Which Franchise Brings In More?

Wingstop vs Zaxby's

See which one brings in more, and what it costs to get there, read straight from the filings. Independent: no commissions, no franchisor revenue.

One opens for $2,762,000 less. The other brings in $839,719 more a year.
Wingstop lists an Item 7 opening range of $310,400 to $1,048,500, compared with $1,460,000 to $3,810,500 for Zaxby's. Wingstop reports an Item 19 average of $2,007,626 and median of $1,890,866; Zaxby's reports an average of $2,847,345 and median of $2,783,862, with Zaxby's higher on average by 42%. Wingstop has the larger Item 20 system, 2,586 units versus 1,005 for Zaxby's; Zaxby's has fewer Item 3 actions, 0 versus 2 for Wingstop. Both averages sit above their medians, so model the median for your own location. Independent analysis, no commissions, no franchisor revenue.
The Filing, Not the Pitch

One of These Numbers Decides Whether the Next Ten Years Work

MetricWingstopZaxby's
Cost to openFDD Item 7$310,400 to $1,048,500 Lower entry$1,460,000 to $3,810,500Item 7 TOTAL row (PDF p24) = $1,460,000 low / $3,810,500 high, ASSUMING franchisee leases the real estate and the landlord does NOT pay for leasehold improvements. If the landlord pays leasehold improvements, Building ($640,000-$1,300,000) and Sitework ($150,000-$990,000) can be removed. Existing brand JSON item7 values ($1,460,000 / $3,810,500) MATCH the source and are correct.
Total ongoing feesFDD Item 6Brand/ad fund: 5.5%.Variable fee model
Average unit revenueFDD Item 19$2,007,626$2,847,345 Higher
Median unit revenueFDD Item 19$1,890,866$2,783,862
System sizeFDD Item 202,586 Larger1,005
LitigationFDD Item 32 actions0 actions Fewer

Item 19 reports historical gross revenue, not profit. It does not include your labor, rent, debt service, or owner pay.

Where to Look Closer

Some Signals Are Real Strengths. Others Hinge on Your Deal

SignalWingstopZaxby's
Fee Structure(Item 6) Concern In Line
Unit Economics(Item 19) Strength Strength
Litigation History(Item 3) Deal-Specific In Line
Operator Validation(Item 20) Deal-Specific Strength
Term & Exit Terms(Item 17) Deal-Specific Deal-Specific
Now It's About Your Deal

The Numbers Don't Tell You Which One to Buy.
The Read Does

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The Filing Won't Tell You Which

An Investment, a Job, or a Lemon?

Which one you get comes down to the operator behind the brand, your market, and how you'd run it. Telling those apart takes someone who's read hundreds of them, before it's your money on the line.

Four months of research and more confused than when you started?

You've seen the filings and the numbers. What none of it tells you is whether this is a business that fits your money and your life. That is what fifteen minutes with a Zorzee-approved independent Franchise Consultant is for: whether this brand belongs on your shortlist, and what to validate before it does. Working with one costs you nothing and carries no obligation. Your franchise fee is the same whether you use one or not.

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A Zorzee-approved Franchise Consultant never charges you. A franchisor pays the consultant a commission only if and when you decide to invest in a franchise they introduced you to. The analysis on this page earned nothing the moment you read it, no matter what you do next. That firewall is structural, not a promise: Zorzee's editorial earns no commission from franchise placements.

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Don't Take Our Word for It

Every Number Names Its Source

Quick Answers

Questions Buyers Ask About Wingstop vs Zaxby's

Short, sourced answers to what buyers actually search.

Does Wingstop or Zaxby's cost more to open?

Wingstop costs less to open, $310,400 to $1,048,500 under Item 7, versus $1,460,000 to $3,810,500 for Zaxby's.

Which makes more money, Wingstop or Zaxby's?

Zaxby's reports higher revenue, an Item 19 average of $2,847,345 versus $2,007,626 for Wingstop. Item 19 is gross sales, not profit.

Which has more litigation, Wingstop or Zaxby's?

Wingstop discloses more, 2 Item 3 actions versus 0 for Zaxby's.

Which is bigger, Wingstop or Zaxby's?

Wingstop is larger, 2,586 Item 20 units versus 1,005 for Zaxby's.

Which is the better franchise, Wingstop or Zaxby's?

Zorzee doesn't rate franchises good or bad; it depends on your capital, your market, and how you'd run it. Wingstop has the lower entry cost, and Zaxby's reports the higher Item 19 average.

The Real Question

Ever Wondered Which One's Actually Better?