ScorecardWorth It?HistoryDatabaseCompareDistress Signals
QSRRevenue OnlyItem 19: ✓ DisclosedHigh Confidence · 100/100

Wingstop Franchise Cost and Profit

FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Wingstop.

Based on 2025 FDD · 6 filings in corpus

FranchiseIQ Score
65
B
Moderate-Low Risk
Composite score from 3 risk dimensions. Click for breakdown ↓
Health Score
B+
84/100
6/7 metrics · High confidence
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
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Cost and profit at a glance

How much does a Wingstop franchise cost and make?

Based on FDDIQ's FDD corpus, a Wingstop franchise shows an estimated initial investment of $298K – $1.0M. Reported owner economics show $30K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.

Startup Cost
$298K – $1.0M
Total initial investment
Profit / Revenue
$30K
FDD Item 19 signal
Payback Signal
21.7 years
Modeled return metric
SBA Default Rate
0.7%
Loan repayment history
Compare franchise costsEstimate franchise ROICheck SBA default ratesBrowse QSR franchisesCompare similar franchises

Quick fee read: $25K franchise fee · 11.5% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.

Free decision snapshot

Before you talk to Wingstop, check the numbers buyers usually miss.

The unlocked report ties this brand's FDD disclosures to SBA outcomes, Item 20 movement, fee load, missing-data labels, and buyer assumptions — so you can decide whether this is worth deeper diligence.

FDD disclosure qualitySBA default outcomesItem 20 unit movementFee/cost stressComparable brands
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Total Investment Range$298K$1.0M
MinMid: $656KMax

Key Metrics

Franchise Fee
$25K
Royalty Rate
6%
Ad Fund Rate
5.5%
Total Burden
11.5%
Royalty + ad fund
Units (2023)
199
Net Unit Growth
-
Year over year
Cash-on-Cash Return
4.6%
Annual estimated return
Payback Period
21.7 yrs
Break-even timeline
SBA Default Rate
0.7%
vs ~7.2% industry avg
Median Revenue
$2.0M
Item 19 disclosed
Red Flags Assessment
MEDIUM: Royalty burden above 10%
MED ×1
Premium Data

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Get cash-on-cash return, payback period, SBA default rate, and red flag details for Wingstop.

CoC ReturnPayback PeriodSBA Default RateMedian RevenueEbitda MarginRisk Score
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Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

Wingstop vs. QSR Average

MetricWingstopQSR Avg
SBA Default Rate0.7%9.4%
Cash-on-Cash Return4.6%14.2%
Total Investment$656K$380K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

SBA Loan Performance

Real lending data from SBA 7(a) loans (2013-2025). 171 loans across 26 states.

Default Rate
0.7%
Low Risk
Total SBA Loans
171
26 states
Total Loan Volume
$77.3M
SBA 7(a) approved
Avg Loan Size
$452K
Per franchisee
Loan Status Breakdown
123
Paid in Full (72%)
31
Currently Active
1
Charged Off (0.3% by $)
$222K
Total Charged Off ($)
Paid Active Charged Off

Source: SBA 7(a) loan data via FOIA. Default rate = charged-off loans / total originated. Industry avg default rate ~7.2%.

Compare

Wingstop vs Chick-fil-A, Inc.Wingstop vs Loving CupWingstop vs Donut King

Multi-Brand Operators · Who Runs This Brand

Sizzling Platter
View Hub
Bountiful, UT· 480+ locations
20 locations of this brand
Part of a multi-brand portfolio. See how operators structure holdings, financing, and growth →
Westar Capital
View Hub
Phoenix, AZ· 90+ locations
10 locations of this brand
Part of a multi-brand portfolio. See how operators structure holdings, financing, and growth →
Explore all multi-brand franchise operators →

Similar Franchises · QSR

Chick-fil-A, Inc.
Revenue Only
$427K$2.3M
Loving Cup
No Item 19
$166K$242K
Donut King
Limited Data
$211K$332K
Chick-fil-A, Inc.
$427K – $2.3M
Loving Cup
$166K – $242K
Donut King
$211K – $332K
Crust Gourmet Pizza Bar
$210K – $264K

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Questions to Ask Before You Sign

5 data-driven questions every Wingstop franchise buyer should ask.

  1. 1.What is Wingstop's SBA default rate compared to its competitors?Learn more →
  2. 2.Does Wingstop disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
Generate attorney questions for WingstopValidation call guide →
Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.

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