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Updated RecentlyZaxby's Franchise
Restaurant
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.
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.
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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 Unit Costs
- Initial Investment:
$343,200-$695,200 - Initial Franchise Fee:
$35,000 - Royalty Fee:
6% - Advertising Fee:
2.87%-5%
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Zaxby's Second Knoxville Location Hatched June 30 With A Grand Opening Celebration
It's a grand opening celebration for Knoxville's second Zaxby's location, and everyone is invited! A Southeast favorite for chicken fingers and wings and one of the nation's fastest growing restaurant chains, the new restaurant is located at 6913 Kingston Pike and will operate 10:30 a.m. to 10 p.m. ...
Zaxby's Grants 50 Wishes For Sick Kids
In its third year of partnering with Make-A-Wish, Zaxby's is increasing its commitment to the organization with a $400,000 donation to help grant the wishes of more than 50 children with life-threatening medical conditions. To date, the chain has donated more than $1 million to Make-A-Wish to help m...
Zaxby's 10th Restaurant Hatches In Jacksonville
Licensees Chip Hults and Chris Manwell have opened the doors to Jacksonville's 10th Zaxby's restaurant, located at 4210 University Blvd., near Memorial Hospital. A Southeast favorite for chicken fingers and Buffalo wings, Zaxby's operates from 10:30 a.m. to 10 p.m. every day.
"After much anticipa...
Southaven's First Zaxby's Restaurant Hatches
Licensees David Bowden and Tom Scott have opened the doors to Southaven's first Zaxby's restaurant. The new restaurant is located at 6676 Getwell Road, near Snowden Grove Amphitheater. A Southeast favorite for chicken fingers and Buffalo wings, Zaxby's will operate from 10:30 a.m. to 10 p.m. every d...
Louisville's Second Zaxby's Hatches
Licensee Steve Brewer will open the doors to Louisville's second Zaxby's restaurant this Monday. The new restaurant is located at 5025 Mud Lane, near the Hillview Kroger. A Southeast favorite for chicken fingers and Buffalo wings, Zaxby's will operate from 11 a.m. to 10 p.m. every day.
"Louisvill...
Zaxby's News & Press Releases
When did Zaxby's start Franchising? 1994
United States: Nationwide
| 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.
Business 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.
To calculate how much income a franchise owner can do at Zaxby's Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
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 recommend that anyone seriously interested in pursuing a Zaxby's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Zaxby's
Zaxby's Franchising, Inc.
1040 Founders Blvd.,
Athens,
GA
30606