Wingstop Ranked Among Top 10 Best Franchise Deals
QSR Magazine lists Wingstop as one of the industry's best; Company on track to set franchise sales record
June 02, 2011 // Franchising.com // RICHARDSON, Texas – Wingstop, the rapidly expanding wing chain with more than seven consecutive years of same store sales increases, has been named one of the 10 best franchise deals in the nation, according to QSR magazine.
Wingstop was listed among nine other brands as a best franchise deal in the June issue of QSR. Since the company was founded in 1994 and began franchising in 1997, Wingstop has grown to more than 480 open locations in 32 states and Mexico. Today, 95 percent of the system is franchise owned and operated.
"It's a huge honor to be included as one of QSR's 10 Best Franchise Deals," said David Vernon, vice president of franchise sales. "Wingstop is quickly becoming one of the most well-known names in the industry and we look forward to opening new restaurants and serving wing fans across the country."
In addition to the QSR listing, Wingstop is on track to set a company record for franchise sales. Since December Wingstop has closed franchise agreements with new and existing Brand Partners to result in 71 new stores, including its first locations in Seattle, Milwaukee and Brooklyn and additional locations in San Diego, Atlanta and Los Angeles.
With a sole focus on cooked-to-order chicken, the Wingstop menu features traditional and boneless wings, strips and the chain's newest offering – Glider sandwiches – all sauced and tossed in nine original flavors including Lemon Pepper and Garlic Parmesan. Homemade side dishes include fresh-cut fries with proprietary seasoning, Bourbon baked beans and potato salad.
Founded in 1994 and headquartered in Richardson, Texas, Wingstop has 480 restaurants open across the United States and Mexico. With a sole focus on chicken wings, the Wingstop menu features nine wing flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, and Hickory Smoked BBQ. Wings are made fresh, cooked-to-order and customers can also choose from homemade side dishes including Wingstop's award winning fresh-cut seasoned fries. Wingstop has experienced more than seven consecutive years of positive sales increases, received multiple American Business Awards, was crowned Wing King at the National Buffalo Wing Festival and has been voted 'best wings' in markets across the country. Troy Aikman, three-time Super Bowl champion and Hall of Fame quarterback, has served as the chain's national spokesman since 2003 and recently joined the Wingstop Board of Directors. Wingstop was acquired in 2010 by Roark Capital Group, an Atlanta-based private equity firm that specializes in business and consumer service companies with attractive growth prospects and revenues ranging from $20 million to $1.0 billion. For more information visit wingstop.com or wingstopfranchise.com.