Franchise opportunities compared

    Paris Banh Mi 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.

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Only Wingstop has reviewed Item 19 figures here.
    DisclosureParis Banh MiWingstop
    Financial commitment
    Estimated initial investment (Item 7)
    $478,000 – $828,000
    TOTAL ESTIMATED INITIAL INVESTMENT — $478,000–$828,000
    2026 FDD · Item 7 · PDF p. 15
    $310,400 – $1,048,500
    Total initial investment, excluding real estate
    2026 FDD · Item 7 · PDF p. 22
    Standard initial franchise fee (Item 5)
    $60,000
    2026 FDD · Item 5 · PDF p. 11
    $25,000
    2026 FDD · Item 5 · PDF p. 13
    Royalty (Item 6)
    Not available
    No reviewed royalty record
    6%
    Royalty
    2026 FDD · Item 6 · PDF p. 14
    Brand / advertising fund (Item 6)
    Not available
    No reviewed brand or advertising fund fee
    $5,000
    Transfer marketing expenditure
    2026 FDD · Item 6 · PDF p. 19
    System scale & health
    Total outlets (Item 20)
    Not available
    No reviewed outlet counts
    5,172
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 67
    Net outlet change (Item 20)
    Not available
    Only one year reported
    +1,320
    Calculated: 3,852 at end of 2023 → 5,172 at end of 2025
    Outlet exits (Item 20)
    Not available
    No complete exit records for a year
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Franchisor founded (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Not disclosed — no Item 19 financial performance representation
    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.

    Paris Banh Mi vs Wingstop: common questions

    Which costs less to open, Paris Banh Mi or Wingstop?
    Paris Banh Mi: $478,000 – $828,000 (2026 FDD · Item 7 · PDF p. 15); 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 Wingstop. Estimates are not quotes, and the FDD years may differ.
    Do Paris Banh Mi and Wingstop disclose financial performance (Item 19)?
    Paris Banh Mi 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