Zaxby's Franchise

Restaurant

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Zaxby's Franchising, Inc., actively seeks highly qualified individuals be become licensees. Prior business experience, financial qualifications, motivation, team spirit and a track record of personal success are all important factors in our evaluation process. Prospective licensees must meet the following criteria to be considered: Collective net worth of at least $700,000, with liquid assets greater than $400,000 (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. The Zaxby's Mission Statement - Consistently Create Encore Experiences That Enrich Lives One Person At A Time - recognizes the value of all individuals. ZFI is committed to developing a diverse community of licensees and, in that regard, the Zaxby's franchise opportunity is open to all qualified applicants, regardless of age, gender, race or ethnicity. The total investment necessary to begin operation of a Zaxby s franchised business is $343,200 to $695,200. This includes $40,200 to $45,000 that must be paid to the franchisor or its affiliates. In addition, if you enter into a Multi-Restaurant Development Agreement to develop more than one Zaxby s restaurant, you must pay the franchisor a fee of $17,500 for each Zaxby s restaurant scheduled for development and subsequently must pay an additional $17,500 upon execution of the License Agreement for each Zaxby s restaurant, which amounts are credited towards the initial franchise fee for each restaurant.#148 in Franchise 500 for 2021. Not in Franchise 500 for 2020.

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Please Note: The operators of Zaxby's, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Zaxby's website.

How much does it cost to open a Zaxby's Franchise ?

The investment required to open a Zaxby's Franchise is between $343,200 - $695,200 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the Zaxby's name.

Individual Franchise Costs

  • Initial Investment:
    $343,200 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    2.87%-5%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A Yes

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.

Zaxby's Growth History

When did the first Zaxby's open? 1990
When did Zaxby's start Franchising ? 1994

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.

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



How much does a Zaxby's Franchise owner make?

How much money you could make as a Zaxby's Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Zaxby's Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$35,000 - $695,200
Initial Franchise Fee
$35,000
Royalty Fee
6%
Advertising Fee
2.87%-5%
Zaxby's Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Zaxby's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Zaxby's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.