Zaxby's vs Black Bear Diners Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Zaxby's vs Black Bear Diners including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Zaxby's Franchise
Black Bear Diners Franchise
Investment $343,200 - $695,200$1,133,800 - $2,114,200
Franchise Fee $35,000$55,000
Royalty Fee 6%4.5%
Advertising Fee 2.87%-5%1%
Year Founded 19901995
Year Franchised 19942002
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Zaxby's Franchise
Black Bear Diners Franchise
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. -

Financing Options
 
Zaxby's Franchise
Black Bear Diners Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/Yes-/-

Training & Support
 
Zaxby's Franchise
Black Bear Diners Franchise
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. On-The-Job Training: 240 hours Additional Training: At certified training restaurants
Support -Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations -Number of Employees Required to Run: 65

Expansion Plans
 
Zaxby's Franchise
Black Bear Diners Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Zaxby's

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.

About Black Bear Diners

Black Bear Diner is proud of the training and support we provide to our franchisees. Through this we have earned the honor of being one of Franchise Business Review’s “Top 50 Franchisors” for two years. We have an experienced support team to make sure you and your staff are fully supported and well trained.

"Entrepreneur
#469 in Franchise 500 for 2020.