Overview
- Grogan and his partners sold a majority stake in Wingstop UK in 2023 to a US-based private equity buyer for a reported £400 million ($532 million).
- He says life after the deal has felt empty, calling early retirement “boring” and noting that money “doesn’t necessarily fill that void.”
- The post-exit shift to managing capital feels slow and unfamiliar to him, as he learns about financial instruments while proceeding cautiously.
- Grogan and cofounders Herman Sahota and Saul Lewin have avoided big purchases, are still renting, and spent the first half of this year reflecting on next steps.
- He plans to return to work with his next project undecided but likely outside food and beverage, a sentiment that echoes other founders’ experiences such as Brian Chesky’s.