Franchise opportunities compared
The Honey Baked Ham Co. 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
The Honey Baked Ham Co.
$581,400 – $876,950
2025 FDD · Item 7 · PDF p. 19Wingstop
$310,400 – $1,048,500
2026 FDD · Item 7 · PDF p. 22Initial franchise fee · Item 5
The Honey Baked Ham Co.
$15,000
2025 FDD · Item 5 · PDF p. 12Wingstop
$25,000
2026 FDD · Item 5 · PDF p. 13Royalty · Item 6
The Honey Baked Ham Co.
6%
2025 FDD · Item 6 · PDF p. 12Wingstop
6%
2026 FDD · Item 6 · PDF p. 14Before you compare
- The Honey Baked Ham Co. figures come from its 2025 FDD and Wingstop figures from its 2026 FDD, so the years differ.
- Item 19 figures cover the location groups each FDD names (The Honey Baked Ham Co.: 32, Wingstop: 5). Different groups are not directly comparable.
Financial commitment
The Honey Baked Ham Co.
WingstopThe Honey Baked Ham Co.
Wingstop
The Honey Baked Ham Co.
Wingstop
The Honey Baked Ham Co.
Wingstop
The Honey Baked Ham Co.
Wingstop
System scale & health
The Honey Baked Ham Co.WingstopThe Honey Baked Ham Co.
Wingstop
The Honey Baked Ham Co.
Wingstop
The Honey Baked Ham Co.
Wingstop
The Honey Baked Ham Co.
Wingstop
The Honey Baked Ham Co.
Wingstop
Financial performance (Item 19), by location group
The Honey Baked Ham Co.WingstopItem 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.
The Honey Baked Ham Co. vs Wingstop: common questions
- Which costs less to open, The Honey Baked Ham Co. or Wingstop?
- The Honey Baked Ham Co.: $581,400 – $876,950 (2025 FDD · Item 7 · PDF p. 19); 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.
- How do The Honey Baked Ham Co. and Wingstop royalties compare?
- The Honey Baked Ham Co.: 6% (2025 FDD · Item 6 · PDF p. 12); Wingstop: 6% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, The Honey Baked Ham Co. or Wingstop?
- The Honey Baked Ham Co.: 439 (2025 FDD · Item 20 · PDF p. 48); 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 The Honey Baked Ham Co. and Wingstop disclose financial performance (Item 19)?
- The Honey Baked Ham Co. has reviewed Item 19 figures for 32 location groups; 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.
Keep researching
Full The Honey Baked Ham Co. report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Wingstop report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
