Wingstop Signs International Deal for United Arab Emirates
AWGAL Investments and Wingstop complete 15-store agreement
Richardson, TX (RestaurantNews.com) Wingstop is spreading its wings into the United Arab Emirates thanks to an exclusive multi-unit deal with AWGAL Investments. The first Wingstop restaurants will open in mid-2014.
Under the leadership of Chairman Abdul-Wahab Galadari and President and CEO Zubair A. Razzaq, AWGAL Investments will open a minimum of 15 restaurants in the UAE over the next few years.
“AWGAL Investments is proud to launch Wingstop in the UAE,” said Mr. Razzaq. “Wingstop stands out as a superior investment thanks to its strong concept, great tasting product and experienced management team, which were all key factors in our selection of the brand.”
Wingstop already has international commitments for 190 locations in Russia, Mexico and Singapore. The 590-unit chain has 18 restaurants open in Mexico and an additional 5 international restaurants are scheduled to open this year.
“This development agreement marks our first expansion into the Middle East,” said Dave Vernon, Chief Development Officer for Wingstop. “AWGAL Investments is an ideal partner to introduce Wingstop in the UAE. We are excited about the continued strong interest in the Wingstop brand overseas and look forward to celebrating our first opening in 2014.”
More information on international development opportunities and franchising information is available at http://www.wingstopfranchise.com/international.aspx.
Founded in 1994 and headquartered in Richardson, Texas, Wingstop has more than 590 restaurants open across the United States and Mexico. The “Wing Experts” menu features classic and boneless wings with 10 intense flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, Hickory Smoked BBQ and Louisiana Rub. Wingstop’s wings are always cooked to order, sauced and hand-tossed and served with a variety of house-made sides including Wingstop’s award winning fresh-cut seasoned fries. Wingstop has experienced nine consecutive years of positive sales increases, was named a Top 10 Best Franchise Deal by QSR magazine, and has been voted ‘best wings’ in markets across the country. Wingstop is owned by affiliates of Roark Capital Group, an Atlanta-based private equity firm that specializes in business and consumer service companies with attractive growth prospects and revenues ranging from $20 million to $1.0 billion. For more information visit wingstop.com, wingstopfranchise.com or facebook.com/Wingstop.