FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Wings Over.
Based on 2024 FDD · 3 filings in corpus
Cost and profit at a glance
Based on FDDIQ's FDD corpus, a Wings Over franchise shows an estimated initial investment of $198K – $702K. Reported owner economics show $79K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.
Quick fee read: $30K franchise fee · 6% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.
Wings Over requires a total initial investment of $198K to $702K (midpoint approximately $450K), with an initial franchise fee of $30K. The ongoing fee burden is 6% (5% royalty plus 1% advertising fund). This is below the industry average of approximately 14.2%, leaving more margin for the operator.
According to Item 19 of the 2024 FDD, the median revenue for Wings Over locations is $1.1M. The implied franchisee EBITDA is approximately $79K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 17.7% with a payback period of approximately 5.7 years.
Wings Over operates approximately 27 franchised units. Unit count is relatively stable with a 0.0% year-over-year change. The SBA 7(a) loan default rate of 0.0% is well below the industry average of approximately 9.4%, indicating strong franchisee financial outcomes.
Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.
Analysis based on 2024 FDD filing. FDDIQ Editorial Team · Methodology
Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.
Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.
Real lending data from SBA 7(a) loans (2014-2023). 8 loans across 4 states.
Source: SBA 7(a) loan data via FOIA. Default rate = charged-off loans / total originated. Industry avg default rate ~7.2%.
Wingstop franchise costs $298,200-$1.0M to open with a $25,000 franchise fee. 6% royalties.
Weight-loss drugs are changing consumer behavior. Franchise buyers should think beyond restaurant...
Compare every franchise financing option - SBA 7(a) loans, SBA 504 loans, ROBS (401k rollovers), ...
Analysis of 57,000+ SBA franchise loans reveals an 8.0% overall default rate. See the safest and ...
FDD Item 7 breaks down every cost category required to open a franchise - from the franchise fee ...
5 data-driven questions every Wings Over franchise buyer should ask.