Wingman
1 locations
Wingman currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Wingman are Popular Bank, PNC Bank and Valley National Bank. PeerSense FPI health score: 21/100.
1
1 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Wingman financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
66.7%
2 of 3 loans charged off
SBA Loans
3
Total Volume
$0.4M
Active Lenders
2
States
2
Top SBA Lenders for Wingman
What is the Wingman franchise?
The question every serious franchise investor asks before committing capital is deceptively simple: is this the right brand at the right moment? For the Wingman franchise opportunity in the limited-service restaurant category, that question carries particular weight because the brand is operating at the earliest possible stage of franchise development, with just two total units in its network as of the most current data available. Wingman is headquartered in California and operates in the fast-casual and limited-service restaurant segment, a category that generated approximately $330 billion in U.S. systemwide sales in 2023 according to industry estimates, making it one of the largest and most competitive franchise categories in existence. The brand's website, wingmanfranchise.com, positions the concept as a chicken wing-focused limited-service concept, a segment that has experienced exceptional consumer demand growth over the past decade, fueled by the rise of sports viewing culture, the explosion of delivery-enabled food occasions, and the near-universal appeal of wing-format dining across demographic groups. At two total units, with one franchised location and the corporate infrastructure still being assembled, Wingman represents what franchise intelligence professionals classify as a ground-floor opportunity, the kind of investment that carries the highest potential reward but also the highest execution risk relative to more established systems. This analysis is produced independently by PeerSense and is not marketing copy generated by or on behalf of the franchisor. The goal is to give prospective investors the most complete, data-grounded picture of this franchise opportunity available anywhere, using verified research findings, category benchmarks, and franchise performance frameworks to separate signal from noise.
The limited-service restaurant industry, the category in which Wingman competes, is one of the most consequential franchise investment categories in the United States economy. The broader restaurant industry accounts for roughly $1 trillion in annual U.S. sales, and the limited-service segment, encompassing fast food, fast casual, and counter-service formats, represents approximately 55 to 60 percent of that total, or roughly $550 to $600 billion annually. The chicken wing sub-segment specifically has been one of the fastest-growing menu occasions in the country, with chicken becoming the most consumed protein in the U.S. as of 2023 and wing-specific concepts benefiting from that secular tailwind. Consumer demand for wing-format dining is driven by four reinforcing trends: the growth of sports entertainment consumption, the normalization of delivery and takeout as primary dining occasions rather than supplemental ones, the value perception associated with shareable formats, and the customization culture that has reshaped fast-casual expectations since roughly 2010. Ghost kitchen and virtual brand adoption in the wing space further expanded the addressable market by allowing wing concepts to operate with lower overhead than traditional brick-and-mortar restaurants. According to publicly available market research, the global chicken wing market was valued at approximately $3.5 billion in 2022 and is projected to grow at a compound annual growth rate of roughly 5 to 6 percent through 2030, driven primarily by North American consumption patterns. The limited-service restaurant franchise category attracts significant investor interest because of its relatively lower labor intensity compared to full-service dining, its strong delivery platform compatibility, and the scalability of standardized menu formats. The competitive landscape in this category is simultaneously fragmented at the emerging brand level and intensely consolidated at the top, meaning differentiated concepts with strong unit economics have genuine opportunity to capture loyal customer bases before the market fully consolidates around dominant players.
When evaluating any franchise investment, the cost structure is the starting point for rational analysis, and for the Wingman franchise, prospective investors should understand both what is currently disclosed and what remains unspecified at this early stage of the franchise program. The Wingman franchise currently does not publicly disclose its franchise fee, total investment range, royalty rate, or advertising fund contribution as part of the research data available through public sources. For context, the limited-service restaurant category produces some of the widest investment spreads of any franchise sector, ranging from approximately $100,000 for a simple counter-service kiosk format to well over $1,000,000 for a full build-out with drive-thru infrastructure, equipment packages, and leasehold improvements. The national average franchise fee for a limited-service restaurant concept sits in the range of $30,000 to $50,000 according to the International Franchise Association's benchmarking data, and royalty rates in the category typically range from 4 to 6 percent of gross sales, with advertising fund contributions adding an additional 1 to 3 percent. For an early-stage limited-service restaurant franchise like Wingman, total investment costs are often front-loaded in equipment, kitchen buildout, and initial inventory, with ongoing cost structures becoming clearer as the system matures and the Franchise Disclosure Document is refined across annual update cycles. Prospective investors considering the Wingman franchise investment should request the most current version of the Franchise Disclosure Document directly from the franchisor to obtain Item 7 investment disclosures, which will contain the legally mandated estimated initial investment table covering everything from real estate and construction to training expenses, opening inventory, and working capital reserves. The absence of publicly disclosed investment figures for Wingman at this stage is consistent with a brand in the very early phase of franchise system development, where standardization of build costs and fee structures is still being formalized based on initial location performance data.
Understanding the daily operational reality of a Wingman franchise is critical for evaluating whether the investment matches the skills, lifestyle expectations, and capital structure of a given investor. Limited-service restaurant operations in the wing and chicken segment are generally structured around counter-service or order-ahead models, with kitchen operations centered on fryers, sauces, and high-throughput assembly. Staffing in this format typically ranges from four to eight employees per shift depending on volume, with full-time equivalent staffing for a single unit often falling in the range of 15 to 25 total employees when accounting for part-time labor across all dayparts. The operational intensity of a limited-service restaurant franchise is meaningfully higher than service-based franchise categories, requiring the franchisee or a qualified general manager to maintain daily oversight of food safety protocols, labor scheduling, food cost management, and customer experience standards. Wingman's training program and support structure specifics have not been publicly detailed in available research data for the restaurant concept, which means prospective investors should specifically inquire about the duration of initial training, whether it is conducted at a corporate location or in the franchisee's own unit, the ratio of classroom instruction to hands-on kitchen experience, and what ongoing field support looks like in terms of frequency and format. Territory structure and exclusivity provisions are also critical negotiation points in any limited-service restaurant franchise agreement, because geographic protection directly determines the ceiling on same-brand competition and the value of the franchisee's local brand equity investment. For a brand with two total units currently, territory definitions may still be in the formative stage, presenting both an opportunity for favorable territory negotiations and a risk that the territorial framework has not yet been stress-tested by real-world growth dynamics.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for the Wingman franchise. This is a significant data gap for any prospective investor, and it deserves honest analysis rather than deflection. When a franchisor does not include financial performance representations in Item 19, the reasons can vary: the system may be too new to produce statistically meaningful performance data, the franchisor may be in the process of establishing baseline unit economics, or the legal and compliance team may have advised a conservative posture during the early growth phase. For Wingman, with only two total units including one franchised location, the system is almost certainly too early-stage to produce the kind of multi-unit, multi-year performance dataset that responsible Item 19 disclosure requires. That said, category benchmarks provide useful context for modeling potential unit economics. According to publicly available industry data, the average annual revenue for a limited-service chicken or wing concept ranges widely by format and market, with counter-service units in suburban markets typically generating between $600,000 and $1,200,000 in annual revenue, while urban high-traffic locations can exceed those figures significantly. Food cost in the wing segment has historically been volatile, with bone-in chicken wing prices fluctuating between $1.50 and $3.50 per pound over the past five years due to supply chain disruptions, avian flu impacts, and commodity market dynamics. Restaurant-level operating margins in the limited-service segment typically range from 12 to 18 percent after accounting for food cost, labor, occupancy, and royalties, translating to owner earnings of roughly $80,000 to $200,000 per unit annually at average revenue levels, though these figures depend heavily on local market conditions, operational efficiency, and the specific cost structure of the Wingman system. Investors should treat these industry benchmarks as framing context only and conduct unit-level financial modeling using the actual disclosed costs once the current FDD is reviewed in full.
Wingman's growth trajectory places it at the very beginning of its franchise development arc, with two total units representing the earliest verifiable data point in what could become a significantly larger system, or could plateau if unit-level economics do not support rapid franchisee recruitment. The brand currently has one franchised unit and zero company-owned units, a structure that indicates the franchisor has transitioned entirely to the franchise model for growth capital while retaining no corporate-owned proving grounds, which is a structural characteristic investors should weigh carefully when assessing the brand's operational knowledge base and its ability to support franchisees through real-world execution challenges. The PeerSense Franchise Performance Index score for Wingman is 21, which is classified as Limited, reflecting the early-stage nature of the system and the corresponding absence of the performance history, financial disclosures, and network scale that higher-scoring systems have accumulated over years of operation. For competitive context, the limited-service restaurant chicken segment has produced some of the fastest-growing franchise brands of the past decade, with the most successful concepts reaching 100-plus units within five to seven years of launching their franchise programs when unit economics were compelling and franchisee satisfaction was high. The Wingman franchise's competitive moat, at this stage, would need to be built on differentiated menu positioning, a distinctive customer experience, operational simplicity that enables franchisee success, and a supply chain model that insulates franchisees from the commodity volatility that has challenged other wing-focused concepts. Technology integration, specifically online ordering, third-party delivery platform optimization, and loyalty program infrastructure, represents a critical competitive investment for any limited-service restaurant concept entering the market in the current environment, where delivery-enabled sales represent a growing share of total revenue across the category.
The ideal candidate for a Wingman franchise investment is someone with a genuine appetite for the operational demands of food service, the financial capacity to sustain the working capital requirements of a startup unit through the ramp-up period, and the risk tolerance appropriate for an early-stage franchise system. Limited-service restaurant franchising rewards operators who are present in the business, engaged with their teams, and focused on building local brand awareness through community relationships and digital marketing, rather than passive investors expecting semi-absentee returns from day one. For a brand at Wingman's stage of development, the franchisee experience will inevitably be more collaborative and less systematized than with a mature franchise network, meaning early adopters should expect to contribute to the refinement of operating procedures, marketing playbooks, and customer experience standards alongside the franchisor. Geographic territories that perform best for limited-service chicken concepts generally include markets with high residential density, strong sports viewing culture, a mix of dine-in and delivery occasion demand, and competitive pricing dynamics that allow a differentiated concept to establish value perception against established national players. The timeline from franchise agreement signing to unit opening in limited-service restaurant franchising typically ranges from six to twelve months, depending on real estate identification, lease negotiation, permitting, construction or buildout, and training completion. Franchise agreement term lengths in the limited-service restaurant category commonly run ten years with renewal options, though Wingman's specific term structure is best confirmed directly through FDD review and legal counsel.
For the franchise investor doing serious due diligence on the Wingman franchise, the fundamental question is whether the combination of category tailwinds, concept differentiation, and franchisor execution capability justifies an early-stage investment with limited historical performance data. The chicken wing and limited-service restaurant category is genuinely large and growing, with consumer demand trends firmly in its favor, making the category itself an attractive place to invest. The risk calculus for Wingman specifically centers on the brand's ability to demonstrate compelling unit economics through its existing locations, translate that performance into a scalable franchisee support infrastructure, and attract a critical mass of franchisees whose success creates the network effect that drives system-wide value. Ground-floor franchise investments have historically produced some of the highest returns in the franchise sector for investors who selected the right brands at the right moment, but they require a higher threshold of independent verification precisely because the franchisor's own marketing materials cannot substitute for years of verified performance data. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Wingman against comparable limited-service restaurant concepts at similar stages of development, making it the most powerful independent research platform available for this analysis. Explore the complete Wingman franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
21/100
SBA Default Rate
66.7%
Active Lenders
2
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Wingman based on SBA lending data
SBA Default Rate
66.7%
2 of 3 loans charged off
SBA Loan Volume
3 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 1.5 loans per lender
Wingman — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2008
3 approvals — best year on record for Wingman.
Top SBA State
California
2 SBA-financed Wingman locations — the densest operator footprint.
Average Loan Size
$198K
Median $208K — use as a sizing anchor when modeling your own $Wingman unit.
Lender Concentration
100%
Concentrated
Share of Wingman approvals captured by the top 3 SBA lenders.
Wingman's SBA lending pipeline peaked in 2008 (3 approvals). Operator density is highest in California with 2 SBA-financed locations. Average funded ticket sits at $198K, with the median at $208K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Wingman — unit breakdown
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