Quick Verdict · who it fits
Wings Etc fits owner-operators looking for a mid-scale food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$374K - $2.9M
Franchise fee (Item 5)
$40K
Royalty (Item 6)
5% + 1–2% ad
Item 19 median rev
$1.41M all franchised units
System size (Item 20)
56 +3
Liquid capital
$45K
Agreement term
11 yrs
Years in business
22+ yrs
Training (Item 11)
42 days
Company-owned units
26
Item 3 litigation
None disclosed
Model Wings Etc's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
•No exclusive territory✓Semi-absentee eligible✓No bankruptcy disclosed✓No Item 3 litigation
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Where units actually land — not just the headline average.
P25
$1M
Median
$1.41M
P75
$2.19M
▪ n = 53 units · all franchised units · fiscal year 2025 · Source: 2026 FDD Item 19
Drag to your projected annual sales. Royalty 5% + ad fund 1–2% on gross sales.
PROJECTED ANNUAL SALES$1,410,000
$100k$2.6M
Royalty (5%)
—
Ad fund (1–2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
82
Total units open
3 franchised, 0 company-owned
Units opened last year
1 franchised
Units closed last year
2
Net unit growth
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Wings Etc ranks against 788 Food & Beverage peers we've analyzed.
Initial investment
53rd pct · of 788 peers
Franchise fee
55th pct · of 788 peers
System size
64th pct · of 788 peers
Food & Beverage industry averages
Avg investment
$583K - $1.4M
Avg franchise fee
$37K
Avg system size
244
Franchises analyzed
788
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Wings Etc | Disclosed | $40K | $374K - $2.9M | 5% | 56 |
| Huey Magoo's RestaurantsSimilar price | None | $35K | $811K - $2.9M | 5% | 85 |
| Doctor's AssociatesBiggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
Not sure Wings Etc is the one?
Answer five questions and get matched against 2,000+ analyzed FDDs — including every Food & Beverage brand we cover. Free, no account needed.
Free explainers to go deeper before you sign.
Brand Analysis
Chipotle reported 4,186 company-operated restaurants and 15 international licensed restaurants as of June 30, 2026. None are franchised, there is no FDD, and there is nothing to apply for. Qdoba is the franchised version of the same order line, and its 12/25 FDD puts a traditional restaurant at $548,100 to $1,294,000.
Brand Analysis
Cracker Barrel Old Country Store, Inc. reported 656 company-operated stores in 43 states as of January 30, 2026, and the brand has never sold a franchise. Huddle House and Another Broken Egg cover the same daypart with filed FDDs, at $555,375 to $1,715,275 and $792,500 to $1,804,000.
Brand Analysis
The Häagen-Dazs Shoppe Company franchises the ice cream shops on a $30,000 fee and a 4% royalty, with a 2026 Item 7 range of $213,329 to $591,579. The trademark belongs to a different company, and the ice cream you are required to buy comes from a third.
Wings Etc requires a $39,500 initial franchise fee and a total initial investment range of $373,650–$2,890,100, per the most recent FDD on file.
Wings Etc franchises are sold by WINGS ETC INC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.
Yes. Wings Etc discloses Item 19 financial performance representations with reported revenue around $1,407,493. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 5% of Gross Sales and an advertising fund contribution of 1.0% to 2.0% on gross sales as defined in Item 6 of the FDD.
Per the FDD, Wings Etc typically expects $45,000 in liquid capital. Actual approval thresholds may vary by territory and program.
As of their 2026 FDD, Wings Etc has 56 total locations, with 3 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Yes. Wings Etc's most recent FDD documents approximately 42 days of initial training, typically split between classroom and on-site components. See Item 11 of the FDD for the full training and support schedule.
No. Wings Etc does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Wings Etc discloses an initial agreement term of 11 years. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt