Rick Ross Won. Wingstop Shares Explode 61 Percent

[Hood Critic]

http://firstwefeast.com/eat/rick-ross-wingstop/
WHAT DOES THAT MEAN FOR RICK ROSS?
We don’t know for sure, but here are some estimated store averages that DJ Diallo, an owner of a Brooklyn Wingstop, gives Forbes in the publication’s profile of Ross:




Diallo says the average Wingstop does about $1.2 million in after-tax income per year. On margins of 15% or so, that leaves a little under $200,000 per franchise in annual profit.

Based on what we know about Wingstop franchises, Ross’ nine locations (assuming he hasn’t opened others since September 2014) pull in an estimated $10.8 million annually, with approximately $1.8 million in annual profits. Obviously, that’s not the figure that goes directly into Ricky’s pockets, even if he gives the impression he’s the ultimate Wingstop franchisee (“He says some locations he’s taken over have seen spikes of over 50% in monthly revenue,” according to the Forbes story).

Of course, given Ross’ influence and Wingstop’s clear willingness to leverage his name for publicity, it’s possible that he has a unique relationship with the brand. In the aforementioned Forbes article, author Zack O’Malley Greenburg notes that Ross saves money on marketing by using his own likeness to raise his restaurants’ profile and sales. However, we’d venture that this tit-for-tat is only the tip of the iceberg when it comes to the rapper’s atypical business terms, as the amount of schilling that Ross does seems disproportionate to what he probably takes in off his locations.

post an article from February and completely ignore the article from June brehs....

 

[OnlyInCalifornia]

post an article from February and completely ignore the article from June brehs....

 

[Hood Critic]

i know you guys get lost in the goal post moving but this isn't a money grab, it's an investment. no Ross isn't going to get a huge buyout check (ala Vitamin Water). instead he's going to get a 7 figure residual income yearly as long as the business remains profitable. on top of that, his deal with Wing Stop is a real estate and development deal along with the franchises, that means he OWNS the land that his Wingstops sit on...i'll let you guys spin that into something other than a W.

 

[director_of_bands]

ohhh shiitt.........................his debut single

"I feed 'em steroids to strengthen up all my chickens" - "Hustlin" http://www.azlyrics.com/lyrics/rickross/hustlin.html @ 2:15

Ross was feeding us steroided chicken wings from Day One, and bragging about it.....where the rappers that brag about free range chicken

Spoiler

 

[TRY GOD]

Buying 25 wing stops really does make Ross the biggest boss. Well, franchisee....Cause he surely isn't an owner or major shareholder.

 

[kingstl]

Great look for Ross

//
I wanna see yo gotti 's restaurant "prive" pop off next, hopefully he builds more chains

Have u ate there yet?
Are they good?
Reasonable?

 

[Zero]

Wing stop, bw3, and hooters both all serve the same okay size wingettes.
You not getting no turkey wing style chicken drummettes from either of them.
If you get fat that is on you.
I don't have no real diet and I am a bonafide chicken hawk.
So, hit the gym breh.


Art Barr

 

[TRY GOD]

i know you guys get lost in the goal post moving but this isn't a money grab, it's an investment. no Ross isn't going to get a huge buyout check (ala Vitamin Water). instead he's going to get a 7 figure residual income yearly as long as the business remains profitable. on top of that, his deal with Wing Stop is a real estate and development deal along with the franchises, that means he OWNS the land that his Wingstops sit on...i'll let you guys spin that into something other than a W.

NO THAT DOESN'T. He buys the right to manage the franchise(BOSS), WINGSTOP and or the land development company owns the land.

 

[kingstl]

from the CMO Flynn Dekker



http://firstwefeast.com/eat/wingstop-cmo-flynn-dekker-interview/

Now that's BOSS shyt!!!

 

[Cynic]

Kinda wish i bought 18k worth of stock (1000 shares) and then sold before closing to make a quick 12k profit. once i got 10k i dont care to loose im going to dabble in stock market

if you got in during the Pre-IPO stage you would have gotten the stock at $4-6

I don't even gamble with stocks unless its a pre-IPO

 

[newworldafro]

Buying 25 wing stops really does make Ross the biggest boss. Well, franchisee....Cause he surely isn't an owner or major shareholder.

How much average do yall guess he personally profits annually per restaurant? I would guesstimate at least 250K per restaurant?

 

[TRY GOD]

from the CMO Flynn Dekker



http://firstwefeast.com/eat/wingstop-cmo-flynn-dekker-interview/

SO ROSS ACTUALLY FRANCHISES 11 WINGSTOPS.....WITH THE RIGHTS TO OPEN 25 ACCORDING TO THAT ARTICLE

AND NOW, WHAT WE REALLY WANT TO KNOW: HOW DOES RICK ROSS FIT INTO THE EQUATION?
“A lot of people think that I report to Rick Ross and, in a way, I do. He’s an awesome partner for this brand and he is the number-one promoter in the world. He’s out there hustling everyday and he really gets the message out there. He’s been a great partner in this business. He’s got 11 restaurants and he’s got the rights to open 25-plus. He’s a great partner.”

 

[kingstl]

NO THAT DOESN'T. He buys the right to manage the franchise(BOSS), WINGSTOP and or the land development company owns the land.

Unless he bought some cheap land and built the store from the ground up. Land pretty cheap in Mississippi and Alabama, not to mention the grants you get for putting stores in slummed out areas

Buying 25 wing stops really does make Ross the biggest boss. Well, franchisee....Cause he surely isn't an owner or major shareholder.

And I'm sure you can personally attest to that??

I'm sure he has financial advisers who told him to buy into the stock. Who would buy 25 stores of a francise but NOT buy stock into the company. On the real they probably THREW him some stock for all his advertising but kept it from the public, so they dont have "ties" to a gangsta rapper

 

[RAW_SPK]

Its really telling how people are looking for any and every way to discredit this win for dude.

 

[TRY GOD]

Unless he bought some cheap land and built the store from the ground up. Land pretty cheap in Mississippi and Alabama, not to mention the grants you get for putting stores in slummed out areas





And I'm sure you can personally attest to that??

I'm sure he has financial advisers who told him to buy into the stock. Who would buy 25 stores of a francise but NOT buy stock into the company. On the real they probably THREW him some stock for all his advertising but kept it from the public, so they dont have "ties" to a gangsta rapper

Roark Capital Group is the major shareholder of wingstop, brehs.