Start-Up Costs and Fees |
||
| Zaxby's | I Dream of Falafel | |
| Investment | 343200 - 695200 | 337811 - 470302 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2.87%-5% | 3% |
| Year Founded | 1990 | 2009 |
| Year Franchised | 1994 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Zaxby's | I Dream of Falafel | |
| Experience | Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 " 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations. | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
Financing Options |
||
| Zaxby's | I Dream of Falafel | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Zaxby's | I Dream of Falafel | |
| Training | The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system. | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Support | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Zaxby's | I Dream of Falafel | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Illinois, Wisconsin |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Zaxby's | |
| I Dream of Falafel | |
| Franchise Fee | |
| Zaxby's | |
| I Dream of Falafel | |
| Royalty Fee | |
| Zaxby's | 6% |
| I Dream of Falafel | 5% |
| Advertising Fee | |
| Zaxby's | 2.87%-5% |
| I Dream of Falafel | 3% |
| Year Founded | |
| Zaxby's | 1990 |
| I Dream of Falafel | 2009 |
| Year Franchised | |
| Zaxby's | 1994 |
| I Dream of Falafel | 2011 |
| Term Of Agreement | |
| Zaxby's | |
| I Dream of Falafel | 10 years +5+5 |
| Renewal Fee | |
| Zaxby's | |
| I Dream of Falafel | |
Business Experience Requirements |
|
| Experience | |
| Zaxby's | Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 " 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations. |
| I Dream of Falafel | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
Financing Options |
|
| Franchise Fees | |
| Zaxby's | |
| I Dream of Falafel | |
| Start-up Costs | |
| Zaxby's | |
| I Dream of Falafel | |
| Equipment | |
| Zaxby's} | |
| I Dream of Falafel | |
| Inventory | |
| Zaxby's | |
| I Dream of Falafel | |
| Receivables | |
| Zaxby's | |
| I Dream of Falafel | |
| Payroll | |
| Zaxby's | |
| I Dream of Falafel | |
Training & Support |
|
| Training | |
| Zaxby's | The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system. |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Support | |
| Zaxby's | |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Marketing | |
| Zaxby's | |
| I Dream of Falafel | |
| Operations | |
| Zaxby's | |
| I Dream of Falafel | |
Expansion Plans |
|
| US Expansion | |
| Zaxby's | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| I Dream of Falafel | Illinois, Wisconsin |
| Canada Expansion | |
| Zaxby's | |
| I Dream of Falafel | |
| International Expansion | |
| Zaxby's | |
| I Dream of Falafel | |