Franchises · 2026 FDD · Wisconsin DFI filing 641151
Wingstop franchise cost, unit revenue and closures
Opening a Wingstop cost $310,400 to $1,048,500 in the 2026 FDD; the median unit sold $1,890,866 in the franchisor's 2024-12-29 to 2025-12-27 figures; 0.3% of franchised units closed over three years.
Franchisor: Wingstop Franchising LLC. FDD issued 2026-04-21. Fiscal year end 2025-12-27. Figures re-found on the cited page 2026-11-03.
What a unit costs to open
excludes real estate purchase and lease costs (rent is note 5, not in the total).
Largest line: Leasehold Improvements, $103,000 to $581,000 (Item 7, p. 14).
What a unit pays the franchisor
| Initial franchise fee | $25,000 | Item 5, p. 6 |
|---|---|---|
| Royalty | 6% of Gross Sales, weekly | Item 6, p. 7 |
| Advertising fund | 5.5% of Gross Sales currently; adjustable between 5% and 5.5% | Item 6, p. 7 |
What a unit sells
Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.
| Measure | annual net sales (gross receipts net of sales tax, coupons/promotions, voids) | |
|---|---|---|
| Sample | 2,116 units: franchised restaurants open for the entire 52-week period (the FDD also gives all-system and affiliate-owned figures; the franchised set is the one recorded) | |
| Period | 2024-12-29 to 2025-12-27 | |
| High / low | $5,042,476 / $584,584 | |
| Excluded | 384 franchised opened during the period; 10 temporarily closed for remodel; 4 permanently closed (plus 3 and 1 WRI-owned) | |
Revenue to investment
Formula: Item 19 franchised median net sales / Item 7 total (midpoint, low, high). A ratio of 1.00 means one year of median unit revenue equals the investment; it says nothing about profit.
How many units open and close
| Franchised units | 2023 | 2024 | 2025 |
|---|---|---|---|
| Start of year | 1,678 | 1,877 | 2,154 |
| Opened | 203 | 281 | 384 |
| Terminated | 0 | 0 | 0 |
| Not renewed | 0 | 0 | 0 |
| Reacquired by franchisor | 3 | 4 | 5 |
| Ceased, other reasons | 1 | 0 | 4 |
| End of year | 1,877 | 2,154 | 2,529 |
| Company-owned, end of year | 49 | 50 | 57 |
Item 20, Table 1 p. 60; Table 3 totals p. 70.
Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.
Source and method
Every figure above comes from the Wingstop Franchise Disclosure Document issued 2026-04-21, as filed with the Wisconsin Department of Financial Institutions (filing 641151, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.
Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.