Franchise opportunities compared

    Nathan S Famous Systems vs Wingstop

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Nathan S Famous Systems

    $45,970 – $202,180

    2026 FDD · Item 7

    Wingstop

    $310,400 – $1,048,500

    2026 FDD · Item 7 · PDF p. 22

    Initial franchise fee · Item 5

    Nathan S Famous Systems

    Not available

    Wingstop

    $25,000

    2026 FDD · Item 5 · PDF p. 13

    Royalty · Item 6

    Nathan S Famous Systems

    Not available

    Wingstop

    6%

    2026 FDD · Item 6 · PDF p. 14

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Nathan S Famous Systems discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Wingstop has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Nathan S Famous Systems

    $45,970 – $202,180
    2026 FDD · Item 7

    Wingstop

    $310,400 – $1,048,500
    Total initial investment, excluding real estate
    2026 FDD · Item 7 · PDF p. 22
    Standard initial franchise fee (Item 5)

    Nathan S Famous Systems

    Not available
    No single standard fee identified

    Wingstop

    $25,000
    2026 FDD · Item 5 · PDF p. 13
    Royalty (Item 6)

    Nathan S Famous Systems

    Not available
    No reviewed royalty record

    Wingstop

    6%
    Royalty
    2026 FDD · Item 6 · PDF p. 14
    Brand / advertising fund (Item 6)

    Nathan S Famous Systems

    Not available
    No reviewed brand or advertising fund fee

    Wingstop

    $5,000
    Transfer marketing expenditure
    2026 FDD · Item 6 · PDF p. 19

    System scale & health

    Total outlets (Item 20)

    Nathan S Famous Systems

    80
    Outlets at end of 2026
    2026 FDD · Item 20 · PDF p. 35

    Wingstop

    2,586
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 67
    Net outlet change (Item 20)

    Nathan S Famous Systems

    +5
    Calculated: 75 at end of 2024 → 80 at end of 2026

    Wingstop

    +660
    Calculated: 1,926 at end of 2023 → 2,586 at end of 2025
    Outlet exits (Item 20)

    Nathan S Famous Systems

    Not available
    No complete exit records for a year

    Wingstop

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Nathan S Famous Systems

    Not available
    Not in reviewed records

    Wingstop

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Nathan S Famous Systems

    Not available
    Not in reviewed records

    Wingstop

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Nathan S Famous Systems

    Not disclosed — no Item 19 financial performance representation

    Wingstop
    Locations counted not stated in the reviewed record — All Wingstop Restaurants in the U.S. open entire 2025 Measured Period, franchis…
    55 restaurants
    other Systemwide WRI-owned count
    2026 FDD · Item 19 · PDF p. 65
    Locations counted not stated in the reviewed record — WRI-owned Wingstop Restaurants open entire 2025 Measured Period
    $4,038,428
    other WRI-owned highest annual net sales
    2026 FDD · Item 19 · PDF p. 66
    Locations counted not stated in the reviewed record — Franchised Wingstop Restaurants open entire 2025 Measured Period
    $1,890,866
    other Franchised median annual net sales
    2026 FDD · Item 19 · PDF p. 65
    +2 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Nathan S Famous Systems vs Wingstop: common questions

    Which costs less to open, Nathan S Famous Systems or Wingstop?
    Nathan S Famous Systems: $45,970 – $202,180 (2026 FDD · Item 7); Wingstop: $310,400 – $1,048,500 (2026 FDD · Item 7 · PDF p. 22). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Nathan S Famous Systems. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Nathan S Famous Systems or Wingstop?
    Nathan S Famous Systems: 80 (2026 FDD · Item 20 · PDF p. 35); Wingstop: 2,586 (2026 FDD · Item 20 · PDF p. 67). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Nathan S Famous Systems and Wingstop disclose financial performance (Item 19)?
    Nathan S Famous Systems makes no Item 19 financial performance representation; Wingstop has reviewed Item 19 figures for 5 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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