than simply handing over a pile of cash, Wingstop franchisees need to have a net worth of at least $1.2 million, $600,000 of which needs to be a liquid asset.
Here’s a breakdown of the costs from the brand itself:
Initial fees Development fee Franchise fee | $10,000 $20,000 |
Security deposits | $0 -10,000 |
Site survey fees | $2,500 |
Architect and engineering fees | $6,600 - 23,350 |
Permit expeditor fees | $1,200 - 2,500 |
Professional fees | $1,500 - 4,000 |
Leaseholder improvements | $142,669 - 422,062 |
Business operating permits | $3,000 - 5,500 |
Decor package | $7,500 - 10,925 |
Furniture, fixtures, audio/visual system, equipment and smallwares | $106,395 - 135,790 |
Point of sale register, hardware and software | $22,250 - 30,500 |
Signs | $8,500 - 36,315 |
Phone system | $1,725 - 2,000 |
Opening Inventory | $10,000 - 15,000 |
Opening Publicity and Promotions | $5,000 - 15,000 |
Additional funds 3 months | $25,000 - 35,000 |
Total | $374,089 - 782,442 |
On average, Wingstop stores brought in $1,246,250 in sales in 2019. The brand demands a six percent royalty fee and another six or so percent for advertising funds.
If Wingstop isn’t the perfect fit for your goals or budget, here are five other franchises we love that boast top-notch fried chicken or fried chicken sandwiches.
Atomic Wings*
- Startup costs: $170,400-$377,355
- Units: 10+
- 1851 Brand Newsroom
Checkers*
- Startup costs: $165,796-$1,306,345
- Units: 838
- 1851 Brand Newsroom
Buffalo Wings & Rings
- Startup costs: $1,280,000-$2,412,000
- Units: 80+
- 1851 Brand Newsroom
Layne’s Chicken Fingers*
- Startup costs: $769,000-$1,320,000
- Units: 6
Slim Chickens
- Startup costs: $842,000-$1,700,000
- Units: 100+
*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.