How much does the average Wingstop franchise make?
How much does the average Wingstop franchise make?
Average Sales / Revenue per Year Being a part of Wingstop, each franchise store can averages $1.25 million dollars in sales per year. The company boasts annual systemwide revenue of more than $53 million dollars. Revenue will vary depending on the location of the store.Nov 3, 2021
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.Sep 14, 2021
Is owning a Wingstop profitable?
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.Nov 3, 2021
How much should I invest in a franchise?
The average initial franchise investment is $250,000, excluding real estate, says the IFA, and average royalty fees paid by franchisees range from 3% to 6% of monthly gross sales. Fortunately, there are other franchise choices that cost a lot less to start and still offer you the chance to be your own boss.Sep 21, 2019
What is the most profitable fast-food franchise to own?
- Tim Hortons; Owned by Restaurant Brands International Inc. ...
- The Wendy's Company (NASDAQ: WEN) ...
- Jack in the Box Inc. ...
- Panera Bread Company (NASDAQ: PNRA) ...
- Papa John's International, Inc. ...
- Taco Bell; Owned by Yum! ...
- Dunkin' Donuts; Owned by Inspire Brands. ...
- Arby's; Owned by Inspire Brands.