Wingstop vs WINGS ETC.
Side-by-side figures from each brand's latest FDD Item 20 as we extracted them; verdicts are our opinion under the published methodology, and the source filing and year are on each brand's profile. Green marks the more favorable metric (lower for distress), not a recommendation to buy.
Units · latest run
+34.3% (2023–2025)
Net unit change
+2.5% (2023–2025)
Strong
Exit quality
Weak
Strong
Transfer / churn
Strong
0.5× expected (32 of 386)
SBA losses vs same-year loans
0.7× expected (5 of 45)
—
Distress
—
$25,000
Franchise fee
$39,500
$310K–$1.0M
Investment range
$374K–$2.9M
6%
Royalty
5%
Disclosed
Earnings (Item 19)
Disclosed
Wingstop
WINGS ETC.
Before you sign anythingfree · 30 min · no commission

A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing the numbers, including talking you out of a bad deal.