Wingstop: Profitable location — SALE PENDING
Ad ID : 1951609
Other Food and Restaurants / American Restaurants
- Asking Price:$699,000
- Annual Gross Revenue:$1,331,220
- Annual EBITDA/Cash Flow:$143,136
ONLY proven, multi-unit restaurant operators, are eligible for this acquisition. This is a RARE opportunity to purchase a PROVEN, PROFITABLE, and consistently performing Wingstop franchise, with excellent ongoing growth potential. Wingstop is one of the fastest-growing and industry-leading Fast-Casual franchise systems in the country. This is an established location, which is experiencing tremendous growth, with 47%+ year over year comp sales increases. The sale will consist of one open/operational store. SBA-approved franchise; financing is available with as little as 10% needed.
Wingstop is in the “flavor business” and has made it their mission to serve the world flavor since opening their first store in ’94. The first Wingstop franchise opened in 1997, and by 2002 this industry-leading brand had served over one billion wings to its loyal customers. Wingstop has now delivered 18 consecutive years of positive domestic same-store sales growth, up 8 percent year-over-year and 29.4 percent on a two-year basis. The brand operates over 1,731 locations worldwide and is just getting started! It is experiencing record growth with the opening of an all-time-high 193 net new franchised locations in 2021, and 12.5% ongoing unit development growth. The chain also finished 2021 with more than 1,100 new-store-opening commitments systemwide. In 2022, the brand expects mid-single-digit same-store sales growth and 200 net new restaurants, putting the brand on pace to eclipse 2,000 locations globally in 2023.
Interested in additional Information?
1) Download or open the Confidentiality Form located in the Attached Documents section below.
2) Complete the Confidentiality Form and return it to us via the email address listed on the bottom of the Confidentiality Form.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you specific data for this business opportunity.
Included In Asking Price: Furniture, Fixtures, Equipment.
Not Included In Asking Price: Inventory: $5,000
Year Established: 2018
Facilities: Great visibility and parking! This Wingstop is located on a high traffic / main retail corridor. It is situated amidst major Residential and Commercial development, and less than a minute from the NYS thruway. The store is within a mile of a new Regional Medical Center, Schools, major industrial parks, etc., providing customers throughout all dayparts. There is a fantastic lease in place, with multiple renewal options – occupancy costs are less than 4% of sales, contributing to higher profit margins.
Growth and Expansion: 1) Add’l Development opportunities for the right buyer in surrounding markets. 2) Year-over-year deflation in wing prices is anticipated for the second half of 2022, leading to reduced food costs and increased profitability! 3) Digital sales: System-wide, stores generated 61.6% of sales via digital channels. Wingstop’s Digital-focused ordering continues to increase toward the brand’s goal of digitizing 100% of transactions. 4) Huge growth potential with Delivery and Catering: Seller has launched 3rd party delivery (Uber Eats & Door Dash), and both On-line and 3rd party sales continue to grow. This will be upside for the Buyer.
About the Sale
Support and Training: 4 weeks of comprehensive training provided by the Franchisor, ensuring you are ready to own this successful Wingstop franchise.
Reason for Sale: Seller is retiring
Attached Documents:Confidentiality Form
Name: Jeff Percey
Phone: 804-357-3243 (Direct)
Email: [email protected]