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Wingstop Announces Minority Investment in U.K. Franchisee


Wingstop
The U.K. saw its highest sales growth in 2020 and continued to open seven new locations despite successive national lockdowns.
Wingstop the award-winning wing concept with more than 1,500 locations worldwide, today announced a minority investment in the UK business, which is operated by its UK franchisee, Lemon Pepper Holdings Ltd. (LPH). This investment follows strong performance in the UK and underscores the brand s confidence in the market as a key growth lever for global expansion.
We are thrilled to partner with the Lemon Pepper team as they grow their brand presence in the UK, a market with tremendous long-term potential, says Wingstop CFO Michael Skipworth. We believe this strategic use of our capital will strengthen the development pipeline in that market and I am excited to join the Lemon Pepper Holdings Board of Directors and play a role in helping achieve the potential for the Wingstop brand in the UK. ....

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Wingstop makes minority investment in UK arm


Provided
May 25, 2021
Wingstop, which has more than 1,500 locations worldwide, has made a minority investment in its UK business, operated by Lemon Pepper Holdings Ltd. The investment follows a strong performance in the UK and underscores the brand s confidence in the market, Wingstop CFO Michael Skipworth said in a company press release.
We believe this strategic use of our capital will strengthen the development pipeline in that market, and I am excited to join the Lemon Pepper Holdings Board of Directors and play a role in helping achieve the potential for the Wingstop brand in the UK, he said.
Dallas-based Wingstop entered into a 100-restaurant agreement in 2017 with LPH founded by Saul Lewin, Tom Grogan, Herman Sahota and Paddy Bamford as the sole franchisee for the UK market. LPH opened Wingstop s first restaurant in the heart of central London, and its portfolio now has a mix of high-street, shopping mall and ghost kitchen locations. ....

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Wingstop opens restaurant in Reading's Oracle


Wingstop in Reading
Wingstop’s menu also features signature sides including seasoned fries and freshly-made ranch and bleu cheese dips.
The new split-level restaurant will have a seating capacity of over 70 covers.
The new site will initially generate a number of new jobs for local residents with the aim of creating more job opportunities as Covid restrictions ease.
The opening hours to the Broad Street entrance of the Oracle Centre were extended to accommodate the operations of Wingstop, and the restaurant will operate between Monday to Saturday 11.00am – 11.00pm and Sunday 11.00am – 10.30pm.
Wingstop in Reading ....

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Wingstop to open three new regional locations


Published on
Lemon Pepper Holdings, a master franchisee and brand partner of Wingstop, the award-winning concept with more than 1,500 locations worldwide, today announced that it has agreed a ‘trilogy’ deal with Hammerson to open three new regional locations at its flagship destinations Bullring (Birmingham), the Oracle (Reading), and Cabot Circus (Bristol).
Following the successful opening of their 10th UK location in Gloucester Road, South Kensington late last year, Wingstop UK are now set to open sites in the former EAT at Bullring, the former Chik-Fil-A at the Oracle, and the former Dorothy Perkins in Bristol’s Cabot Circus. Opening dates are expected to be announced shortly. ....

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