Wingstop Lands Deal to Enter Singapore
Abaavo Group Private Limited signs 20 Store Agreement
April 03, 2013 // Franchising.com // RICHARDSON, Texas – Wingstop today announced a multi-store development agreement to open its first restaurants in Southeast Asia.
The agreement with Abaavo Group Private Limited will bring 20 Wingstop locations to Singapore.
“This agreement is a huge milestone for our international development,” said Dave Vernon, Chief Development Officer at Wingstop. “Singapore represents the first country Wingstop will enter in Southeast Asia and will serve as a model as we continue to expand overseas. Singapore is primed for a great chicken wing concept and the team behind Abaavo brings great knowledge of the area, and the operational experience to set us up for success.”
Internationally, Wingstop has 15 locations open in Mexico, and a master agreement for 120 stores to be opened in the next decade and recently signed a 50-store deal for its first locations in Russia.
For development opportunities, or franchising information, visit www.wingstopfranchise.com/international-development.aspx.
Founded in 1994 and headquartered in Richardson, Texas, Wingstop has more than 550 restaurants open across the United States and Mexico. The “Wing Experts” menu features classic and boneless wings with 10 intense flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, Hickory Smoked BBQ and Louisiana Rub. Wingstop’s wings are always cooked fresh, sauced and hand-tossed to order and served with a variety of house-made sides including Wingstop’s award winning fresh-cut seasoned fries. Wingstop has experienced nine consecutive years of positive sales increases, was named a Top 10 Best Franchise Deal by QSR magazine, and has been voted ‘best wings’ in markets across the country. Wingstop is owned by affiliates of 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, wingstopfranchise.com or facebook.com/Wingstop.